dc.description.abstract | This research investigates the factors contributing to rent arrears in commercial properties within Kampala, Uganda, and the effectiveness of the existing recovery strategies. A mixed-methods approach involving surveys, interviews, and data analysis was employed to gather comprehensive insights into this complex phenomenon.
Results from surveys of 56 participants revealed diverse demographic backgrounds, with age and gender disparities influencing financial stability. Factors such as inflation, government economic policies, and changes in the business environment were identified as significant contributors to rent arrears. These macroeconomic influences highlight the vulnerability of tenants to external economic shocks. Rent arrears were found to have substantial implications for landlords, leading to financial strain and hindering property maintenance efforts. Tenants faced increased financial strain and housing insecurity, exacerbating socio-economic challenges. Despite landlords' efforts to recover rent arrears, existing strategies showed mixed effectiveness, necessitating continuous evaluation and adaptation.
Correlation and regression analyses provided insights into the relationships between contributing factors, the effectiveness of rent recovery strategies, and the occurrence of rent arrears. Qualitative insights from interviews with property managers underscored the need for tailored interventions and regulatory enhancements.
Recommendations include policy interventions to address underlying economic factors, strengthening landlord-tenant relations, and continuous evaluation of rent recovery strategies. By implementing targeted interventions and fostering collaborative efforts, Kampala's commercial property sector can achieve greater financial stability and housing security for all stakeholders. Further research is warranted to explore additional variables and methodologies to deepen understanding and enhance predictive accuracy in addressing rent arrears dynamics. | en_US |