Challenges of Renting Apartments in Oyo versus Tenants’ Preference or Choice of Accommodation

Abstract

Access to decent or good apartment has become source of concern to staff of some private universities hence, the need to find out what could likely be reason why intending tenants could not get the desired apartment. The challenges to having access to desired apartment can be said to be because of certain factors. This study however looked at the challenges in renting a decent apartment in Oyo while respondent’s choice or preferences were also considered. In addition to finding out the type of readily available, the study also identified certain remedies to help in ensuring the desired apartment is available. The methodology of the study is survey approach. The findings indicated some challenges were encountered by the respondents which include;more money spent on endless search which was ranked first or highest, which was followed by the available and desired ones are too expensive which was ranked second among others. Various types of residential apartment such as single room (1 room) apartment, one room self-contained apartment, Brazillian type – wing type or the face-me-I-face-you, a room and palor self-contain 2 bedroom apartment etc. were identified. Amongst the remedies identified, it was noted that Estate Surveyors and Valuers are experts in agency should intensify effort in combating challenges faced by clients during the search for accommodation. The however noted that the findings will help both the prospecting tenants on what look out for especially when the experiences from respondents on challenges has been brought to public domain.