A house should not be a stock

Damansara Heights proximity to the city of Kuala Lumpur, and its many bungalows set among much greenery, has made it one of the Kuala Lumpurs most prestigious address.

RECENTLY, a peer-to peer (P2P) property crowdfunding scheme was introduced to solve the housing issues, such as unaffordable housing and unsold properties, plaguing the country.

However, it is submitted here that a property crowdfunding scheme or any other similar property funding scheme might make the housing market less robust and more prone to a bust, given the interplay of credit or liquidity in the housing market, the stretched housing affordability and the role of investors.