Assessment of Condominium Houses Affordability

Table of Contents

• CHAPTER ONE: INTRODUCTION
• 1.1. Background of The Study
• 1.2. Statement of The Problem
• 1.3. Research Questions of The Study
• 1.4. Objectives of the Study
• 1.4.1. General Objective
• 1.4.2. Specific Objectives
• 1.5. Scope/Delimitation of The Study
• 1.6. Significance of The Study
• 1.7. Limitation of The Study
• 1.8. Organization of The Study
• 1.9. Definition of Important Terms
• CHAPTER TWO: REVIEW OF RELATED LITERATURE
• 2.1. Introduction
• 2.1.1. Housing Concept and Definition
• 2.1.2. Urban Housing Supply in the Developing world
• 2.1.3. Urban Housing Supply for Low income Groups
• 2.1.4. Urbanization and urban housing in Ethiopia
• 2.1.5. Housing Affordability
• 2.1.6. Urban Housing Policies in Ethiopia
• 2.1.6.1. Housing Policies implemented in Pre 1991
• 2.1.6.2. Housing Policies implemented in Post 1991
• 2.1.7. Integrated Housing Development Program in Addis Ababa
• 2.1.8. Challenges of Condominium Houses
• 2.2. Empirical Literature Review
• 2.2.1. The Housing Problem in Addis Ababa
• 2.2.2. Urban Housing Problems and Their Root Causes
• CHAPTER THREE: METHODOLOGY
• 3.1. Descriptions of the Study Area
• 3.2. Gelan project site
• 3.3. Study Design
• 3.4. Data sources and Collection Method
• 3.5. Sampling Frame and Method
• 3.6. Sample Size Determination
• 3.7. Data Analysis and Interpretation Method
• CHAPTER FOUR: DATA PRESENTATION, ANALYSIS AND INTERPRETATION
• 4.1. Background Information of The Households
• 4.1.1. Demographic characteristics of the Households
• 4.2. Assessing the Affordability of Condominium Houses
• 4.2.1. Monthly Income of the households
• 4.2.2. Employment Status of the households
• 4.2.3. Monthly Expenditure of The Respondents
• 4.2.4. Monthly saving of the households
• 4.2.5. Mode of Owning the House and Payment Modality of Winners
• 4.2.6. Payment capacity of the respondents
• 4.2.7. Source of Finance of respondents for the Down Payment
• 4.2.8. Affordability of housing cost
• 4.2.9. Perception of respondents on external factors
• 4.3. Reasons for not Taking Loan from Banks by the Winners
• 4.4. Different opinion toward the affordability of condominium house

Objectives and Key Themes

This thesis assesses the affordability of condominium houses in the Akaki Kality Sub-City Administration, focusing on the Gelan Condominium site. The study aims to understand the factors influencing affordability from the perspective of residents. This includes investigating income levels, expenditure patterns, and access to financing.

• Affordability of Condominium Housing
• Income and Expenditure Patterns of Residents
• Access to Financing for Housing Purchases
• Demographic Characteristics and Housing Affordability
• Impact of External Factors on Housing Affordability

Chapter Summaries

CHAPTER ONE: INTRODUCTION: This introductory chapter sets the stage for the research by providing background information on the study, outlining the problem of condominium housing affordability in the study area, formulating research questions and objectives, defining the scope and limitations of the study, and highlighting the significance of the research. It also introduces key terms and provides a roadmap for the subsequent chapters.

CHAPTER TWO: REVIEW OF RELATED LITERATURE: This chapter reviews existing literature on housing, focusing specifically on urban housing supply in developing countries, with particular attention paid to low-income groups. It explores housing affordability, examining various urban housing policies in Ethiopia, both pre- and post-1991, and includes an analysis of the Integrated Housing Development Program in Addis Ababa. The chapter also highlights challenges associated with condominium housing and discusses the housing problem in Addis Ababa, investigating its root causes. It sets the theoretical context for the research by examining concepts of housing affordability and relevant policy frameworks.

