Housing Affordability in Iwo, Nigeria

Abstract

Housing is recognized as one of the most important in humans' hierarchy of existential needs. However, 
access to decent, safe and sanitary housing accommodation at affordable disposal rates has been a mirage 
to most Nigerians especially the middle and low-income segment of the society. In line with SDG 11 
which focuses on sustainable cities and communities, this study explores means of making cities safe and 
sustainable via access to decent and affordable housing. With a focus on Iwo in Nigeria's Osun State, the 
study aims to ascertain the extent of the problem as well as the challenges it poses to creating a sustainable 
built environment. Iwo is a typical Nigerian traditional town that has been transformed by modernity. The 
study utilizes a comprehensive data set containing socio-economic variables of households as well as 
indicators of housing characteristics including, cost, rent, size and quality. Primary and secondary data 
were utilized. The basic data set came from a structured questionnaire that was administered to selected 
residents of the study area. The systematic sampling technique was used to select buildings at intervals of 
every twentieth building in the nine wards into which the city was stratified. In all, 1,061 copies of the 
questionnaires were administered on household heads in the city. Secondary data were sourced from 
published sources such as the report of the survey of housing units in selected urban towns in Osun State 
by Osun State Ministry of Finance, journal articles, textbooks and the Internet among others. Frequency 
tables and percentages were used to explain the results of the study. It is suggested that the institutional 
framework to promote, enhance and encourage affordable housing provision should be created in the 
town. Findings establish that high cost of acquiring land (RII = 4.22) is the most important challenge of 
housing delivery while the least challenging factors affecting housing delivery is lack of critical 
infrastructures in urban and rural areas of the state (RII = 2.15).