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ThinkLeft #3: Why Can’t We Afford to Buy Houses Anymore?
42 mins
·
15:00, 9 Jun 2022
·
Recommended
43 mins
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48 mins
Guest: Sivarajan Arumugam, Secretary-General, Parti Sosialis Malaysia
There was a time where working a regular 9-5 job would enable you to buy a house (at the very least a single storey landed property) and raise some kids in it, if you so desire. After all, that’s what Baby Boomers and Gen Xs did. Unfortunately, that is not the case for most millennials today, not unless they’ve inherited some family wealth. You constantly hear about the average Malaysian, even degree holders, not being able to afford adequate housing, despite it being a basic necessity – a human right. One would think that the demand is so high and the supply is so low. But this isn’t the case in Malaysia -- there are new developments every day, you drive around neighbourhoods and see empty houses and luxurious condos, and yet, nobody can afford them. So, what went wrong? And how do we fix it?
Image credit: Shutterstock
Presenter: Dashran Yohan
Producer: Dashran Yohan
HDB Flats
malaysian politics
politics
housing crisis
affordable housing
ppr flats
capitalism
socialism
ThinkLeft
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ThinkLeft #3: Why Can’t We Afford to Buy Houses Anymore?
42 mins
·
15:00, 9 Jun 2022
Guest: Sivarajan Arumugam, Secretary-General, Parti Sosialis Malaysia
There was a time where working a regular 9-5 job would enable you to buy a house (at the very least a single storey landed property) and raise some kids in it, if you so desire. After all, that’s what Baby Boomers and Gen Xs did. Unfortunately, that is not the case for most millennials today, not unless they’ve inherited some family wealth. You constantly hear about the average Malaysian, even degree holders, not being able to afford adequate housing, despite it being a basic necessity – a human right. One would think that the demand is so high and the supply is so low. But this isn’t the case in Malaysia -- there are new developments every day, you drive around neighbourhoods and see empty houses and luxurious condos, and yet, nobody can afford them. So, what went wrong? And how do we fix it?
Image credit: Shutterstock
Presenter: Dashran Yohan
Producer: Dashran Yohan
HDB Flats
malaysian politics
politics
housing crisis
affordable housing
ppr flats
capitalism
socialism
ThinkLeft
Share:
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Recent episodes
0
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Podcasts · Jan 15 · 37 mins
Plowing Through Snow With The Haval H9
Podcasts · Jan 15 · 34 mins
If Walls Could Talk: The Story of Malaysian Street Art
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