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The Impact of Slum on Value of Residential Properties in Cross River Nigeria

By Oforka Franklin Chidera

Summary

This project treats about the effect of slum on value of residential properties in cross rivers.A slum is a heavily populated urban informal settlement characterized by substandard housing and squalor. While slums differ in size and other characteristics, most lack reliable sanitation services, supply of clean water, reliable electricity, law enforcement and other basic services. Slum residences vary from shanty houses to professionally built dwellings that because of poor-quality construction or provision of services have deteriorated into slums.Slums form and grow in many different parts of the world for many different reasons. Some causes include rapid rural-to-urban migration, economic stagnation and depression, high unemployment, poverty, informal economy, poor planning, politics, natural disasters and social conflicts. Strategies tried to reduce and transform slums in different countries, with varying degrees of success, include a combination of slum removal, slum relocation, slum upgrading, urban planning with citywide infrastructure development, and public housing.we have so many causes that create and expand slums

Rural–urban migration.
Urbanization.
Poor house planning.
Colonialism and segregation.
Poor infrastructure, social exclusion and economic stagnation.
Informal economy.
Poverty.
Politics.
Another reason slums develop is bad governance. ... They believe that if they provide urban services to the poor, it will attract urbanisation and cause the slums to grow. The problem with this view is that very few people come to the city for water or services—they come looking for work.
This project treats about the effect of slum on value of residential properties in cross rivers.This project treats about the effect of slum on value of residential properties in cross rivers.A slum is a heavily populated urban informal settlement characterized
The Impact of Slum on Value of Residential Properties in Cross River Nigeria
 
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Uploaded by: Oforka Franklin Chidera

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