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dc.contributor.authorOlatunji, I. A.
dc.contributor.authorOjetunde, I.
dc.contributor.authorLiman, H. S.
dc.contributor.authorBolomope, Muhammed
dc.date.accessioned2021-08-01T22:48:31Z
dc.date.issued2020-01-23
dc.identifier.urihttps://hdl.handle.net/10182/14082
dc.description.abstractThis paper examined the impact of real estate value as well as the impacts of 4 other pertinent variables (household income, commuting cost, workplace distance and household activity pattern) on housing choice optimality, HcO. Utilizing a sample of 107 purposively selected middle income households in Abuja and Minna, the study employed regression analysis to explore the intuition that real estate value is related to HcO. The results showed that the housing optimality model has a fair predictive explanation of approximately 57%-77% for the explanatory variables. Findings from the study also revealed that real estate value with the other variables influence housing choice optimality, although the magnitude of such influence varies across the two cities. As such, real estate value represents a burden which households must bear in order to secure the right to an apartment of choice. It is concluded that given the real estate value, the consequential housing choice optimality, could be predicted across different housing markets in Nigeria.en
dc.format.extent12en
dc.language.isoen
dc.relationThe original publication is available from - http://www.prres.net/index.htm?http://www.prres.net/Conference.htmen
dc.source26th Annual Pacific Rim Real Estate Society Conferenceen
dc.subjectAbujaen
dc.subjectMinnaen
dc.subjectNigeriaen
dc.subjectreal estate valueen
dc.subjectmultiple linear regressionen
dc.subjecthousing choice optimalityen
dc.titleReal estate value as co-determinant of housing choice optimality: The Nigerian experienceen
dc.typeConference Contribution - published
lu.contributor.unitLincoln University
lu.contributor.unitFaculty of Agribusiness and Commerce
lu.contributor.unitDepartment of Land Management and Systems
pubs.finish-date2020-01-22en
pubs.notesTheme: The Built Environment Beyond 2020en
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/LAMS
pubs.publication-statusPublisheden
pubs.publisher-urlhttp://www.prres.net/index.htm?http://www.prres.net/Conference.htmen
pubs.start-date2020-01-19en
lu.subtypeConference Paperen


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