Factors Influencing Access to Private Homeownership in Bahir Dar city, Amhara Region: The Case of Middle-and Low-income workers
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Date
2010-06
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Addis Ababa University
Abstract
The study aimed at identifying factors influencing access to homeownership particularly
among middle- and low- income employees of Bahir Dar.
The study employed the survey method, interview, FGD and physical observation to
achieve the objective. The survey questionnaire included both open-ended and closeended
types. The analysis was done by using frequency, percentage, Pearson correlation
analysis and stepwise multiple regression analysis in order to measure and describe the
relationship between dependant variable and explanatory variables.
The multiple regression analysis shows that, the independent variables are affecting
tenure structure at the extent of 0.783. Moreover, it also shows that the leading variables
that influence access to homeownership among middle- and low- income employees of
the city are age and saving. The qualitative analysis of the study reveals that institutional
shortcomings surrounding the land delivery process are the major problems that influence
access to homeownership. Hence, the municipality should periodically evaluate the
overall capacity and process of the land delivery system. Furthermore, short term and
long term training should be given to the officials in order to make the land delivery
system more effective. Lack of access to credit facilities has been one of the major
problems constraining access to homeownership. Therefore, different financial
institutions should provide long term housing loan with appropriate criteria and low or
reasonable interest rate. Middle-and low-income employees should also improve the
habit of saving by using formal and informal methods like equb. Moreover, it is better for
the municipality to improve low-cost housing projects in order make low- and middleincome employees homeowners.
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Geography and Environmental Studies