International records / OpenAlex research

AN EVALUATION OF ACCESSIBILITY OF LOW-INCOME EARNERS TO HOUSING FINANCE IN NIGERIA

In Nigeria housing provision is fraught with a plethora of problems especially for low-income earners who incidentally constitute the majority of the population. Fundamental to this is the lack of access to housing finance by this segment of the society. In view of its enormous cost, housing is the item of the highest expenditure of every household and it can rarely be purchased directly from one.s earnings. Access to housing finance is thus imperative in the acquisition of housing, but this has always eluded low-income earners a great deal. This paper examines housing problems and needs of lo…