HOUSING DEVELOPMENT

This study examines housing quality as a determinant of residential rental value in Benin City,Edo state. The study was carried out using both primary and secondary data. In all 308 questionnaires were administered in 20 zones of the three residential areasmapped out in the study area and respondents were randomly
selected along major streets. But only 280 questionnaires were returned valid for
analysis. Using the statistical packages for social sciences (SPSS),various statistical
techniques and presentations were employed in analyzing the data. The hedonic
regression model was used to test the first hypothesis of the study. The result showed
that there was a significant relationship between housing quality and residential
rental value in the study area with 50% of type of floor finish having the highest beta
coefficient at -.215.

This study attempts to empirically examine the impact of mortgage financial activities and housing development in Nigeria. The study used housing development, mortgage loans, interest on loans and mortgage investment as proxy for housing development in Nigeria. This study made use of secondary data. The data were sourced from the Central Bank of Nigeria Statistical Bulletin from the period of 1992-2018. Descriptive statistics and Ordinary Least Square regression analysis were adopted for analyses. It was found that housing development does not granger causes mortgage loans, housing development does not granger causes interest on loan, while, housing development granger causes mortgage investment. The study recommends that, the Nigerian Government should increase its expenditure as one of the other factors that could affect housing developments, thereby paying more focus on housing development