n IFE PsychologIA : An International Journal - The influence of house-ownership and the moderating effect of neighbourhood on life satisfaction among residents in Ibadan Metropolis, Nigeria
|Article Title||The influence of house-ownership and the moderating effect of neighbourhood on life satisfaction among residents in Ibadan Metropolis, Nigeria|
|© Publisher:||IFE Centre for Psychological Studies (ICPS)|
|Journal||IFE PsychologIA : An International Journal|
|Affiliations||1 University of Ibadan, Nigeria, 2 University of Ibadan, Nigeria and 3 University of Ibadan, Nigeria|
|Publication Date||Jan 2016|
|Pages||88 - 96|
|Keyword(s)||Enumeration areas, House-ownership, Life satisfaction and Neighbourhood effect|
Life satisfaction, recognised as one of the essential components of quality of life, is generally low in Nigeria. Most studies on life satisfaction have been concentrated on the effects of psychological factors while little attention is devoted to the importance of house ownership and neighbourhood effect. This study, therefore, investigated the influence of house-ownership and the moderating effect of neighbourhood on life satisfaction among residents in Ibadan metropolis. A total of 1100 household heads were randomly sampled. A structured questionnaire focusing on socio-demographic profile and life satisfaction scale (r=0.74), was administered to participants. Data were analysed using descriptive statistics and analysis of variance at 0.05 level of significance. House-ownership did not independently improve life satisfaction. Neighbourhood significantly moderated the effect of house-ownership on life satisfaction (F(2,926)=2.94). House-ownership was not crucial but neighbourhood was essential in improving life satisfaction. Emphasis should be placed on neighbourhood effect in improving life satisfaction.
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