Housing Affordability For Low-Income Earners In Fct Abuja, Nigeria

The paper investigates housing affordability for low-income earners in FCT Abuja, Nigeria. The objectives of the study are to the availability of sufficient affordable housing options for low-income earners in Abuja; the accessibility of affordable mortgage options for this group; the adequacy of government intervention in providing affordable housing; and the extent of financial assistance available to low-income earners seeking housing in Abuja. However, the paper used primary data analysis, and a sample size of 388 was used after using Taro Yamane's formula and Spearman's rank correlation coefficient as the estimation techniques. The findings show that without significant changes in policy, market dynamics, and government action, low-income earners in Abuja would continue to face severe impediments to accessing inexpensive, high-quality housing. This condition not only exacerbates inequality but also jeopardizes the social fabric, potentially leading to greater homelessness, overcrowding, and the spread of informal settlements. The paper concludes that the current housing scenario in Abuja is unsustainable for low-income individuals. The combination of overpriced housing options, inaccessible mortgage facilities, and insufficient government intervention and financial support forms a severe obstacle to economic mobility and social stability. If these concerns are not addressed through specific policies and actions, Abuja's housing crisis is expected to intensify, leading to even greater socioeconomic gaps. Therefore, the paper recommends that government must extend financial assistance programs for low-income people in need of housing. This could include direct housing subsidies, rent-to-own programs, and housing vouchers to help close the affordability gap