Expert calls for policy shift to make houses affordable

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Lillian Wee of Research for Social Advancement says not enough attention has been given to the growing rental market.PETALING JAYA: A researcher has described Malaysia’s housing policy as something that is stuck in an “identity crisis” from which it can emerge if policy makers decide whether to view a house as an asset or a necessity.Lillian Wee of the Research for Social Advancement (Resda) think tank said the government, in giving priority to people who can afford to buy property, was shutting out those who could not or did not want to, thereby creating unequal opportunities.Not enough attention had been given to the growing rental market, she said, noting that this was one of the issues that had been exacerbated since the onset of the Covid-19 pandemic.“A lot of the government’s policies during and before the pandemic have prioritised home ownership and people who can affor…