A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
ASSESSMENT OF AFFORDABILITY OF CONDOMINIUM HOUSES
Urbanization and population growth in Addis Ababa increase the demand for adequate and affordable houses in large number. So the government of Ethiopia has put a lot of effort to alleviate the housing problem of the towns and upgrading the slum areas of the cities with a program of IHDP. The purpose of this study is assessing the condominium houses, which constructed by Addis Ababa housing construction project office, are how affordable to low and middle income households. The study used descriptive research design and the data generated to meet these objectives were collected via household survey, in-depth interviews, and by reviewing different secondary data are described in simple quantitative technique, like percentage, tables, graphs different pictures. Simple random sampling technique is used to determine the sample size. Based on analysis the study found that contrary to the main goal of the project office; the condominium houses are not affordable to low and middle income households as stated on the vision of the project office. The total cost, the advance payment, monthly principal and interests and additional finishing and repairing costs are too costly relative to the income of the target class, the quality of the condominium houses and its remoteness made the condominium house inconvenient to target class.
ASSESSMENT OF AFFORDABILITY OF CONDOMINIUM HOUSES
Urbanization and population growth in Addis Ababa increase the demand for adequate and affordable houses in large number. So the government of Ethiopia has put a lot of effort to alleviate the housing problem of the towns and upgrading the slum areas of the cities with a program of IHDP. The purpose of this study is assessing the condominium houses, which constructed by Addis Ababa housing construction project office, are how affordable to low and middle income households. The study used descriptive research design and the data generated to meet these objectives were collected via household survey, in-depth interviews, and by reviewing different secondary data are described in simple quantitative technique, like percentage, tables, graphs different pictures. Simple random sampling technique is used to determine the sample size. Based on analysis the study found that contrary to the main goal of the project office; the condominium houses are not affordable to low and middle income households as stated on the vision of the project office. The total cost, the advance payment, monthly principal and interests and additional finishing and repairing costs are too costly relative to the income of the target class, the quality of the condominium houses and its remoteness made the condominium house inconvenient to target class.
ASSESSMENT OF AFFORDABILITY OF CONDOMINIUM HOUSES
ENDALE MEKONNEN (author) / Dr. Dugassa Mulugeta (author)
2017-01-01
doi:10.20372/nadre:1548576654.14
Theses
Electronic Resource
English
DDC:
720
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