A fuzzy logic approach for housing affordability level analysis

Nerda Zura Zaibidi, Adyda Ibrahim and Syuhaddah Saiddin

International Journal of Operational Research, 2024, vol. 51, issue 2, 151-165

Abstract: The issue of house prices are either too high or unaffordable is widely discussed. The price index indicates residential units' prices continue to climb from one year to another. Consequently, the number of unsold residential units becomes high. This issue has raised concern among researchers to analyse about the affordability level among house buyers. This study aims to measure the affordability level of house buyers in Malaysia by using a fuzzy logic approach. Two inputs are being considered; house price ranges and household incomes while for the output is the affordability level. The findings show that the affordability level for the middle-income earners in Malaysia is low. This finding can help the authorised body to look carefully into this issue and find a strategic solution to overcome the problems to avoid the housing development turning into a slump.

Keywords: fuzzy logic; house prices; housing affordability; housing market. (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijores:v:51:y:2024:i:2:p:151-165

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