Does the government doing enough in providing affordable housing in Malaysia?

Omar, Ismail and Bahari, Azimuddin and Mohsen, Masfaliza (2020) Does the government doing enough in providing affordable housing in Malaysia? In: nil. nil.

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Abstract

In neoclassical, market failure is a situation in which the allocation of goods and services by a free market is not Pareto efficient, often leading to a net loss of economic value. This mismatching between supply of and demand for land creates sky rocketing housing prices in the market. Since the Government is concerned in housing the nation, numerous housing programs to provide adequate affordable housing to meet the needs of the low income or the middle income households. Unfortunately, the country still lacks the supply of affordable homes to meet the demand. Supply of houses in the market is in abundance but they do not fall under the affordable category. Therefore, the existing Government policies and implementation of affordable housing need to be realigned accordingly.

Item Type: Book Section
Uncontrolled Keywords: nil
Subjects: H Social Sciences > HT Communities. Classes. Races > HT101-395 Urban groups. The city. Urban sociology > HT165.5-169.9 City planning
Divisions: Faculty of Technology Management and Business > Department of Real Estate Management
Depositing User: Mrs. Siti Noraida Miskan
Date Deposited: 07 Nov 2021 02:17
Last Modified: 07 Nov 2021 02:17
URI: http://eprints.uthm.edu.my/id/eprint/2319

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