An exploration of determinants of affordable housing choice

AbdulLateef Olanrewaju and Tan Chai Woon

International Journal of Housing Markets and Analysis, 2017, vol. 10, issue 5, 703-723

Abstract: Purpose - Housing sufficiency is an indication of national development, and in recognition of this, a longstanding development objective of the Malaysian Government is the provision of affordable housing. The government has introduced various policies, schemes and regulations to increase housing supply. However, despite these measures, homeownership rates are dropping, and housing prices are outstripping inflation. For this reason, this paper aims to explain the determinants of housing choices. The issues in affordable housing supply in Malaysia are that of shortage and distributions. The problem of distribution is largely addressable through choice reconciliations. Design/methodology/approach - The research is based on a cross-sectional survey questionnaire, comprising 20 determinants and 468 householders/users. The questionnaire was developed via a review of the literature and the authors’ experience. The survey forms are administered by hand. Findings - Six determinants were found to be extremely important to households’ choice of housing. The Kaiser’s measure of sampling adequacy (MSA) indicated that the strength of the relationships among the determinants was strong (MSA = 0.762). Bartlett’s test of sphericity, was significantχ2(1035) = 5013.814,p

Keywords: Malaysia; Housing policy; Micro-determinants; Choices; Subsidies; Homeowners (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eme:ijhmap:ijhma-11-2016-0074

DOI: 10.1108/IJHMA-11-2016-0074

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