Neighborhood Security and Housing Price in Amuwo-Odofin Local Government Area of Lagos State

Olalekan Dimeji Bamiteko; Oyeyemi Omodadepo Adebiyi

doi:doi:10.11648/j.jbed.20200504.13

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Neighborhood Security and Housing Price in Amuwo-Odofin Local Government Area of Lagos State

Olalekan Dimeji Bamiteko, Oyeyemi Omodadepo Adebiyi

Published in Journal of Business and Economic Development (Volume 5, Issue 4)

Received: 7 October 2020 Accepted: 30 October 2020 Published: 9 November 2020

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Abstract

This research work identified the neighborhood security measures in Amuwo-Odofin Local Government Area (LGA). It also examined the relationship between neighborhood security measures and housing price in the LGA. The study employed primary data and surveyed 140 residents of the LGA through multistage sampling technique. Tables and Pearson’s Correlation Coefficient (PPC) were used to analyze the data. The result showed that theft constitute the modal class of crime, followed by; breaking into homes, violence and robbery. Also, the used of burglary proofs, special doors and windows in houses, OPC and vigilantes have been identified to be the neighborhood security measures put in place in the LGA. From the Pearson Correlation Coefficient, houses with gatemen commands a highest price (PCC=0.71). While houses that are closer to the police station/security outfit (PCC=0.61) and houses with street’s local security or vigilante (PCC=0.56) has higher prices. Crime rate has a negative relationship with housing price. The study concluded that the community of Amuwo-Odofin LGA put neighborhood security measures in place and these security measures have a positive relationship on price of housing in the LGA.

Published in	Journal of Business and Economic Development (Volume 5, Issue 4)
DOI	10.11648/j.jbed.20200504.13
Page(s)	214-218
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

Housing, Types of Crime, Neighborhood Security Measures, Housing price and Amuwo-Odofin

References

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APA Style

Olalekan Dimeji Bamiteko, Oyeyemi Omodadepo Adebiyi. (2020). Neighborhood Security and Housing Price in Amuwo-Odofin Local Government Area of Lagos State. Journal of Business and Economic Development, 5(4), 214-218. https://doi.org/10.11648/j.jbed.20200504.13

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ACS Style

Olalekan Dimeji Bamiteko; Oyeyemi Omodadepo Adebiyi. Neighborhood Security and Housing Price in Amuwo-Odofin Local Government Area of Lagos State. J. Bus. Econ. Dev. 2020, 5(4), 214-218. doi: 10.11648/j.jbed.20200504.13

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AMA Style

Olalekan Dimeji Bamiteko, Oyeyemi Omodadepo Adebiyi. Neighborhood Security and Housing Price in Amuwo-Odofin Local Government Area of Lagos State. J Bus Econ Dev. 2020;5(4):214-218. doi: 10.11648/j.jbed.20200504.13

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@article{10.11648/j.jbed.20200504.13,
  author = {Olalekan Dimeji Bamiteko and Oyeyemi Omodadepo Adebiyi},
  title = {Neighborhood Security and Housing Price in Amuwo-Odofin Local Government Area of Lagos State},
  journal = {Journal of Business and Economic Development},
  volume = {5},
  number = {4},
  pages = {214-218},
  doi = {10.11648/j.jbed.20200504.13},
  url = {https://doi.org/10.11648/j.jbed.20200504.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jbed.20200504.13},
  abstract = {This research work identified the neighborhood security measures in Amuwo-Odofin Local Government Area (LGA). It also examined the relationship between neighborhood security measures and housing price in the LGA. The study employed primary data and surveyed 140 residents of the LGA through multistage sampling technique. Tables and Pearson’s Correlation Coefficient (PPC) were used to analyze the data. The result showed that theft constitute the modal class of crime, followed by; breaking into homes, violence and robbery. Also, the used of burglary proofs, special doors and windows in houses, OPC and vigilantes have been identified to be the neighborhood security measures put in place in the LGA. From the Pearson Correlation Coefficient, houses with gatemen commands a highest price (PCC=0.71). While houses that are closer to the police station/security outfit (PCC=0.61) and houses with street’s local security or vigilante (PCC=0.56) has higher prices. Crime rate has a negative relationship with housing price. The study concluded that the community of Amuwo-Odofin LGA put neighborhood security measures in place and these security measures have a positive relationship on price of housing in the LGA.},
 year = {2020}
}

