Assessment Of Condominium Houses Affordability
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Author | : Hailu Kebede |
Publisher | : GRIN Verlag |
Total Pages | : 87 |
Release | : 2021-02-01 |
Genre | : Business & Economics |
ISBN | : 3346338134 |
Thesis (M.A.) from the year 2020 in the subject Economics - Other, grade: 1, Ethiopian Civil Service University (IGAD), language: English, abstract: This study has been conducted in Addis Ababa city of Akaki Kality sub city administration, Gelan condominium site with the general objective of assessing condominium houses affordability. It also attempted to identify the factors which affected the low income households for affording the condominium house and as well as to assess whether the condominium housing project benefits this targeted groups. Among other condominium sites Gelan site was chosen purposively. The study used mixing qualitative and quantitative methods and used primary and secondary data sources. To select the target population a researcher used simple random and purposive sampling technique. The study found that, majority of the residents of the condominium in the study area can afford the cost of condominium house because they were getting high income per month. However, the households with low income could not afford the price of condominium house. Furthermore, in the study area, condominium housing beneficiaries were not those who were classified as low and middle income categories rather households with higher income categories were benefited more. Majority of the housing units are owned by non targeted groups. The study also showed that, the intended objectives of condominium housing programs to provide 30 percent of the housing unit for female headed households has been well applied in to the study area. Additionally, the study revealed that, external factors such as poor investigation of the real problems on the ground, weak institutional evaluation and monitoring system of the program, the unparticipatory of the program and corruption practices was the main challenging factors that affects the households to benefited from the program. Based on the finding the researcher suggests the following to minimize the current problems of housing in the city through, giving special attention to control rural to urban migration, facilitating a comprehensive national housing policy by providing different subsidy mechanisms, establishing governmental housing banks that particularly work on the provision of low cost houses, encouraging the saving culture of the society, expanding the construction of rented houses, legislating and enforcing laws on the price of condo houses and increasing the participation of the city’s residents on evaluation of the program.
Author | : Habte Alemu Gudeta |
Publisher | : GRIN Verlag |
Total Pages | : 153 |
Release | : 2014-08-27 |
Genre | : Political Science |
ISBN | : 3656730679 |
Thesis (M.A.) from the year 2010 in the subject Urban and Regional Planning, grade: A, Addis Ababa University (Institute of Regional and Local Development Studies), language: English, abstract: This study has been conducted in Jimma town of ONRS with the general objective of assessing urban housing supply and its affordability with special reference to condominium housing. It also attempted to identify the factors which affected affordably condominium housing supply and local residents to afford for condominium housing in the town as well as to assess whether the condominium housing supply can solve the problems of urban housing for the urban poor. Data for this research were collected mainly through a survey of 180 households (120 households from non condominium residents and 60 households from condominium housing resident respondents) and analyzed using descriptive statistics and SPSS 15. The study found that, supplying of standard low cost housing for low and middle income groups are affected by high cost of local constructional materials, low level of income the majority of the residents, high housing costs and low capacity of the majority of the residents to afford for condominium housing in the study area. Beneficiaries of condominium housing were on average, those who were classified as high and middle income categories of the residents. The study also showed that, condominium housing beneficiaries are better off in terms of both mean monthly income and saving than the non condominium housing residents. Household with higher income categories are also those with higher monthly saving than the lower income category. As a result there was strong correlation between household income and saving with r =0.621(**). This showed that, household of higher income can save higher amount of their income that enables them to afford standard condominium housing.
Author | : Matthew French |
Publisher | : United Nations Human Settlements Programme |
Total Pages | : 72 |
Release | : 2011 |
Genre | : City planning |
ISBN | : |
"Prepared by Matthew French and Katherine Hegab"--Acknowledgements.
Author | : Frank Schnidman |
Publisher | : |
Total Pages | : 276 |
Release | : 1983 |
Genre | : Political Science |
ISBN | : |
Author | : John Henry Wigmore |
Publisher | : |
Total Pages | : 564 |
Release | : 1928 |
Genre | : Law |
ISBN | : |
Author | : United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee |
Publisher | : |
Total Pages | : 1586 |
Release | : 1981 |
Genre | : Apartment houses, Cooperative |
ISBN | : |
Author | : United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee |
Publisher | : |
Total Pages | : 1552 |
Release | : 1981 |
Genre | : Apartment houses, Cooperative |
ISBN | : |
Author | : Sylvia Black |
Publisher | : Sylvia Black |
Total Pages | : 188 |
Release | : 2022-06-15 |
Genre | : Business & Economics |
ISBN | : |
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Author | : United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee |
Publisher | : |
Total Pages | : 232 |
Release | : 1981 |
Genre | : Apartment houses, Cooperative |
ISBN | : |
Author | : Abaynew Wudu Belete |
Publisher | : |
Total Pages | : 20 |
Release | : 2019-06-10 |
Genre | : |
ISBN | : 9783668979864 |
Scientific Study from the year 2017 in the subject Economics - Case Scenarios, language: English, abstract: The rental sector had been neglected in government housing policy and in the local government's resource allocation, though it apprehended a large number of urban dwellers and which will undoubtedly continue in the future. The study aimed to examine the rental housing affordability, assess rental housing characteristics, identify factors which determined rental affordability and devised alternatives to promote rental housing affordability. In examining rental affordability about 651 questionnaires were distributed to rental households and government officials were interviewed to capture experience on rental regulatory and administrative issues. Global and local experiences on government housing policy and strategies revealed that the rental housing was less emphasized or sometimes, it was totally ignored. However, results from inter-census survey report revealed that the rental sectors had contributed much in addressing the residential needs of the urban poor and the contribution of the sector in addressing the housing needs were raised from 45 percent to 54 percent. Results from the logistic regression analysis indicated us the rental levels in the sample cities were in the threshold at least for 60 percent of the households. However, this event does not mean that rent is affordable; rather the lessee had a compromised adequacy of housing with monthly rental price to be in acceptable range. Therefore, the government should devise alternatives to promote rental sectors through regulation and policy interventions. Among the possible measures, getting rental housing on the larger urban policy is the first and central intervention. The government should regulate the rental market through regulatory and policy measures by making balance the interests of both landlords and renters.