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The Pursuit of Sustainability of Homeownership Schemes for First-Time Buyers

The Pursuit of Sustainability of Homeownership Schemes for First-Time Buyers A large portion of first-time homebuyers lack adequate means to meet their needs of housing owing to home price inflation in Malaysian cities. One way to address the housing needs of urban household is to provide affordable quality homes. Drawing upon a case study of Greater Kuala Lumpur, Malaysia, this study attempts to discuss the cloud of issues related to different homeownership schemes available for first-time homebuyers. Results suggest that affordable housing should be made available at the price and locations that can be accepted by first-time homeowners. In line with the principle of sustainability, homeownership schemes for first-time homebuyers should be economically viable, socially acceptable and technically feasible. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Open House International Emerald Publishing

The Pursuit of Sustainability of Homeownership Schemes for First-Time Buyers

Open House International , Volume 40 (1): 8 – Mar 1, 2015

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0168-2601
eISSN
2633-9838
DOI
10.1108/OHI-01-2015-B0012
Publisher site
See Article on Publisher Site

Abstract

A large portion of first-time homebuyers lack adequate means to meet their needs of housing owing to home price inflation in Malaysian cities. One way to address the housing needs of urban household is to provide affordable quality homes. Drawing upon a case study of Greater Kuala Lumpur, Malaysia, this study attempts to discuss the cloud of issues related to different homeownership schemes available for first-time homebuyers. Results suggest that affordable housing should be made available at the price and locations that can be accepted by first-time homeowners. In line with the principle of sustainability, homeownership schemes for first-time homebuyers should be economically viable, socially acceptable and technically feasible.

Journal

Open House InternationalEmerald Publishing

Published: Mar 1, 2015

There are no references for this article.