DETERMINANTS OF HOUSE OWNERSHIP AMONG UNIVERSITY OF UYO STAFF
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Man has consistently tried to build
his immediate environment so as to provide a means to cover and protect himself
from the external elements. Despite man’s effort to provide decent
accommodation, his effort seems unrealizable with processes that are too cumbersome.
This paper seeks to investigate
determinants of house ownership among University of Uyo Staff. For the purpose
of collecting data, a population
size of 2494 Staff was identified through the Department of Establishment,
University of Uyo. However, one hundred and fifty (150) copies of questionnaire were distributed
among the University staff using simple random technique. A Factor Analysis
technique was used to analyze fourteen factors which five
components were extracted and their factor loadings were used in examining the
determinants. The factors were renamed to include family life cycle, identity,
cost saving resources, socioeconomic, and catalyst of determination. Conclusion
were reached that some individuals are oblivious or lack determination to build
their own houses or they await a time where considerable savings will propel
them to build a house but such opportunities are scanty. The study recommended
that Physical Planners and Planning Agencies should
advice government on the technological innovation needed to be in place to
facilitate housing development which are not limited to computerized land
information system, Geographic Information System and other relevant tools that
can aid efficiency of work in the agencies. Also, people should invest in real
estate knowing that housing is a veritable item of economic investment.
Keywords:
House, Determinants, University of Uyo Staff, Ownership
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Cyril, E (2018). DETERMINANTS OF HOUSE OWNERSHIP AMONG UNIVERSITY OF UYO STAFF. Afribary.com: Retrieved February 18, 2019, from https://afribary.com/works/determinants-of-house-ownership-among-university-of-uyo-staff
Effiong, Cyril. "DETERMINANTS OF HOUSE OWNERSHIP AMONG UNIVERSITY OF UYO STAFF" Afribary.com. Afribary.com, 24 Oct. 2018, https://afribary.com/works/determinants-of-house-ownership-among-university-of-uyo-staff . Accessed 18 Feb. 2019.
Effiong, Cyril. "DETERMINANTS OF HOUSE OWNERSHIP AMONG UNIVERSITY OF UYO STAFF". Afribary.com, Afribary.com, 24 Oct. 2018. Web. 18 Feb. 2019. < https://afribary.com/works/determinants-of-house-ownership-among-university-of-uyo-staff >.
Effiong, Cyril. "DETERMINANTS OF HOUSE OWNERSHIP AMONG UNIVERSITY OF UYO STAFF" Afribary.com (2018). Accessed February 18, 2019. https://afribary.com/works/determinants-of-house-ownership-among-university-of-uyo-staff