specialty journal of geographical and environmental science
Effects of Population Changes on Residential Properties Rental Values (Empirical Evidences from Kaduna, Nigeria)
Isa Abdullahi, Muhammad Abdullahi, Hassan Muhammad
The research centered on how change in population (Demographic) affect residential properties rental values in Sabon-Tasha and Bakin-Ruwa through personal interview and semi structured questionnaire targeted at tenants and registered estate surveyors and valuers data was collected.The study analysed trends of residential properties rental values in Sabon-Tasha and Bakin-Ruwa using a 10 year rental value from 2001-2011 within the study period and also analysed the percentage changes in rental value of properties within the study areas. The research identifies how changes in population affected rental value of properties and also identified factors which led to change in population. The significance of this research is to provide an insight to property investors that demography affects rental values, as such areas with high population will have latent potential for property development.