AN ECONOMIC ANALYSIS OF RENT EFFECTS ON RESIDENT’S SATISFACTION IN ABUBAKAR TAFAWA BALEWA UNIVERSITY STAFF HOUSING BAUCHI

Abstract

This study explores the connection between rental cost and residential satisfaction in university staff housing. It reveals no significant relationship between the two variables, indicating that as rent decreases it has no effect on residential satisfaction. The findings suggest that employers should consider housing costs when deciding on facility locations. Furthermore, they should prioritize housing quality and amenities when providing accommodation to their employees. By considering these factors, employers can enhance residential satisfaction, attract top-tier employees, and improve retention rates. The study involved a survey of 86 university staff members residing in employer-provided staff housing. Respondents were asked about their housing satisfaction and rent burden. Surprisingly, the results showed no significant relationship between rent burden and residential satisfaction. These findings align with previous studies on resident satisfaction. The implications of this study for employers providing housing are noteworthy. It suggests that reducing rent burden should not be the sole focus to enhance residential satisfaction. Instead, employers should concentrate on other influential factors like housing quality, location, and available amenities. The study utilized a quantitative approach with a survey design. The sample population consisted of family heads residing in Abubakar Tafawa Balewa University staff quarters at Yelwa and Kari, with 115 housing units representing the population. A sample size of 86 was chosen using a simple random sampling technique to ensure representativeness. Data collection involved structured questionnaires with closed-ended questions to promote consistency in responses. The collected data were analyzed using PLS-SEM multiple regression to evaluate causal relationships among the factors. Overall, the study's results indicate no significant relationship between rent burden and residential satisfaction, emphasizing the importance of considering other factors. Employers should prioritize housing quality, location, and amenities to enhance residential satisfaction among their employees.