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An Assessment Of Housing Demand And Supply
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1.4 Research question
(1) What is the commercial nature of housing in Anyigba?
(2) is there any ways of improving the commercial structure of housing in Anyigba?
(3) is there any relationship between the commercial nature of Anyigba and provision of accommodation?
(4) What are the ways of meeting demand and supply of housing in Anyigba?
1.5 Significance of the study
It
is believed that at the completion of the studies, the findings will be
useful to the federal ministry of housing and town planning in their
quest to provide affordable accommodation to its citizens. The study
will also be of great importance to the private investors in the housing
industries as the study will be a pathfinder to them to ascertain the
areas of housing demand in the country. the study will also be of great
importance to researchers who intend to embark on research on similar
topic as it will serve as a reference point. Finally the study will be
of importance to academia, students, teachers and the general public who
are also a benefactor of housing in the community.
1.6 Scope and limitations of the study
The scope of the study covers assessment of housing demand and supply in Anyigba community in Kogi State.
However, the study has some constrained and limitations which are:
(a) Availability of research material:-
The research material available to the researcher is insufficient, thereby limiting the study
(b) Time:-
The
time frame allocated to the study does not enhance wider coverage as
the researcher has to combine other academic activities and examinations
with the study.
(c) Finance:-
The finance available for the
research work does not allow for wider coverage as resources are very
limited as the researcher has other academic bills to cover.
1.7 Definition of terms:
Housing
A
residence such as a house, apartment, mobile home, or room(s) within a
larger structure that provides a space for occupants making up a single
household to live and eat.
Demand
Demand is an economic principle
that describes a consumer's desire and willingness to pay a price for a
specific good or service.
Supply
Supply is a fundamental economic
concept that describes the total amount of a specific good or service
that is available to consumers.
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