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TY - JOUR
T1 - Neighborhood Security and Housing Price in Amuwo-Odofin Local Government Area of Lagos State
AU - Olalekan Dimeji Bamiteko
AU - Oyeyemi Omodadepo Adebiyi
Y1 - 2020/11/09
PY - 2020
N1 - https://doi.org/10.11648/j.jbed.20200504.13
DO - 10.11648/j.jbed.20200504.13
T2 - Journal of Business and Economic Development
JF - Journal of Business and Economic Development
JO - Journal of Business and Economic Development
SP - 214
EP - 218
PB - Science Publishing Group
SN - 2637-3874
UR - https://doi.org/10.11648/j.jbed.20200504.13
AB - This research work identified the neighborhood security measures in Amuwo-Odofin Local Government Area (LGA). It also examined the relationship between neighborhood security measures and housing price in the LGA. The study employed primary data and surveyed 140 residents of the LGA through multistage sampling technique. Tables and Pearson’s Correlation Coefficient (PPC) were used to analyze the data. The result showed that theft constitute the modal class of crime, followed by; breaking into homes, violence and robbery. Also, the used of burglary proofs, special doors and windows in houses, OPC and vigilantes have been identified to be the neighborhood security measures put in place in the LGA. From the Pearson Correlation Coefficient, houses with gatemen commands a highest price (PCC=0.71). While houses that are closer to the police station/security outfit (PCC=0.61) and houses with street’s local security or vigilante (PCC=0.56) has higher prices. Crime rate has a negative relationship with housing price. The study concluded that the community of Amuwo-Odofin LGA put neighborhood security measures in place and these security measures have a positive relationship on price of housing in the LGA.
VL - 5
IS - 4
ER -

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Author Information

Olalekan Dimeji Bamiteko

Department of Economics, Faculty of Social Sciences, University of Lagos, Akoka, Nigeria
Oyeyemi Omodadepo Adebiyi

Department of Economics, Faculty of Social Sciences, University of Lagos, Akoka, Nigeria

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APA Style

Olalekan Dimeji Bamiteko, Oyeyemi Omodadepo Adebiyi. (2020). Neighborhood Security and Housing Price in Amuwo-Odofin Local Government Area of Lagos State. Journal of Business and Economic Development, 5(4), 214-218. https://doi.org/10.11648/j.jbed.20200504.13

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ACS Style

Olalekan Dimeji Bamiteko; Oyeyemi Omodadepo Adebiyi. Neighborhood Security and Housing Price in Amuwo-Odofin Local Government Area of Lagos State. J. Bus. Econ. Dev. 2020, 5(4), 214-218. doi: 10.11648/j.jbed.20200504.13

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AMA Style

Olalekan Dimeji Bamiteko, Oyeyemi Omodadepo Adebiyi. Neighborhood Security and Housing Price in Amuwo-Odofin Local Government Area of Lagos State. J Bus Econ Dev. 2020;5(4):214-218. doi: 10.11648/j.jbed.20200504.13

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@article{10.11648/j.jbed.20200504.13,
  author = {Olalekan Dimeji Bamiteko and Oyeyemi Omodadepo Adebiyi},
  title = {Neighborhood Security and Housing Price in Amuwo-Odofin Local Government Area of Lagos State},
  journal = {Journal of Business and Economic Development},
  volume = {5},
  number = {4},
  pages = {214-218},
  doi = {10.11648/j.jbed.20200504.13},
  url = {https://doi.org/10.11648/j.jbed.20200504.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jbed.20200504.13},
  abstract = {This research work identified the neighborhood security measures in Amuwo-Odofin Local Government Area (LGA). It also examined the relationship between neighborhood security measures and housing price in the LGA. The study employed primary data and surveyed 140 residents of the LGA through multistage sampling technique. Tables and Pearson’s Correlation Coefficient (PPC) were used to analyze the data. The result showed that theft constitute the modal class of crime, followed by; breaking into homes, violence and robbery. Also, the used of burglary proofs, special doors and windows in houses, OPC and vigilantes have been identified to be the neighborhood security measures put in place in the LGA. From the Pearson Correlation Coefficient, houses with gatemen commands a highest price (PCC=0.71). While houses that are closer to the police station/security outfit (PCC=0.61) and houses with street’s local security or vigilante (PCC=0.56) has higher prices. Crime rate has a negative relationship with housing price. The study concluded that the community of Amuwo-Odofin LGA put neighborhood security measures in place and these security measures have a positive relationship on price of housing in the LGA.},
 year = {2020}
}

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