Impact of Housing Policies in Achieving Economic Growth and Sustainable Development Goals in Rivers State
Abstract
This study examined the impact of housing policies on achieving economic growth and sustainable development goals in Rivers State, Nigeria. Housing policies including social housing, housing infrastructure, and rental housing are critical instruments for promoting equitable access to shelter, stimulating economic activities, and fostering sustainable urban development. The study adopted a descriptive survey research design, targeting 120 Architecture and Urban/Regional Planning lecturers from tertiary institutions, selected through purposive sampling due to their expertise in housing and urban development. Data were collected using a structured questionnaire and analyzed with mean, standard deviation, and t-test statistics at a 0.05 significance level. The findings revealed that social housing policies significantly enhance workforce stability, reduce poverty, promote social inclusion, stimulate employment in the construction sector, and improve living standards, with respondents showing high levels of agreement. Housing infrastructure policies were found to improve accessibility, environmental sustainability, public health, property values, and human capital development, thereby contributing to urban growth and national development objectives. Similarly, rental housing policies, including market regulation, tenant protection, and affordable rental schemes, were perceived as essential for labor mobility, investment attraction, urban accommodation, and economic expansion. The t-test results indicated no significant differences between Architecture and Urban/Regional Planning lecturers’ perceptions, reflecting a shared professional consensus on the positive impact of housing policies. The study concludes that effective implementation of housing policies is a critical driver of economic growth, sustainable urbanization, and national development.
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