Residential Land Values Determinants in Onitsha, Nigeria

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dc.contributor.authorIlechukwu, V.U
dc.contributor.authorSalau, T.I
dc.date.accessioned2020-01-13T08:30:10Z
dc.date.available2020-01-13T08:30:10Z
dc.date.issued2018-06-24
dc.descriptionStaff publicationsen_US
dc.description.abstractAmong the many determinants of city development, land value is a major factor. The past urban economics studies have shown that land value is largely determined by location factors such as distance from Central Business District (CBD) to the exclusion of non-location factors like time of purchase and neighbourhood infrastructures. Therefore, this paper attempts to establish the relative importance of location and non-location factors in the determination of residential land value by positing Onitsha, Nigeria as a case study. Eight hundred and fifty residential housing units were selected and questionnaire administered to the landlords through multi-stage sampling technique. The step wise regression analysis results showed that non-location factors, especially, time of land purchase, contribute more to the variation in residential land values. The paper suggests the revision of the classical economic theories to represent the conditions of urban areas in developing countriesen_US
dc.identifier.citationIlechukwu V.U and Salau T.I (2018). Residential land value determinants in Onitsha, Nigeria. Construction Research Journal, 5(1), Department of Building, faculty of Environmental Sciences, University of Lagos: 64 – 75.en_US
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/7348
dc.language.isoenen_US
dc.publisherDepartment of Building, University of Lagosen_US
dc.relation.ispartofseriesConstruction Research Journal;Vol.5(1)
dc.subjectLocation factorsen_US
dc.subjectNon-location factorsen_US
dc.subjectNigeriaen_US
dc.subjectOnitshaen_US
dc.subjectResidential land valueen_US
dc.subjectResearch Subject Categories::FORESTRY, AGRICULTURAL SCIENCES and LANDSCAPE PLANNINGen_US
dc.titleResidential Land Values Determinants in Onitsha, Nigeriaen_US
dc.typeArticleen_US
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