Effect of Infrastructure Provision on Self-Financed Housing Development in Akwaibom State, Nigeria.

Effect, Infrastructure, Self-financed Housing and Development.

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Infrastructure provision plays a key role in the development of self-financed housing as well as other economic developments within an area. This research aims at examining the effect of infrastructure provision on self-financed housing development in Nigeria. Descriptive survey research design was adopted on a population of two thousand one hundred and sixty-five property developers. Statistical Mean and Pearson Product Moment Correlation Coefficient techniques were used in analyzing the data obtained. The result indicated that the provision of infrastructure has a strong positive effect on self-financed housing development; and that the development of self-financed housing is strongly affected by the provision of infrastructure with a coefficient of .99 using Pearson Product Moment Correlation Technique. Conclusions made are; that the provision of infrastructure enhances the value of self-financed houses; it opens up the hinterland and encourages self-financed housing; it leads to higher satisfaction on property owners as well as higher value on the property itself; and that infrastructural provision promotes housing delivery through self-financed housing developments.