Relative poor and accessibility to home ownership in the city of Kuala Lumpur, Malaysia
This paper examines the accessibility of relative poor to home ownership in the City of Kuala Lumpur, Malaysia. It presents a preliminary analysis on research on urban poor and its relation to home ownership in Malaysia. The paper shows that most of the respondents are within the poor category who...
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Main Authors: | , |
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Format: | Conference or Workshop Item |
Published: |
2013
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Subjects: | |
Online Access: | http://eprints.utm.my/id/eprint/51280/ http://www.academia.edu/6960633/Relative_Poor_and_Accessibility_to_Home_Ownership_in_the_City_of_Kuala_Lumpur_Malaysia |
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Institution: | Universiti Teknologi Malaysia |
Summary: | This paper examines the accessibility of relative poor to home ownership in the City of Kuala Lumpur, Malaysia. It presents a preliminary analysis on research on urban poor and its relation to home ownership in Malaysia. The paper shows that most of the respondents are within the poor category who earns less than !M"### per month. This group is not $ualify for low cost housing but couldn%t afford houses which escalated in price. &ome low'medium cost houses are no longer been built as it is uneconomic. The group of less than () years of age, earning less than !M()## is seen to be the most affected by inaccessibility to home ownership in the study. *o right house, inability to repay loan and limited access to finance will continuously pushed the group into disadvantaged position in relation to home ownership. |
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