Housing affordability: A conceptual overview for house price index

Housing affordability research has been carried out by many as it is one of the key measures for a country's socio-economy stability. This research is carried out to identify possible application of affordability measures including Price-Income Ratio (PIR) for measurement of first owned medium...

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Bibliographic Details
Main Authors: Suhaida M.S., Tawil N.M., Hamzah N., Che-Ani A.I., Basri H., Yuzainee M.Y.
Other Authors: 36807225100
Format: Conference paper
Published: 2023
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Institution: Universiti Tenaga Nasional
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Summary:Housing affordability research has been carried out by many as it is one of the key measures for a country's socio-economy stability. This research is carried out to identify possible application of affordability measures including Price-Income Ratio (PIR) for measurement of first owned medium cost landed-house by the middle-income group in Malaysia. It is hoped that it could be seen as able to contribute to the ground knowledge and understanding on housing affordability for the middle-income group and variables that influenced the medium income group's ability to own first medium-cost houses in Malaysia. � 2011 Published by Elsevier Ltd.