Abstract: The study determined the significant difference between factors on the patronage of residential and office apartment by bankers in Ekiti state. The study adopted a survey research design with well structured 5-Linkert research instrument. The population for the study was 546 employees of the 16 bank branches in Ado-Ekiti metropolis out of which 230 respondents were chosen using stratified random techniques with each bank representing a stratum. Data collected were analyzed using simple percentage statistics such as descriptive and inferential statistics while ANOVA was used to analyze the data. The result showed that location and rental value were positive and significantly determined patronage of residential and office apartment by bankers (β =4.464, p < 0.05). It was also revealed that physical infrastructure and security were significant but negatively related (β = -1.723, p < 0.05). However, the results showed that intrinsic factors (P < 0.05) had better significant values than extrinsic factors (P > 0 .05). It also revealed that explanatory variables of intrinsic factors had more capacity to predict better patronage of residential and office apartment than extrinsic factors. The study concluded that patronage of residential and office apartment was a function of facility type, cost of maintenance, location, and class of residence. Also, banks considered the location of the central business district area before deciding on the choice of an office apartment.
Keywords: patronage, office, residential, apartments, comparison.
Title: Determinant of Patronage of Rental Residential and Office Apartments among Bankers in Ekiti State (A comparative analysis)
Author: Arogundade, K. K., Gbadebo, A., Ajayi, O. M.
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
Research Publish Journals
