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Multi‐owner low‐cost housing management in Malaysia Effects of owner‐occupant characteristics and occupancy rates

Multi‐owner low‐cost housing management in Malaysia Effects of owner‐occupant characteristics and... Purpose – Homeownership is considered both economically and socially beneficial for homeowners. However, in the collective living arrangement, reaching a consensus with regard to the residential environment is difficult. The purpose of this paper is to identify factors that can reduce the conflict among the stakeholders in multi‐owner low‐cost housing in Malaysia. Design/methodology/approach – This study tested three hypotheses examining whether the demographic and socio‐economic characteristics of owner‐occupants and occupancy rates affect owner‐occupants' satisfaction with stakeholders' relationships. Data were collected through questionnaires from owner‐occupants of multi‐owner low‐cost settlements in Selangor state. Data on housing characteristics were collected from chairpersons of the respective owners' organisations. The data were treated as parametric, and analysis of variance was conducted. Findings – Four factors – number of children in the family, duration of residency, participation in social activities and participation in meetings – were found to affect owners‐occupants' satisfaction with the stakeholders' relationships. The significant effect of occupancy rates was also indicated. Practical implications – The Management Corporations (MCs) should encourage social relationships among residents. To avoid conflict, the costs and benefits of participation must be balanced. Policy makers should take two key aspects seriously: owner‐managed strategy practices by the MCs and high rates of tenant‐residents. A mechanism should be identified for assisting the MCs in housing management and for protecting the benefits of homeownership for owner‐occupants. Originality/value – Past studies on low‐income household settlements examined public housing or low‐income homeowners of single detached dwellings. This study adds to the existing body of knowledge by examining low‐income homeowners in multi‐owner low‐cost settlements. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Housing Markets and Analysis Emerald Publishing

Multi‐owner low‐cost housing management in Malaysia Effects of owner‐occupant characteristics and occupancy rates

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Publisher
Emerald Publishing
Copyright
Copyright © 2011 Emerald Group Publishing Limited. All rights reserved.
ISSN
1753-8270
DOI
10.1108/17538271111153031
Publisher site
See Article on Publisher Site

Abstract

Purpose – Homeownership is considered both economically and socially beneficial for homeowners. However, in the collective living arrangement, reaching a consensus with regard to the residential environment is difficult. The purpose of this paper is to identify factors that can reduce the conflict among the stakeholders in multi‐owner low‐cost housing in Malaysia. Design/methodology/approach – This study tested three hypotheses examining whether the demographic and socio‐economic characteristics of owner‐occupants and occupancy rates affect owner‐occupants' satisfaction with stakeholders' relationships. Data were collected through questionnaires from owner‐occupants of multi‐owner low‐cost settlements in Selangor state. Data on housing characteristics were collected from chairpersons of the respective owners' organisations. The data were treated as parametric, and analysis of variance was conducted. Findings – Four factors – number of children in the family, duration of residency, participation in social activities and participation in meetings – were found to affect owners‐occupants' satisfaction with the stakeholders' relationships. The significant effect of occupancy rates was also indicated. Practical implications – The Management Corporations (MCs) should encourage social relationships among residents. To avoid conflict, the costs and benefits of participation must be balanced. Policy makers should take two key aspects seriously: owner‐managed strategy practices by the MCs and high rates of tenant‐residents. A mechanism should be identified for assisting the MCs in housing management and for protecting the benefits of homeownership for owner‐occupants. Originality/value – Past studies on low‐income household settlements examined public housing or low‐income homeowners of single detached dwellings. This study adds to the existing body of knowledge by examining low‐income homeowners in multi‐owner low‐cost settlements.

Journal

International Journal of Housing Markets and AnalysisEmerald Publishing

Published: Aug 9, 2011

Keywords: Homeownership; Housing management; Low‐cost housing; Malaysia; Stakeholders' relationships; Private ownership; Income

References