000			01893cas a22002295a 4500
001			L159525
008			070809c2008 xxkgr p 0 a0eng u
035			_a(Sirsi) u159525
041	0		_aeng
100	1		_aBello, M. O.
245	0	0	_aWillingness to pay for better environmental services _bevidence from the Nigerian real estate market
260			_aLondon _bRICS _c2008
490			_aJournal of African Real Estate Research _v1(1) January 2008
520			_aReal estate as a multi-dimensional package of goods and services extends beyond shelter. It includes environmental amenities such as waste disposal, water and electricity supplies, neighbourhood roads and other locational services. Consequently, real estate values are readily influenced by residents' willingness to pay for both the structural characteristics of the shelter as well as neighbourhood characteristics where the real estate is located. This study used a two-stage hedonic model to examine the willingness to pay for better environmental services by residents of two neighbourhoods in Akure, Nigeria. The study has identified households' income, distance away from waste dump site and regularity of electricity supply as the major significant factors that influence the households' willingness to pay for better environmental services. In this respect, the study has recommended the economic empowerment of the people, diligent consideration in the location of waste dump sites and the adoption of some form of Public-Private Initiative in the provision of public infrastructure.
651		4	_aNigeria
690			_aPROPERTY
700	1		_aBello, V. A.
710	2		_aAfrican Real Estate Society _96185
710			_aRoyal Institution of Chartered Surveyors _94900
856	4	1	_uhttps://www.rics.org/Global/Downloads/WillingnessPayBetterEnvironmentalServices2008.pdf _zView this article at www.rics.org
942			_n0
999			_c84872 _d84872