Household Debt Versus Home Ownership
Carmelo Ferlito, Senior Fellow, IDEAS
Carmelo Ferlito, Senior Fellow at Institute of Democracy and Economic Affairs warns that household debt in Malaysia remains stubbornly high at 82.2% and that relaxing the prudent guidelines for home loans is not a solution. He also talks about the need for Malaysia to provide rental properties for the most disadvantaged in the country as their needs for housing are immediate.
Presented by: Lyn Mak, Wong Shou Ning, Roshan Kanesan
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