Argumentative Review

Housing is one of the crucial challenges in the country. Decent housing is not even easy
to find, that even housing alternatives that are also limited. This problem does not only affect
poor households, but even other social economic status also finds it hard to secure a decent
home. The socio-economic status of a household contributed a notable role in determining a
household level of living standard. A Households socio-economic status describes the social
standing in the society that is often measured in income, occupation, and education (Mehdi et al,
2009) moreover, the differences discovered between rural and urban family with economic status
classification by identifying it through expenditure and asset indices (Chuma, 2009) Each
society has an identity that is formed by the people’s cultural ideals (Adedayo,2010) Research
conducted in Ibadan says that Socio-economic factors contributed a large influence on the social
status of consumer and exert influence on consumers demand on residential neighborhood.
Concluding that the demand for residential neighborhood in Ibadan has possibilities to be
explained by the socio-economic status. (Akinyode, 2015) People in New York that are
classified as poor are living disproportionately in the central cities just because of their socio-
economic status (Glaeser, Kahn, & Rappaport, 2008). Ndubueze (2009) asserted that by the
process of filtering, it creates another market solution when it comes to gradual releasing of
sufficient housing for low-income households by the move of the more affluence household
when they vacate for better ones. Residents' perspectives should be considered when making
decisions about their living environment, as they are best suited to determining their own needs.
In the light of this, Martinez et al (2007) argued that resident’s must not only be part of it but also
be the center of it in terms of shoeing level of control in decision-making. A market that responds
to the housing needs of the different social classes and including the in the process of decision
making through providing more decent and costly housing, there could be changes in the whole
social economic classes’ households moving and accelerating into a more decent housing.
However, it is dependent on the housing affordability.

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