ASSESSMENT OF RENTAL HOUSING AFFORDABILITY BY TEACHERS IN MINNA, NIGERIA

Abstract

The study examined the rental housing affordability by teachers in Minna, Niger state, Nigeria. The target population for the study are teachers in public secondary schools having both junior and senior secondary schools within the grade level 07-17 in Minna Metropolis. The sample size covered 20 public secondary schools with 927 teachers within the selected public schools. Both primary and secondary sources of data were used for this study. Primary data for this study were obtained by administering prepared questionnaires to the teachers in the selected schools. Sources of secondary data used for this study include journals, textbooks, publications, government publications of related literature to the study. The study employed the use of descriptive and inferential statistics. For the descriptive statistics; frequency distribution table with percentages, Likert scaling were used. The inferential statistics used was Pearson Product Moment Correlation Coefficient to analyze the collected data. Result shows that teachers in Minna occupy various types of residential housing, the common types being tenement room apartment also the teachers in the selected location on grade level 17 earned annual income of 2,662,711.54 and rental value of 217,692.31 while in contrast teachers on grade level 7 earned 517,487.62 and rental value of 73,064.75. The study further showed a positive significant correlation between annual income of teachers and property rental value of teachers in Minna. This implies that as long as there is increase in annual income of teachers, property rental value of teachers in Minna will increase. Lastly, high cost of building materials, high technological input, among others are the factors affecting rental housing affordability by teachers in the selected locations in Minna Metropolis. Among others, the study recommended that more emphasis should be placed on low and medium housing units specific for teachers, this will reduce the housing cost thus making it more affordable to many teachers.