Tenant’s Perspective on Facilities vs. Rental Values: A Comparison between Public and Private Housing Schemes

Abstract

Initially, housing is one of the basic needs of the human beings and these are occupied either owner or tenant which are provided by both Public and Private Parties. Simultaneously, the residential rent market is over increasing in contrast to the facilities. Thus, this research tries to examine whether the tenant is satisfied with facilities and it is deeply surveyed under the categories of Utilities, Facilities and Amenities. For this purpose, data collected from Maththegoda housing scheme and Araliya Uyana housing scheme which are in Colombo sub urban area. For the sampling, 80 units out of 202 units in Public scheme and 16 out of 16 rented housing units in Private were selected respectively. Results reveal that all the tenants in Public sector are dissatisfied and show a weak positive correlation between rental value and the satisfaction. Similarly, the tenants in private sector are highly dissatisfied with utilities and they are dissatisfied with facilities and amenities and show a negative correlation. Independent sample test on overall satisfaction shows the ‘t ‘value as 0.664 and undoubtedly it is greater than 0.5 and it causes to reject the null hypothesis of the research. Accordingly, the research concludes as, both sectors are dissatisfied and comparatively, tenants in public housing scheme are rather satisfied. Hence the policies are encouraged more public housing than private housing.

Key Words: Public Private Housing, Tenants perspective, Rental value, Satisfaction, Facilities