Making home ownership possible for more

By Stuart Macdonald

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House prices in Malaysia continue upwards and there is as yet no sign of a slowdown. With the dream of owning a home growing more illusory for more and more Malaysians, it’s time to rethink housing finance and introduce innovative solutions that will give more Penangites a chance to buy a home.A growing segment of Malaysian society is unable to buy decent or affordable housing which meets their needs and aspirations. House prices have moved beyond reach for many households...

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Stuart Macdonald

is a fellow and head of Urban Studies at Penang Institute.