Rehda: M40 homeownership rate falls below B40 as cross-subsidisation inflates home prices
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The homeownership rate for malaysia's middle class, known as the m40, has reportedly fallen below that of the lower income group, the b40. This development is linked to cross-subsidisation, which is said to be driving up home prices. The situation has prompted calls for government intervention in the affordable housing sector and concerns about housing affordability and problematic projects.
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