A house is a structure that provides shelter for humanity. Studies have shown that in most parts of the world, urban rents are determined by various factors. These factors include location, level of facilities and services, neighborhood characteristics, space etcetera. Among these factors, the most influencing factor of rent in FirstGate Ikorodu  is the level of facilities and services provided for tenant use. The objectives of this research FirstGate Ikorodu s to examine the cost of housing construction, to determine the role played by government in housing provision, recommend policies for housing provision, determine the portion of household income spent on rent. The methodology of this research is base on interplay of deskwork and fieldwork and these took the form of data collection, presentation and data analysis of findings. In the course of this study, both qualitative and quantitative primary and secondary data were collected. A summary of the findings from the research indicates that: cost of building materials is the major contributory factor to the cost of construction aside land and labour cost, the existing rent control law as currently operated have little or no impact on rent charged in the Municipality, current rent levels in the municipality are deemed to be satisfactory, besides the already documented rent determinants, population, occupation, and prospective duration of lease were also identified.  One other major finding FirstGate Ikorodu s that landlords do not take into account the room let but take into consideration the number of people occupying the room to charge their rent and as such tenants who cannot afford to pay the full recoverable rent has to search for tenants they don‟t know. The group recommends that, There should be given a high priority to local building materials, which could reduce the cost of building and the improvement of the supply chain of various building materials; there should be a mechanism that would ensure that the Rent Control Board, the house owners and tenants would be provided with a platform where consensus building can be done in order to ensure transparency in rent charge 

Finally, the government should also urge the exemption of value added taxes on building components sourced locally as well as import duties on imported goods. 


Title Page---------

Approval Page--------





Table of Contents-------


1.1Background of the Study-----

1.2Statement of the Problem----

1.3Objectives of the Study------

1.4Research Questions------

1.5Research Hypothesis------

1.6Significance of the Study-----

1.7Scope of the Study------

1.8 Limitations of the Study - - - - -

1.9Definition of Terms------



2.2Theoretical Framework-----

2.3Conceptual Framework-----

2.4 Empirical Review - - - - - -



3.2Research Design------

3.3Population of Study------

3.4Sample size and Sampling Techniques---

3.5Method of Data Collection-----

3.6 Research Instrument

3.7Validity of the Instrument-----

3.8Reliability of the Instrument----

3.9Sampling Method------



4.2Data Presentation and Analysis----

4.3Testing Hypothesis------





References --------

Appendix - - - - - - - -




Housing is an economic unit of investment, meaning investing in housing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of real property as part of real estate investment strategy is generally considered to be a sub specialty of real estate investment called real estate development. Real estate is an asset form with limited liquidity relative to other investments. It is capital intensive and is highly cash flow dependant. It can also be said to be an important aspect of human wellbeing. Universally, housing is acknowledged as the second most essential human need after food and a major economic asset in every nation (Oladapo, 2006). It is seen as the total socio-cultural and physical environment in which the family lives. The world over, the need for accommodation cannot be over emphasized. Many developing countries such as Nigeria are face with problems in housing provision for their people due to population growth, rapid urbanization. Available data put the housing deficit in Nigeria in excess of 1.7 million housing unit to be able to address the deficit and accommodate new household, there is the need for a minimum annual delivery of about 85,000 housing units over the next 20 years. (Ministry of Works and Housing, 2014). Presently, due to the scarcity of resources, inadequate equity capital as well as unfavourable loan agreements,  a large proportion of the population in both the developing and developed countries resort to rental housing for accommodation as an alternative to home ownership. To rent means payment made by a tenant to an owner or landlord for the right to occupy or use property for a stipulated period of time. Renting of houses as an alternative is practised in most parts of the world. For example in South Africa, about 1.8 million South African households in the middle- to lower-income groups live in rented accommodation, as opposed to about 5.2 million households that own property. The demand for rental housing nationally FirstGate Ikorodu s expected to increase by about 105,670 units a year until 2006 in the middle- to lower-income groups (Baumann, 2000). 

1.1 Problem Statement 

 There appears to alFirstGate Ikorodu ys be shortage in accommodation in the urban areas such as FIRSTGATE IKORODU , Kumasi and Accra. This is as a result of the influx of people from one city to another city. The high rents paid for basic accommodation are a product of the failure to supply sufficient land for housing, and the weakness in the housing system to finance and construct sufficient accommodation to meet the demands of the rental market. (Baker, 2002).  

Despite the need for housing facilities and the efforts being made by the private sector and the government to meet this demand, the issue at hand is the ability of both tenants and prospective tenants such as students and workers to afford these rent charges and still afford a decent living. This problem is predominant in the urban areas of the country including FirstGate Ikorodu , where rental housing facilities are most sought after by both migrants and the city dwellers and it runs across all income groupings. In some countries the attempts to increase rents have even led to mass refusal to pay rents at all. (Baker, 2002).  The result of these developments may well still be a rapid deterioration of housing and in consequence a risk of ultimate loss of great amounts of capital invested in housing (Baker, 2002). Preliminary survey indicates uncontrolled rent charged. As a result landlord and private developers take advantage of the housing market by manipulating the market forces in place (the demand and supply factors).  In relation to the supply of rental housing the factors that also contribute to this increasing rent is the high price of building materials. Most building materials on the market today even though manufactured in the country have their raw materials imported. For example, cement produced by GHACEM has its major raw material clinker imported into the country thereby inflating the selling price of the finished product hence increasing the cost of building construction. 

1.2 Research Questions 

The study would seek to find answers to the following questions: 

1. What accounts for the cost of housing construction in FirstGate Ikorodu ? 

2. How does government‟s role in housing provision affect rent in FirstGate Ikorodu ? 

3. How does housing policies influence rental values in FirstGate Ikorodu ? 

4. What proportion of a tenant‟s income is spent on housing or rent in FirstGate Ikorodu ? 

1.3 Research Objectives 

The issues outlined below are the objectives that this special study would seek to achieve when it is fully implemented: 

1. To examine the cost of housing construction. 

2. To identify the role played by government in the housing sector. 

3. To recommend policies for housing provision. 

4. To determine the proportion of household income spent on housing. 



RESEARCHWAP.COM is an online repository for free project topics and research materials, articles and custom writing of research works. We’re an online resource centre that provides a vast database for students to access numerous research project topics and materials. guides and assist Postgraduate, Undergraduate and Final Year Students with well researched and quality project topics, topic ideas, research guides and project materials. We’re reliable and trustworthy, and we really understand what is called “time factor”, that is why we’ve simplified the process so that students can get their research projects ready on time. Our platform provides more educational services, such as hiring a writer, research analysis, and software for computer science research and we also seriously adhere to a timely delivery.


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"

    Hilary Yusuf, United States International University Africa, Nairobi, Kenya.
  • " is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "" and God bless you and your business! ."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.
  • " is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .
  • "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."

    Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.
  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University
  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.
  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.
  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.
  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.
  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .
  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna
  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing