Promoting Affordable Housing in Enhancing the Inclusiveness of Housing Policy
Affordable housing has been debated among scholars as the tool used by various governments to address the issue of escalating housing prices in the open market segment. A lot of schemes, programs, and initiatives have been introduced by the State Government of Sarawak to increase the supply of a...
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Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
RISS Journal
2023
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Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/30648/1/RISS%2004%2004%202023%20845-850.pdf https://doi.org/10.47175/rissj.v4i4.827 https://repo.uum.edu.my/id/eprint/30648/ https://www.randwickresearch.com/index.php/rissj/article/view/827 https://doi.org/10.47175/rissj.v4i4.827 |
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Summary: | Affordable housing has been debated among scholars as the tool
used by various governments to address the issue of escalating
housing prices in the open market segment. A lot of schemes,
programs, and initiatives have been introduced by the State
Government of Sarawak to increase the supply of affordable
housing to be accessed by the public. However, there is no sign
that the increase in housing market prices slowing down, and a
lot of people still do not have access to public housing schemes.
This paper focuses on the discussion of this issue in Sarawak.
Besides, it also aims to measure the effectiveness and
inclusiveness of the housing policy to resolve the housing scenario
faced by the public. A qualitative method was used to collect
data. Among the issues discussed in this study are the impact of
government intervention in the open market, public-private sector
partnership, and commitment of the financial institution. This
study should be beneficial for the state government to capture
the real issue of affordable housing in the state and be able to
develop a more holistic and realistic housing policy in the future. |
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