Determining Residential Location Choice along the Coastline in Victoria Island, Nigeria Using a Factor Analytical Approach

This paper evaluates how households consider environmental attributes alongside other housing in their residential location decisions along the coastline Victoria Island, Nigeria. The data were obtained from tenants’ revealed preference surveys where 204 respondents rated 15 identified and most common key factors order by which they influence choices. factor analytical approach was then applied to understand these such decisions. Thus, this study also gives bearing considered making policy and/or investment around choice (RLC). results presence of four components with a total variance 70.76%. Among components, neighbourhood, critical dwelling cum socio-economic are found have significant explaining 39.78% variation influencing area’s selection as (RLC) for households. findings implications households’ For locations be equally attractive tenants, policymakers urban planners should pay attention addressing menace neighbourhoods including crime traffic congestion. Moreover, property owners respond needs paying provision utility facilities portable water an appropriate mix toilet/bathrooms available bedrooms.