EVALUATING THE EFFECTS OF BUILDING MATERIAL COST ON QUALITY HOUSING DELIVERY IN NIGERIA
Keywords:
Building, Cost, Housing, Material, QualityAbstract
Real estate development is one of the sectors in Nigeria that is contributing greatly to the growth of the nation. This is because shelter is one of the indispensable and a true basic need of all human beings. The importance of housing to man cannot be underestimated. From the ancient days till now, human beings always seek for an abode. From the rural settings to the urban areas, the provision of shelter is highly envisaged by the public. The aim of this study was to evaluate the effects of building material cost on quality housing delivery.
Methodology: Goal setting theory and Expectancy theory backed the literature reviewed in this research. Descriptive survey design was adopted; thus, data for the research was sourced through questionnaires. The collected data was analyzed using percentages, regression tools in Eview8 which were validated by experts in the field of study.
Findings: The result was presented in pie charts, bar chart and tables. The results from the findings show that 41.3% of the respondents strongly agreed on the opinion that cost of building materials affect the quality housing delivery, 29.7% agreed, 15.0% of the respondents disagreed while 14,0% strongly disagreed. The regression result of the response had R2 of 0.909 which means that about 90.9 % of the total variation in quality house structure is as a result of cost of building materials. Recommendations: It is recommended that stakeholders should lower the high cost of rental fees in metropolitan areas, the government should also offer tax exemption and charges to local and importers of building supplies as needed.