CHAPTER THREE: METHODOLOGY: This chapter details the research methodology employed. It describes the study area, specifically the Gelan condominium site, and outlines the study design, data sources, and collection methods. The chapter further explains the sampling frame, sample size determination, and data analysis and interpretation techniques. It lays out the methodological framework that guided data collection and analysis in the study.

CHAPTER FOUR: DATA PRESENTATION, ANALYSIS AND INTERPRETATION: This chapter presents and analyzes the data collected on the affordability of condominium houses. It provides background information on the households surveyed, examines their demographic characteristics, and analyzes their monthly income, employment status, expenditure, and savings. The chapter also delves into the mode of house ownership, payment modalities, and sources of finance for down payments. It further explores respondents' perceptions of external factors affecting affordability and the reasons behind their choices regarding bank loans. This chapter forms the core of the research, presenting the empirical findings that address the study's research questions.

Keywords

Condominium housing, affordability, Addis Ababa, Ethiopia, housing policy, low-income households, income, expenditure, access to finance, urban housing, housing affordability analysis.

Frequently Asked Questions: Affordability of Condominium Houses in Addis Ababa

What is the main topic of this document?

This document provides a comprehensive preview of a thesis assessing the affordability of condominium houses in the Akaki Kality Sub-City Administration of Addis Ababa, Ethiopia, specifically focusing on the Gelan Condominium site. It includes the table of contents, objectives and key themes, chapter summaries, and keywords.

What are the key research questions addressed in the thesis?

The central research question revolves around the affordability of condominium houses for residents in the study area. Subsequent questions explore factors influencing affordability, such as income levels, expenditure patterns, and access to financing, as well as the impact of demographic characteristics and external factors.

What methodology is used in the research?

The research employs a mixed-methods approach. The methodology chapter details the study design, data sources (including both primary and potentially secondary data), data collection methods (e.g., surveys), sampling techniques, sample size determination, and data analysis methods used to interpret the findings related to condominium housing affordability.

What are the key themes explored in the thesis?

Key themes include the affordability of condominium housing, income and expenditure patterns of residents, access to financing for housing purchases, demographic characteristics and their relationship to housing affordability, and the impact of external factors (e.g., economic conditions, government policies) on housing affordability.

What are the main chapters and their respective focuses?

Chapter One (Introduction): Sets the context, defines the research problem, outlines objectives, scope, limitations, and key terms. Chapter Two (Literature Review): Reviews existing literature on housing affordability, focusing on urban housing in developing countries, Ethiopian housing policies, and the challenges of condominium housing. Chapter Three (Methodology): Describes the research design, data collection, and analysis methods. Chapter Four (Data Presentation, Analysis, and Interpretation): Presents and analyzes data on household income, expenditure, access to finance, and perceptions of affordability.

What data is analyzed in the thesis?

The thesis analyzes data on household demographics, income, expenditure, savings, employment status, sources of finance for down payments, payment modalities, and perceptions of external factors influencing housing affordability. This data is collected from residents of the Gelan Condominium site.

What is the geographical focus of the study?

The study focuses on the Gelan Condominium site within the Akaki Kality Sub-City Administration in Addis Ababa, Ethiopia.

What are the key findings (as previewed in the document)?

The document only provides a preview and doesn't present specific findings. The actual findings regarding affordability, the impact of income and expenditure, access to finance, and other factors are presented and analyzed in Chapter Four of the complete thesis.

Who is the target audience for this thesis?

The target audience likely includes academics, researchers, policymakers, and organizations involved in urban planning, housing development, and social welfare in Ethiopia and other developing countries facing similar challenges.

What are the keywords associated with this research?

Keywords include: Condominium housing, affordability, Addis Ababa, Ethiopia, housing policy, low-income households, income, expenditure, access to finance, urban housing, housing affordability analysis.