Understanding the Challenges Faced by the Young People in Malaysia

Mahazril ‘Aini Yaacob; Nurul Hidayana Mohd Noor

doi:10.21834/e-bpj.v8iSI13.5038

Authors

Mahazril ‘Aini Yaacob Faculty of Administrative Science and Policy Studies, Universiti Teknologi MARA, Malaysia
Nurul Hidayana Mohd Noor Faculty of Administrative Science and Policy Studies, Universiti Teknologi MARA, Malaysia

DOI:

https://doi.org/10.21834/e-bpj.v8iSI13.5038

Keywords:

Housing, Challenges, Young People, Renters

Abstract

In Malaysia, it was difficult for young people to secure decent housing through ownership or renting. Due to Malaysia's lack of rental regulation, renting a home is challenging because there is no stability in the rental sector. The study was conducted using a quantitative approach involving a questionnaire survey with young people in the Greater Kuala Lumpur. Findings discovered that high deposits, lack of access to affordable rental schemes and lack of suitable rental housing schemes for the renters were among the critical challenges for them. Policymakers should relook into the rental aspect and formulate rental regulations that benefit both renters and homeowners in Malaysia.

References

Abidoye, R. B., Puspitasari, G., Sunindijo, R., & Adabre, M. (2021). Young adults and homeownership in Jakarta, Indonesia. International Journal of Housing Markets and Analysis, 14(2), 333-350. DOI: https://doi.org/10.1108/IJHMA-03-2020-0030

Ahmad, A.B; Anthony, W.R.J; Hasmah, A.Z & Farah Hanan, M. . (2015). Measuring the Gen Y Housing Affordability Problem. International Journal of Trade, Economics and Finance, 6(1), 22–26. http://doi.org/10.7763/IJTEF.2015.V6.435 DOI: https://doi.org/10.7763/IJTEF.2015.V6.435

Ahmed, S., & Salam, M. (2022). Rental housing policies and associated legal covers: Case of middle-income formal housing in Karachi. Journal of Urban Management, 11(4), 488-499. DOI: https://doi.org/10.1016/j.jum.2022.09.002

Aziz, F., Tengku Nazliyana, T. F., Wilson Rangga, J. A., & Rohaya, A. J. (2019). Empirical Evidence on the Determinants of Selangor’s Public Housing Rent-To-Own Purchase Decision. International Journal of Real Estate Studies, 13(2), 42–47.

Baqutaya, S., Ariffin, a. S., & Raji, F. (2016). Affordable housing policy: Issues and challenges among middle-income groups. International Journal of Social Science and Humanity, 6(6), 433–436. http://doi.org/10.7763/IJSSH.2016.V6.686 DOI: https://doi.org/10.7763/IJSSH.2016.V6.686

Deng, W. J., Hoekstra, J. S. C. M., & Elsinga, M. G. (2016). The Changing Determinants of Homeownership Amongst Young People in Urban China. International Journal of Housing Policy, 6718(April), 1–22. http://doi.org/10.1080/14616718.2015.1135857 DOI: https://doi.org/10.1080/14616718.2015.1135857

Department of Statistics, M. (2019). Current population estimates 2021, Malaysia. Retrieved from https://www.dosm.gov.my/v1/index.php?

Faraziera, M. R., & Hamizah Liyana, T. A. (2018). Housing Affordability among Gen Y: How to Improve Affordable Housing Schemes. International Journal of Civil Engineering and Technology (IJCIET), 9(10).

Khazanah Research Institute. (2015). Making housing affordable. Kuala Lumpur.

Khazanah Research Institute. (2019). Rethinking Housing: Between State, Market and Society. Kuala Lumpur. Retrieved from http://www.krinstitute.org/assets/contentMS/img/template/editor/Rethinking Housing (Full Report)- EN Version.pdf

Lo, D., McCord, M. J., McCord, J., Davis, P. T., & Haran, M. (2021). Rent or buy, what are the odds? Analysing the price-to-rent ratio for housing types within the Northern Ireland housing market. International Journal of Housing Markets and Analysis, 14(5), 1062-1091)

Krejcie, R. V., & Morgan, D. W. (1970). Determining sample size for research activities. Educational and psychological measurement, 30(3), 607-610. DOI: https://doi.org/10.1177/001316447003000308

Lo, D., McCord, M. J., McCord, J., Davis, P. T., & Haran, M. (2021). Rent or buy, what are the odds? Analysing the price-to-rent ratio for housing types within the Northern Ireland housing market. International Journal of Housing Markets and Analysis, 14(5), 1062-1091. DOI: https://doi.org/10.1108/IJHMA-08-2020-0103

Marquez, E., Francis, C. D., & Gerstenberger, S. (2019). Where I live: A qualitative analysis of renters living in poor housing. Health & place, 58, 102143. DOI: https://doi.org/10.1016/j.healthplace.2019.05.021

McKee, K., & Hoolachan, J. (2015). Housing Generation Rent What are the Challenges for Housing Policy in Scotland ? Centre for Housing Research. University of St Andrews

McKee, K., & Hoolachan, J. (2015). Housing Generation Rent: what are the challenges facing Housing Policy in Scotland?

Rugg, J. J., & Quilgars, D. J. (2015). Young people and housing: A review of the present policy and practice landscape. Youth and Policy, 5-16.

Shuid, S. (2015). The housing provision system in Malaysia. Habitat International, 54, 210–223. http://doi.org/10.1016/j.habitatint.2015.11.021 DOI: https://doi.org/10.1016/j.habitatint.2015.11.021

Soon, A., & Tan, C. (2019). An analysis on housing affordability in Malaysian housing markets and the home buyers’ preference. International Journal of Housing Markets and Analysis DOI: https://doi.org/10.1108/IJHMA-01-2019-0009

Yip, N.M. (2013). Homeownership, Cohort Trajectories and Hong Kong Post-Eighties Generation. In Forest. R.,& Yip, N.M. Editor (Eds.), Young People and Housing: Transitions, Trajectories and General Fractures. (pp. 121-140). DOI: https://doi.org/10.4324/9780203095096-15

Zuraimi, N. E., Ridzuan, A. R., Bakar, M. H., Sultan Mohideen, R., Ilyas, I. Y., & Suyurno, S. S. (2020). A study on housing affordability in a Malaysian context. e-Journal of Media and Society (e-JOMS)