International records / OpenAlex research

Mortgage Financing and Sustainable Housing Development in Nigeria

This study examines the effect of mortgage financing on sustainable housing development in Nigeria, with emphasis on mortgage loans, institutional coverage, mortgage repayment-to-income ratio, and macroeconomic stability. Using an ex-post facto research design and annual time-series data, the study applies the Autoregressive Distributed Lag (ARDL) model and Error Correction Mechanism (ECM) to assess both long-run and short-run relationships. The ARDL bounds test confirms the existence of a long-run equilibrium relationship among the variables, while the error correction term indicates a rapid …