Social unrest and real estate market recovery in Nigeria(A case study of port Harcourt, rivers state Nigeria)
||Baridoma, Moses Baridi
||Social unrest and real estate market recovery in Nigeria(A case study of port Harcourt, rivers state Nigeria)
||21st Annual European Real Estate Society Conference in Bucharest, Romania
||Real estate market is a very sensitive environment as perception and sense of security plays key roles.property investors and tenants both desires peace of mind and security of income over time.the occurence of local and regional social, religious, economic and political unrest tend s to determine the stability and progress in real estate investment, of all these, social unrest as experienced in the Niger delta region of Nigeria between 2005 - 2009 seems to be the most devastating on the real market in the region. This paper takes a critical look at social unrest globally and particularly in the Niger delta, it's causes, social effects and the impact on the real estate market, measurement of its rate of recovery and proffer useful solutions to prospective property investors in the region.The study adopts simple statistical tools like the bar chart, tables and graphs to deduce inferences from the data obtained from developers, agents and tenants.
Post discussion ...
||D : Housing Markets & Economics
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