Article ID Journal Published Year Pages File Type
979841 Procedia Economics and Finance 2016 8 Pages PDF
Abstract

This study aims to review the issue of housing among urban dwellers in Malaysia with special reference towards the affordability of home ownership. We find that the monthly income has a significant relationship with a type of home using correlation test. There is a negative relationship between type of home and monthly income at the 1% significance level. It shows that monthly income has a relationship to profitability. The correlation test shows that house price and time taken to buy have a positive correlation. For the regression test, only monthly income no significant impact towards the home type of ownership. There is a significant impact between the home type of ownership with time taken to buy and house price at 1% significant level.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics