Dr. Joseph Aluya
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This book is a spin-off from an award-winning published dissertation microfilmed and recorded into ProQuest, EBSCOhost, and Thomson Gale PowerSearch electronic libraries worldwide. Informative materials in this phenomenological qualitative study supported and complemented through quantitative analyses are also accessible in the library of the United States Congress. Pedagogically, this book enhances and contributes to scholarly knowledge. Doctoral learners or students obtaining their terminal degrees will find this book helpful. Various theories were conceptualized from over 12, 000 literature materials garnered and collated from electronic libraries. Starting from germinal socioeconomic theories-Adam Smith invisible hand theory (1776/1776b), Ricardo (1964) substitution theory, and seminar stakeholders’ theories were conceptualized and expounded in alignment with how affordable housing affects middle-income population in Abuja, Nigeria. Within the context of this book, middle income population was nebulously defined; however, research shows that the lack of affordable housing affects middle income earners worldwide.
How technological situational happenstances are imperatively, significantly, and inextricably intertwined with the real estate industry is congruently explained. Effective and efficient communication, management, leadership, infrastructures, and economic variables are at the core of affordable housing in Abuja. Literature review used in conceptualizing and crafting this book illuminates the need for stakeholders to be engaged collaboratively, synergistically, and seamlessly in filling the gap that will result in affordable housing in Abuja. The stakeholders' engagement in filling the housing gap could be horizontal or vertical. Stakeholders are the governmental agencies, financial institutions and the private sector. The collaborative efforts of the stakeholders and its significance to leadership remain the centerpiece of this book. Corresponding efforts of the stakeholders internally and externally in filling the housing gap in the sub-Saharan African cities are equally advocated.
Housing in Sub-Saharan African Cities published 2007 in the United States remain a bestseller that supports and complements this current book.
This is a qualitative phenomenological study using a modified van Kaam method by Moustakas (1994) with audiotape and semi-structured transcribed interviews conducted with a purposeful sampling of 30 individuals in Abuja, Nigeria. From the inductive experiences of the middle-income populations, the study explored a lack of affordable housing as it affects the target populations. To support and complement participant’s responses from the qualitative interview questions, a five-point, Likert-type 25 quantitative survey questionnaires was administered to the participants.
The research question was how does the lack of affordable housing impact the middle-income population? A lack of affordable housing was imperatively linked to double-digit interest rates attached to loans and the income range of the middle-income populations. Socioeconomic and stakeholders theories were used to conceptualize the concept of the lack of affordable housing. Research findings indicated that the economic infrastructure affects housing for the middle-income population. Because of the city’s inadequate infrastructure development, a lack of affordable housing affects middle-income population (Bowditch & Buono, 2001; Newan, Ridenour, Newman, & DeMarco, 2003). The significance of study was to bring awareness to Nigerian leadership as to how housing affects the middle income population. A recommendation for the stakeholders is to collaborate and seamlessly work to enhance technological information exchanges on housing. Externally, the International Monetary Fund, the World Bank Group, Habitat for Humanity, and the United Nations Educational, Scientific, and Cultural Organization to horizontally and vertically engage Nigerian banks to start granting low-interest loans for housing.
