Private Sector Housing Delivery: Challenges and Prospects in Nigeria

Being an inter-reliant and intricate process that involves numerous stakeholders from many disciplines each phase of the property development process needs the influence of one or more key stakeholders. These actors include but are not limited to landowners, developers, public sector & government agencies, planners, contractors and financial institutions as a result property development could also be seen as the coordination of these processes, stakeholders and actors. Ultimately not every development is the same and therefore may need different combinations of actors and processes.

Within each service area there is a host of many options available. Specifically, under the Public and Indian Housing is the Housing Choice Voucher Program, commonly referred to as Section 8 Housing. Section 8 is the federal government's major program for access to very low-income families, the elderly, and the disabled to afford suitable, safe, and sanitary housing in the private market. Housing choice vouchers are administered by the local public housing agencies (PHAs). The

This proposed study examines the development of housing policy and right to buy from the view of government mentality of UK. This study focused on the difficulties not only to the purchaser of council house but also to those tenants who have not purchase tenancies in UK. This proposed study also discusses the role of social housing in 21st century housing policy. Aim of this study is to provide a framework to the researcher and to identify different impacts of Right to buy scheme on housing market. Among other issues, this study also discusses that council housing gives better opportunities and provide security to the tenants with 33% to 55% discount as compared to market price.

Mr. Alexander is new to the property management arena and has no experience with multi-family dwellings. Due to our clients limited capital he cannot afford to hire a property manager. Because Mr. Alexander will also be working his normal full-time job, and doing the property management as a ‘side-job’ the ability to manage multiple subcontractors will be highly inefficient and could lead to disgruntled tenants and higher vacancy rates.

An equity focused health impact assessment (EFHIA) assesses policy for potential differential effects on the health of a population and groups within that population, and determines whether these effects are inequitable. This EFHIA will examine the National Housing Affordability Agreement (NAHA), to assess the objective and effectiveness of the policy, if there have been any unanticipated impacts or groups disadvantaged, and provide recommendations for implementation. (1, 2)

Macroeconomics is an excellent tool for the analysis of the housing industry as something like a capital good, as a home is considered to be, cannot easily be studied in a short-term platform. Real estate is a good that costs several times more than an average persons annual income, in the United States that number is typically 7 times as much, and in the United Kingdom that number is 14 times as much. Several factors of both supply and demand directly impact the housing market on a macroeconomic scale. (Business Economics, 1)

Market needs: To follow the client wishes, due to the highly raising prices of real estate, we were considering building affordable housing. Also, another option is to construct offices for the city to use.

PRS can be defined as any property that is privately owned and being rented out as housing, usually by an individual landlord, but potentially by larger commercial property organizations. For the purpose of this dissertation, one of the biggest sectors of privately rented housing, owned by large companies, student housing will not be considered. The PRS is the fastest growing sector in the country and has surpassed the social housing sector (Wilson & Johnson 2013).

On Wednesday, June 14, 2017 Wellness Coach Teresa Cain met with Walter Hayslett to conduct his Service Plan Review.

LHS sets out the LA strategy, priorities and plans for delivery of affordable houses and related services (Local Housing Strategy Guidance, 2014). Additionally, LHS should be supported by an assessment of housing provision, the Housing Needs and Demand Assessment (HNDA) as well as meeting the its statutory requirement such as the Scottish Housing Quality Standards (SHQS), reduction of carbon emissions, Energy Efficiency Standard for Social Housing (EESSH), equality and homelessness among many

Housing demand includes household growth, real incomes, real wealth, tax concessions to both owner-occupied and rental housing, concessions to first homebuyers, returns on alternative investments, cost and availability of finance for housing and the institutional structure affecting housing finance provision (Yates, 2008). The growth in the number of households and in real income results in the increased pressure on housing demand.

As indicated by DoD, the nature of government quality housing has declined for over 30 years due to an absence of need. On account of worries that low quality housing could bring about administration individuals to leave the military, DoD proposed a privatization venture, for intercepting its housing issue more efficiently and effectively. The subsequent authorization approved the Military Housing Privatization Initiative, which allowed DoD to go into a private venture to manufacture and remodel military housing both on and off military installations. (G.A.O, 2013)

Multiple reasons exist for the the lack of affordable housing. On the demand side these include population growth and increased migration to urban areas, easily accessible housing finance, tax incentives and a “strong cultural preference for owner-occupied detached houses”. On the supply side, affordability problems are exacerbated by inflexible and slow responses to the need for new housing stock, lack of infrastructure and generally inefficient planning processes and development assessment by local governments.

The Housing Development Board wanted to improve its services in three major areas including the involvement of private developers, public outreach, and overall improved customer service (Jick & Peiperl, 2011). The change challenge for HDB and Tan included improvement to the overall operations of the organization including work processes and systems. “The goal of the public outreach was to gain greater public buy-in and support while improving focus groups, particularly grassroots organization” (Jick & Pieperl, 2011, p. 432). Thus, the Estate Administration and Property Department was expected to manage majority of the operations including housing policies, pricing, and sales to name a few. Challenges faced were work process and systems that needed modifications through clear operational strategies.

I shall look into details how policies in the public and private housing market and the immigration policies affects the private market, despite property prices steadily increasing, the private property market in Singapore continues to boom. There are many factors that play a role in this drastic demand for private property