Determinants of Land Value in the University of Port Harcourt Host Communities, Nigeria
- August 26, 2019
- Posted by: RSIS
- Category: Social Science
International Journal of Research and Innovation in Social Science (IJRISS) | Volume III, Issue VIII, August 2019 | ISSN 2454–6186
Determinants of Land Value in the University of Port Harcourt Host Communities, Nigeria
Collins H. Wizor (Ph.D)*, Prof. Samuel B. Arokoyu
Department of Geography and Environmental Management, University of Port Harcourt, P.M.B 5323, Port Harcourt, Nigeria
*Corresponding Author
Abstract: – Rapid growth in suburbanization and the rapid expansion of urban population in contemporary times, especially in the global south have brought a lot of dynamic changes to urban areas and land values This study therefore focused on the determinants of land value in the University of Port Harcourt host communities.The study was purely a survey research and computation of raw data from field investigation was done. Purposive sampling techniques was used to select three host communities of the University of Port Harcourt while data analysis and testing of the validity of the research hypothesis was done through the aid of Bi-variate and multivariate analytical techniques. The student “T” test was used to test if there is significant relationship between the dependent and independent variables. The result of analysis shows that there is a strong positive relationship between land value and factors affecting land values, which are accessibility, land use, terrain and distance from nearest Central Business District (CBD). The researchers conclude that these variables contribute to land value in the study area and therefore recommends the need for government to embark on a well-thought-out sub urbanization scheme aimed at dispersing the over-crowded population of the city which will reduce rural-urban mass movement and lower the demand placed on urban land.
Keywords: Land, Value, Host, Communities, Analysis, Comparatives, suburbanization
I. INTRODUCTION
Land is the solid part of the earth surface and the basic natural resource of any nation or state on which human and economic activities take place. It is humanity’s most valuable resource without which man could never have existed and on which his continued existence and progress depend (Fabiyi, 2006). Land is said to be the primary and permanent material for human existence. Land from time immemorial has been treated as a measure of wealth, status and power all over the world. As a result of this land has also been the source of many bloody conflicts and disputes not only between nations, kings, but also between common people as this was the major source of their livelihood. It has also been the cause of family rifts, turning brothers into enemies.