Younger generation: For the youth, the first five years of employment is the most challenging and toughest period, having barely enough savings to acquire any property.
THEORETICALLY, affordable housing refers to housing which meets certain acceptable standard of quality, location and price.
In the Bank Negara’s Annual Report 2016, the central bank recognises three approaches when evaluating housing affordability in Malaysia, which are the Median Multiple (MM), Housing Cost Burden (HCB) and Residual Income (RI).
