IMPACT OF SLUM ON VALUE OF RESIDENTIAL PROPERTIES IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
-
-
Background of the study
-
Background of the study
Slums are home to the poorest of urban populations in Africa. The houses inhabited by slum dwellers are mostly decrepit, overcrowded, in neighborhoods that are prone to flooding and beset with poor sanitation and shortage of potable water. Slums are easily formed in areas experiencing rapid urbanization without commensurate increase in the provision and maintenance of housing and infrastructure. Slums have been conceptualized as a group of buildings or an area characterized by overcrowding, deterioration, insanitary conditions, or absence of basic and essential facilities like potable water, drainage system, schools, health facilities, recreational grounds, post office, among others. Slums generate spontaneously and are in some cases, a direct result of the prevalence of poverty experienced by the inhabitants of cities. Slums which are regarded as an element of urban decay, also result from congestion in overcrowded cities where poor immigrants seek to settle for just any available accommodation irrespective of quality. The overwhelming negatives notwithstanding, there are some positive aspects to slums. In recent years, some environmentalists and organizations such as the United Nations Population Fund suggested that despite the poor living conditions, slums are positive both environmentally and socially. Because slums are characterized by very high density of housing, it’s environmental impact is smaller than that of dispersed rural communities. Furthermore, the fertility rate of new slum dwellers is below the replacement rate; this mitigates dangers associated with overpopulation that results from manpower-intensive subsistence agriculture, and frees up arable land for the nature, or more efficient industrialized agriculture. Slum dwellers also appear to have vastly better opportunities for getting jobs, starting small businesses and climbing out of poverty than rural inhabitants. Nigeria is ranked as one of the countries with high slum prevalence. The proliferation of shanty dwellings, squatter settlements and slums in most of our cities in Nigeria including the cross rivers state which is the being focused on in this study. However, it has been asserted that the presence of slum increase the rate of crime in the area thereby affecting the value of the residential property (Omole, 2010). The prevalence of slum in Nigeria has significantly affected the value of residential properties in the affected areas. This value is determined by the prices of the residential property or by the value of rent per a period time that is collected on them. However, the researcher will find out the impact of slum on the value of residential property in N
Statement of the problem
The process of urbanization which means specific changes in the distribution and structure of population as well as in a size and character of a settlement, their network or system, has many sided relationship with slums formation. The rapid rate of urbanization witnessed in the last century has produced more slums in the major cities of the world, particularly in developing countries where thousands of rural people move into the major cities at large proportion. Presence have slum is believed to have been a major cause of organized crime in the society. The researcher will investigate the impact of slum on the value of residential properties in Nigeria.
Related Project Materials
STAKEHOLDERS’ PERCEPTIONS ON THE MANAGEMENT OF STUDENTS’ DISCIPLINE IN SECONDARY SCHOOLS IN OKENE AND LOKOJA EDUCATION ZONES, KOGI STATE
ABSTRACT
This study was carried out to assess the ―Stakeholders‘ Perceptions on the Management of Students‘ Discipline in Sec...
ATTITUDE OF TERTIARY STUDENTS IN ABIA STATE TOWARDS INSTAGRAM SELFIES
Background Of The Study
Social media currently seem to take the centre stage in the field of information and communicati...
POLITICS OF RECRUITMENT IN THE ENUGU STATE CIVIL SERVICE (1999-2010)
ABSTRACT
The availability of a competent and effective labour force does not just happen by chance but through an articulate recruitment...
THE ROLE OF INTERNATIONAL ACCOUNTING FOR BUSINESS COMBINATIONS AND CONSOLIDATIONS
ABSTRACT
This study explores THE ROLE OF INTERNATIONAL ACCOUNTING FOR BUSINESS COMBINATIONS AND CONSOLIDATIONS, focusing on enhancing fin...
APPLICATION OF NLP TECHNIQUES TO ANALYSE SENTIMENT AND EMOTION ON SOCIAL MEDIA DATA
ABSTRACT
This study examined the application of NLP Techniques to analyse sentiment an...
THE ROLE OF EARLY CHILDHOOD EDUCATION IN REDUCING FOOD WASTE
ABSTRACT: This research explores the role of early childhood education in reducing food waste among young children. Educating children about f...
STRATEGY FOR PUBLIC PRIVATE PARTNERSHIP (PPP) IN NIGERIAN PUBLIC INFRASTRUCTURE MAINTENANCE
ABSTRACT
Infrastructure provides the foundation of every nation‟s economy and quality of life, thus investing in aging infrastructure the...
THE ROLE OF ACCOUNTANT IN MANAGING AND LIQUIDATING DISTRESSED BANKS
Abstract
This research work examines the role of accountant in managing and liquidating distressed banks. accountant plays a significant...
INTERNATIONAL ACCOUNTING FOR GLOBAL SUPPLY CHAIN MANAGEMENT
INTERNATIONAL ACCOUNTING FOR GLOBAL SUPPLY CHAIN MANAGEMENT
ABSTRACT
This study aims to investigate (1) the role of accounting...
THE ROLE OF SELF HELP IN COMMUNITY DEVELOPMENT PROGRAMME: A CASE STUDY OF OBADAN VILLAGE UHUNMWODE LOCAL GOVERNMENT AREA OF EDO STATE
ABSTRACT
The aim of this investigation was to identify the roles...
