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Effects of Economic Recession on Residential Property Rental Values in Awka Metropolis

Nigeria, as a developing nation, has been significantly impacted by the global economic recession, particularly following the COVID-19 pandemic. The country had already been experiencing a notable economic downturn from the second quarter of 2016 through 2020 before the global health crisis exacerbated the situation. This economic decline has adversely affected the nation's economy, as well as the real estate sector. This study investigates the effects of economic recession on residential property rental values in Awka Metropolis, Nigeria. Economic depression typically led to shifts in demand …

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