FINANCING OF REAL ESTATE IN NIGERIA (A CASE STUDY OF EBEANO HOUSING ESTATE ENUGU). A RESEARCH PROJECT MATERIAL ON BUSINESS ADMINISTRATION
ABSTRACT
For sometimes now, it has been observed that some people dwell in tents while others live in thatched mud houses, some yet live in dilapidated concrete buildings while other chose to live in tenements, bungalows, flats and messiness of varied structural strength and aesthetics.
Also, the size of these structures and their construction materials vary greatly and site differences exist. As a result of these observations, the study was on the housing problems and why these discrepancies exist. The title of the research therefore is “financing of real estate in a democratic society’.
Considering the place of shelter in the life of many provision of housing is supposed to be adequate and supply man’s tastes and descries, bat these days, a lot of uncompleted buildings exist in our village and towns and people live in any available accommodation because they do not have the finance to complete the buildings and live in accommodations of their choice.
CHAPTER ONE
INTRODUCTION
PURPOSE OF THE STUDY
Housing is generally accepted to be the third major necessity of life after food and clothing and as such is under immense need and demand by both the poor and the rich unfortunately, this need and demand has not been met by the rate of construction studies in real estate are deep and wide few people have been sufficiently familiar with the specialist knowledge required for an adequate treatment of studies in real estate and of those who have been equipped to undertake a defiled study in it fewer still have wished to concentrate their talents on the financing of real estate in Nigeria.
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