A study on the determinants of housing affordability in Malaysia / Hidayah Mohd Raidzoh

Housing industry in Malaysia has showing an increase in demand every year leading to an uptrend in house prices. Thus, housing affordability has become a concern among Malaysian. There are various factors that can be used to measure the housing affordability. The main objective of this paper is to e...

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Bibliographic Details
Main Author: Mohd Raidzoh, Hidayah
Format: Thesis
Language:English
Published: 2013
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/38470/1/38470.pdf
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Summary:Housing industry in Malaysia has showing an increase in demand every year leading to an uptrend in house prices. Thus, housing affordability has become a concern among Malaysian. There are various factors that can be used to measure the housing affordability. The main objective of this paper is to examine the impact of macroeconomic and demographic variables towards housing affordability Malaysia. Time series data from the year 2000 until 2011 was explored on quarterly basis and multiple regressions were adopted in order to identify the relationships between the selected variables. The finding revealed that mortgage interest rates and lag(house affordability) are significantly correlated with housing affordability while GDP and population was not significantly correlated