Tuesday, January 3, 2012

House for sale!

Base purely on yours truly observation, backed by neither scientific study nor proven statistical data.

Class based society in Malaysia is engulfing the existing great divide.
The void that fill the gap between the elite and the poor is growing. The rich is getting richer , while the middle class is being screwed by the rich and the poor - obviously getting poorer.

Where is the pain point?
The challenge of owning a house in major cities can be use as a yardstick. It is essentially made worse by the lack of policies to protect and ensure every one have/will have a roof over their head - regardless of their income and geo-location.

Alternatives?
Learn from the Koran.
Learn from others - look across the causeway and see how it is done there. It start with good town planning, house design for a family of 5 and a good employee financial scheme to enable newly weds to be able to register and get the house that fit their income range.

If left unchecked, the scarcity of affordable housing for target groups will leave a majority of Malaysian helpless. It will fuel social ill that will result in a degraded life quality for all Malaysian, rich and poor.

Real estate bubble is only helping the rich , but it will turn on them if the bubble are to burst.


Malaysian public (the 99%) - ask your YB and YAB.

1 comment:

rean said...

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