Browsing by Author "Kemiki O.A."

Now showing 1 - 2 of 2

Effect of Demographic Features on Household Residential Mobility in Bida
(School of Environmental Technology International Conference 2024 (SETIC 2024),School of Environmental Technology, Federal University of Technology Minna, Niger State Nigeria, 2024) Samuel j.; Kemiki O.A.; Ajayi M.T.A.; Musa H. D.; Olawale A.A.
This study examined the impact of demographic characteristics on household residential mobility in Bida, Nigeria. Residential mobility, a critical aspect of urban dynamics, is influenced by various demographic factors including age, income, education level, household size, and employment status. Through a descriptive survey approach, the study administered questionnaires on 385 residents of selected neighbourhoods in the study area with 276 questionnaires, indicating 83.6, returned valid for analysis. The collected data were analysed descriptively with frequency tables, percentage distribution and mean values. Findings of the study indicated a steady pattern of residential mobility across the selected neighbourhoods with high income earners more susceptible to mobility than their low-income counterparts. It was further observed that highly educated and younger households exhibit greater mobility, often seeking improved housing conditions and employment opportunities. In contrast, lower-income households tend to have lower mobility rates, constrained by economic limitations and affordability issues. This implies that economic demographic feature (income, employment and home ownership status) is more effective than social features (age, marital status, religion, cultural and social ties) in determining residential mobility (weighted mean score of 3.55 for social features and 3.66 for economic features). The study highlights the importance of understanding demographic influences on residential mobility to inform urban planning and housing policies aimed at fostering equitable and sustainable urban development by concluding that demographic features indeed influence residential mobility pattern over time. The need for policy formulation, such as improvement of economic possibilities, encouragement of affordable house ownership, and the promotion of education and skill development, are recommended.
Impact of Residential Mobility on Commercial Real Estate Investment Decision in Minna, Niger State Nigeria
(School of Environmental Technology International Conference 2024 (SETIC 2024), October, 2024, 2024) Samuel j.; Kemiki O.A.; Ajayi M.T.A.; Musa H. D.; Olawale A.A
This research explores the influence of residential mobility on commercial real estate investment decisions in Minna, Niger State, Nigeria. Residential mobility, reflecting the frequency and patterns of household relocations, significantly affects the dynamics of urban environments and, consequently, commercial real estate markets. The study employed a qualitative approach with selection of ten stakeholders in the real estate development and property market in Minna. Data were collective via semi-structured interview centred on four research questions towards achieving the research objective. The collected data were analysed with the aid of thematic content analysis. The findings indicate that high residential mobility in certain neighbourhoods like Bosso, Fadikpe and Maitumbi correlates with increased commercial real estate activity, driven by the demand for retail shops, office, and service-oriented spaces catering to a transient population. Conversely, areas with low residential mobility like Barikin Sale and Sauka Kahuta exhibits slower commercial development, often due to a stable but limited consumer base. Stability and risk management, opportunity and growth potential, and demographic influence on investment decisions are the elements of residential mobility indicating investment in commercial property development in the study area. The study concludes that decision to invest in commercial real estate is indeed influenced by residential mobility; though in relation to other outlying factors like finances, demand for commercial properties and economic prospects among other. Stakeholders and investors in the commercial real estate are recommended to always conduct in-depth market research, concentrate on stable neighbourhoods, make use of demographic information, keep an eye on urban and economic growth, and interact with local stakeholders in a bid to make more informed and strategic decisions that align with both global trends and local realities.