@article{Emoh_Adjekophori_2022, title={An Evaluation of the factors affecting land market development in Asaba, Nigeria}, volume={11}, url={https://journals.unam.edu.na/index.php/JSHSS/article/view/1766}, abstractNote={<p><span id="page104R_mcid1083" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*136.70px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.990997);" role="presentation">Bearing in mind that the land market is crucial to urban housing development and </span></span><span id="page104R_mcid1084" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*151.10px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.952713);" role="presentation">that several factors influence urban land market operations, this study examined and </span></span><span id="page104R_mcid1085" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*165.50px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.962234);" role="presentation">prioritised the factors affecting effective land market development in Asaba, Nigeria. </span></span><span id="page104R_mcid1086" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*179.90px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.958402);" role="presentation">Using a purposive sampling technique, the study gathered relevant data through the </span></span><span id="page104R_mcid1087" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*194.30px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(1.0146);" role="presentation">administration of a structured questionnaire to 277 respondents comprising 101 </span></span><span id="page104R_mcid1088" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*208.70px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.895433);" role="presentation">practising estate surveyors and valuers, and 176 registered estate agents/private property </span></span><span id="page104R_mcid1089" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*223.10px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.894163);" role="presentation">developers. Data were analysed using descriptive statistics, while the Relative Importance </span></span><span id="page104R_mcid1090" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*237.50px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.919822);" role="presentation">Index ranking and factor analysis were employed in the analysis. Findings revealed that </span></span><span id="page104R_mcid1091" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*251.90px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.926979);" role="presentation">location/accessibility, availability of land for development, and security of land title were </span></span><span id="page104R_mcid1092" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*266.30px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.947186);" role="presentation">the three most important factors driving the Asaba land market. Further analysis after </span></span><span id="page104R_mcid1093" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*280.70px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.945724);" role="presentation">factorisation revealed that nine (9) factors (administrative, technical, negative market, </span></span><span id="page104R_mcid1094" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*295.10px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.928293);" role="presentation">financial, legal, positive market, accessibility, and urban) were responsible for 60.597% </span></span><span id="page104R_mcid1095" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*309.50px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.89963);" role="presentation">influence on the market effectiveness. Estate surveyors and landowners were found to be </span></span><span id="page104R_mcid1096" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*323.90px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.921197);" role="presentation">indispensable participants in the market. The study therefore recommends an improved </span></span><span id="page104R_mcid1097" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*338.30px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.961319);" role="presentation">city hub and road network, use of professionals in market transactions, regulation of </span></span><span id="page104R_mcid1098" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*352.70px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.983457);" role="presentation">the activities of land racketeering, application of the rental and fair market value of </span></span><span id="page104R_mcid1099" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*367.10px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.961297);" role="presentation">properties, training and regulation of quarks activities, and improved consultancy for </span></span><span id="page104R_mcid1100" class="markedContent"><span dir="ltr" style="left: calc(var(--scale-factor)*36.00px); top: calc(var(--scale-factor)*381.50px); font-size: calc(var(--scale-factor)*12.00px); font-family: sans-serif; transform: scaleX(0.921576);" role="presentation">effective land market development.</span></span></p>}, number={1&2}, journal={Journal for Studies in Humanities and Social Sciences}, author={Emoh, Fidelis I. and Adjekophori, Bernard}, year={2022}, month={Dec.}, pages={33–47} }