House ownership remains a major concern for Malaysian youths


House ownership remains among the top concerns for youths according to the first edition of the Youth Aspiration Manifesto Survey.

The three-part survey carried out by Architects of Diversity (AOD) in collaboration with Undi18 and UndiNegaraku comprised 3,089 respondents aged 18-30 nationwide.

AOD co-founder Jason Wee said the findings showed nearly two-thirds of respondents (59%) feared they would be unable to purchase a home in their lifetime.

“Almost all respondents (90%) wanted the government to develop more affordable homes, especially for youths aged 25-30.

“At the same time, three quarters (75%) of respondents felt that a ceiling price should be set on rent that can be charged on tenants,” he said at a press conference on April 7.

Wee added that 54% of respondents also agreed with the imposition of a tax towards property owners who left their properties vacant for prolonged periods.

Among other items highlighted in the survey were youth concerns about future employment opportunities, with bumiputera and east Malaysian respondents especially, expressing their concern.

“In regards to these issues, political parties and policymakers stand to gain youth support through providing economic empowerment.

“This cannot be further delayed as convincing and meaningful economic narratives have to be developed for the Malaysian youth,” he said.

The results from the second and third editions encompassing aspects of healthcare, and law and order will be made public within four weeks.

Source: TheStar.com.my

  1. MsPuiYi
    April 8th, 2022 at 13:15 | #1

    …….“This cannot be further delayed as convincing and meaningful economic NARRATIVES have to be developed for the Malaysian youth,” ….

    That’s the problem with Msia, plenty of narratives, endless rhetoric, but no consistent execution, politicians just kelentong, wait and hope to get elected, then masuk kuat kuat. Kita jaga kita like what they say, our only hope would be to let everything crash and burn, until there is nothing left to plunder and loot, so that we can all have a fresh start.

  2. jack
    April 8th, 2022 at 15:14 | #2

    Developers: Hey property market looks good, it is recovering…

    Real Estate Agencies: No, there are so many property overhung, unplanned developments are not good…

    Rakyat: Wei, we can’t even afford a decent property…

    And these cycles of news continues…

  3. Say No To Gangster Contractors
    April 11th, 2022 at 10:28 | #3

    For those who bought properties, you have issues like Gangster Contractors all over the new projects other than the already troublesome defects…

    I felt pessimistic about the future as our political parties are kind of like the USA now. No matter how many times we swapped political parties, issues still persists as the one “sponsoring” behind are the same bunch.

  4. Dictactor
    April 11th, 2022 at 12:44 | #4

    @Say No To Gangster Contractors
    Do you felt Here still have hope? Our country are in the right track now back to “Future”.

  5. Say No To Gangster Contractors
    April 12th, 2022 at 13:50 | #5


    ikr… all we can choose for now is

    a. The long corrupted goons or
    b. the ones of the developers, by the developers, for the developers

    Of course we are going to the “future”

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