Analysis of land speculation in the urban fringe of Lagos, Nigeria

Thontteh, Esther Oromidayo; Babarinde, Jacob Adejare

doi:10.1080/14445921.2018.1461770

Cited by 6 publications

(4 citation statements)

References 37 publications

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“…Land speculation is one of the causes of land loss. This practice exists in Nigeria where, in the urban suburbs of Lagos, more than 80% of the respondents asserted the prevalence of informal tenure rights on the margins, which would also be a major cause of excessive acquisition of land [53].…”

Section: Causes Of the Loss Of Agricultural Land In Sebougou Facing The Urbanization Of Ségoumentioning

confidence: 99%

Impact of Agricultural Land Loss on Rural Livelihoods in Peri-Urban Areas: Empirical Evidence from Sebougou, Mali

Coulibaly

2020

Land

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This study was part of a larger analysis of the framework of sustainable rural livelihoods in the face of urban sprawl in peri-urban rural areas of Mali. Contrary to the existing literature, which has mostly focused on issues of land rights in Mali due to the fact of urbanization, this study analyzed the consequences of urbanization in the city of Ségou on the major sources of livelihoods for residents in the neighboring rural municipality of Sebougou. Three villages in the municipality of Sebougou were selected due to the fact of their proximity to the city of Ségou. We interviewed 120 randomly sampled family heads using a structured questionnaire. The respondents were owners of farmlands or people who had lost their land as a result of urbanization. We analyzed the data using multi-linear and logistic regression models. The results showed that age, occupation, land size, and level of education had significant positive impacts on the farmers’ annual family income, while family size and gender exerted negative effects. Low-yield lands and youth emigration increased the likelihood of farmers losing their lands to urbanization. Conversely, land size, yearly income, and age had negative predictive effects on agrarian land loss. The results highlight the need for land management authorities to implement policies to protect agricultural land.

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Section: Causes Of the Loss Of Agricultural Land In Sebougou Facing The Urbanization Of Ségoumentioning

confidence: 99%

Impact of Agricultural Land Loss on Rural Livelihoods in Peri-Urban Areas: Empirical Evidence from Sebougou, Mali

Coulibaly

2020

Land

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“…Unfortunately, some individuals lack the financial means to participate in land acquisition or navigate allocation methods, placing them at a distinct disadvantage. Prior studies have highlighted how speculators, capitalizing on the lease system, amass fortunes and subsequently outbid lower-income groups in land lease auctions [3,13,52] . This unfair advantage enables speculators to engage in unlimited lease bids, effectively excluding marginalized groups from land acquisition opportunities.…”

Section: Discussionmentioning

confidence: 99%

Unveiling and speculators in Addis Ababa: Insights, recommendations, and economic implications for sustainable development

Gemeda,

Cirella,

Abebe

et al. 2024

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<p>Land speculation poses a significant challenge in Ethiopia, particularly in urban and peri-urban areas where large acquisitions and land scarcity prevail. This study aims to discern land speculators in Addis Ababa by employing the motivation and scale method to optimize societal benefits. Employing a multi-sourced data approach and triangulation techniques, this research enhances data reliability. Primary data sourced from interviews, focus groups, and field surveys, supplemented by secondary data from various literature, spanning October 2021 to January 2023, forms the basis of the analysis. Results indicate that affluent individuals, brokers, bankers, and local government officials dominate land speculation activities in both urban core and periphery areas of Addis Ababa, perpetuating the unfair exclusion of lower-income groups from land ownership. To address this issue, three key recommendations are proposed: implementing a one-person, one-plot statute, imposing high property value taxes, and enforcing temporal restrictions on land development. Additionally, exploring the economic and business ramifications of these recommendations on investment patterns and market dynamics is crucial for ensuring their sustained effectiveness in fostering sustainable development.</p>

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“…Land speculation is defined as land acquisition without actual development. It is holding land primarily to meet future demand and not present needs (Thontteh and Babarinde, 2018). Lowe (1975) defines land speculation as buying and selling that relies on anticipated price increases rather than the quality, JERER 16,1 usefulness or earnings of an asset.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Lowe (1975) defines land speculation as buying and selling that relies on anticipated price increases rather than the quality, JERER 16,1 usefulness or earnings of an asset. It is a common phenomenon in many regions and countries (Hoyt and Millis, 2000;Thontteh and Babarinde, 2018).…”

Section: Literature Reviewmentioning

confidence: 99%

Institutional factors and the timing of land development: a survival analysis applied to the GZM Metropolis in Poland

Reyman

Maier

2022

JERER

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PurposeThe purpose of the article is to improve the understanding of the role of institutional factors in real estate development. The authors take into account zoning (existence and type), type of right of disposal and type of buyer and seller of property in a multivariate econometric estimation. Dependent variable of the analysis is the time between acquisition of empty land and the application for a building permit, a period when many important development decisions have to be made. This indicator is closely related to debated phenomena like land hording and speculation.Design/methodology/approachThe authors estimate a Cox proportional hazard model with the time between acquisition and application for a building permit as dependent variable and institutional indicators and a number of control variables as explanatory variables. Study area is the GZM Metropolis in the South of Poland. This region shows enough variability in institutional arrangements to allow for this type of analysis.FindingsThe analysis shows that institutional factors significantly influence the real estate development process. In areas that have not issued a zoning plan, the period until the building permit application is significantly longer. When the state is involved in a transaction (as purchaser or seller), it also takes longer until the building permit application is submitted. Although the instrument is usually intended to speed up development, perpetual usufruct implies a longer period until building permit application. Because of the results the authors get for control variables and for robustness checks, the authors are confident of the results of the analysis.Originality/valueTo the authors’ knowledge, this is the first study that deals with the question how institutional factors influence the timing of real estate development. By using data for a region in Poland, the authors also add to knowledge about real estate development in CEE countries.

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Analysis of land speculation in the urban fringe of Lagos, Nigeria

Cited by 6 publications

References 37 publications

Impact of Agricultural Land Loss on Rural Livelihoods in Peri-Urban Areas: Empirical Evidence from Sebougou, Mali

Impact of Agricultural Land Loss on Rural Livelihoods in Peri-Urban Areas: Empirical Evidence from Sebougou, Mali

Unveiling and speculators in Addis Ababa: Insights, recommendations, and economic implications for sustainable development

Institutional factors and the timing of land development: a survival analysis applied to the GZM Metropolis in Poland

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