An Assessment of Housing Demand in the Informal Housing Market in Ibadan Oyo State

• Author(s): Oshikoya, Taiwo Peter
• Paper ID: 1704328
• Page: 693-705
• Published Date: 30-04-2023
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 6 Issue 10 April-2023

Abstract

Over the past decades, the rapid rate of urbanization in sub-Saharan Africa has accentuated a number of urban challenges especially in the area of housing and housing market. This study examined the demand in the informal housing market in Ibadan metropolis with a view of providing a possible way out to mitigate the negative impact. The research method uses both narrative and statistically descriptive in nature which entails intensive literature review in the informal housing sector and the housing market. Both descriptive and inferential statistics were employed for analysis in this study. At the end, the study expected to explain influence of market forces in the informal housing market and how Issues such as low income household constraints, tenure security, cross-market infiltration impacts the supply and demand of informal housing.

Keywords

Demand, Housing, Housing Demand, Housing Market and Settlement

Citations

IRE Journals:
Oshikoya, Taiwo Peter "An Assessment of Housing Demand in the Informal Housing Market in Ibadan Oyo State" Iconic Research And Engineering Journals Volume 6 Issue 10 2023 Page 693-705

IEEE:
Oshikoya, Taiwo Peter "An Assessment of Housing Demand in the Informal Housing Market in Ibadan Oyo State" Iconic Research And Engineering Journals, 6(10)