CHANGING DYNAMICS OF PROPERTY VALUE IN IBEJU-LEKKI AXIS OF LAGOS STATE BETWEEN 2003 AND 2015
DOI:
https://doi.org/10.46545/aijscm.v2i1.325Keywords:
Dynamics, Housing Built-Up, Properties, Value.Abstract
This study examined the changing dynamics and the trend of rental value of housing build-up in the Ibeju-Lekki axis of Lagos State from 2003–2015. The study relies on secondary data obtained from records at Ibeju-Lekki Government administrative office further. From the records, it was revealed that there were fifty-five (55), fifty-nine (59), and thirty-nine (39) housing built-up areas respectively on the high, medium, and low densities. There were 3,411, 1745, and 549 housing built-up buildings in the identified housing built-up areas. Secondary data were analyzed using trend analysis. Results showed that there is slight difference in the rate and dynamics of increase of the housing built-up properties value during pre-privatization and post-privatization era in the study area.
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Copyright (c) 2021 Mujidat Iyabo Adedigba, Olugbenga Theophilus Babatunde
This work is licensed under a Creative Commons Attribution 4.0 International License.
