Making Housing Affordable In Urban States

Making Housing Affordable In Urban States

The government that manages best in providing affordable housing of good quality is a popular one. However, solving the problem seems harder than one would assume. But if governments at different levels can collaborate in building and maintaining low cost housing, much will be won.

MALAYSIANS LOVE to talk about property. Most opening conversations of late sound something like, “Property prices are so high these days! I am just waiting for the property bubble to burst before making my purchase”; and this is amongst white-collar middle-income earners contemplating housing in urban areas. The combination of rising property prices, inflation in goods and services, and non-commensurate wage increases is indeed a lethal one. What then of those who earn meagre incomes, whether those below the poverty line income or those more despairingly caught in the trap of being neither in the “hardcore poverty” or “poverty” categories, where welfare and other assistance in kind are denied?

Read the full story

Sign up now for FREE to access all articles.

Register
Already have an account? Sign in
Great! Next, complete checkout for full access to Penang Monthly.
Welcome back! You've successfully signed in.
You've successfully subscribed to Penang Monthly.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info has been updated.
Your billing was not updated.