Govt Involvement Will Hurt Housing Industry In Long Run Warns Think Tank


The government intends to build a million affordable homes over the next 10 years. (Bernama pic)PETALING JAYA: A think tank today raised concerns over potential government-led market distortions in the housing market following the government’s plan to build a million affordable homes over the next 10 years
IDEAS senior fellow Dr Carmelo Ferlito said government involvement in the industry may hurt it in the long run
Ferlito regarded the target as something ambitious, considering that the entire private sector was only able to provide an average of 200,000 new units per year across all price ranges “during the best years of the property market”
“This is what makes it impossible for the government to know what the market truly needs,” he said in a statement
The think tank was responding to the plan by the National Affordable Housing Council to build a million affordable homes in the next 10 years
It was reported that the council agreed to set up the One Million Affordable Homes 2018-2028 Implementation Monitoring Steering Committee, chaired by Housing and Local Government Minister Zuraida Kamaruddin
The council also agreed to utilise wakaf land as part of the solution to build more affordable homes in Malaysia
Ferlito said it was best to leave the market to the entrepreneurs, “since they are the players who are continuously engaged with the market process”
He warned that any losses suffered by government enterprises involved in housing would have to be borne by taxpayers
Ferlito noted that while the government’s intentions were commendable, they need to be careful not to intervene in the market directly and create distortions
He said the government had previously signalled its intention to conduct open tenders to engage the private sector in providing affordable homes
“I believe this is a move in the right direction, even when it is not optimal, rather than building houses directly through government-linked companies or ministry agencies
“I believe there is demand for affordable houses and I also believe that only private entrepreneurs can carry out sound plans in line with real market needs
“This does not necessarily have to be focused on home ownership, but also towards new rental schemes,” he added. - Mkini

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://feedproxy.google.com/~r/MalaysiansMustKnowTheTruth/~3/08dr-fzSGFU/govt-involvement-will-hurt-housing.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Guan Eng Says It Will Take Three Years To Mend Malaysia And Blames The Previous Govt

Guan Eng Says It Will Take Three Years To Mend Malaysia And Blames The Previous Govt

papar berkaitan - pada 1/1/2019 - jumlah : 302 hits
It would take at least three more years before Malaysia s fiscal health can be restored following years of endemic corruption RM1 trillion worth of accumulative debt and failed policies Finance Minister Lim Guan Eng has said In a new year s...
16 Cute Decorative Pillow Designs That Will Be Trendy In 2019

16 Cute Decorative Pillow Designs That Will Be Trendy In 2019

papar berkaitan - pada 30/12/2018 - jumlah : 306 hits
A beautiful decorative pillow is the decoration of each sofa sofa or armchair Colorful with cute decorations made of plush silk or rustically embroidered the pillows will convert the most boring place into a comfortable The post appeared fi...
Ppbm Vp Says Money Will Decide The Next General Election

Ppbm Vp Says Money Will Decide The Next General Election

papar berkaitan - pada 30/12/2018 - jumlah : 254 hits
PPBM vice president and former Elections Commission chairman Abdul Rashid Abdul Rahman said they must win the next general election by hook or by crook but they will never win unless PPBM s leaders are rich and have plenty of money to pour ...
Hadi Will Be Furious Dr Mahathir Named Muslim Man Of The Year By Prestigious Mid East Centre

Hadi Will Be Furious Dr Mahathir Named Muslim Man Of The Year By Prestigious Mid East Centre

papar berkaitan - pada 30/12/2018 - jumlah : 326 hits
KUALA LUMPUR Prime Minister Tun Dr Mahathir Mohamad has been named The Muslim 500 s 2019 Muslim Man of the Year by the Royal Islamic Strategic Studies Centre in Amman Jordan In the list honouring the most influential Muslims across the glob...
Anwar Is Comfortable That He Will Succeed Me Says Mahathir

Anwar Is Comfortable That He Will Succeed Me Says Mahathir

papar berkaitan - pada 31/12/2018 - jumlah : 311 hits
BERSATU AGM Bersatu chairperson Dr Mahathir Mohamad said he believes PKR president Anwar Ibrahim is comfortable with the prospect of succeeding him as the next prime minister Despite the pressure for Mahathir to stay on as prime minister fo...
Bersatu Will Test Sincerity Of Former Umno Leaders Dr M

Bersatu Will Test Sincerity Of Former Umno Leaders Dr M

papar berkaitan - pada 30/12/2018 - jumlah : 275 hits
Dr Mahathir delivering his keynote address at the Bersatu Annual General Assembly at the Putrajaya International Convention Centre here yesterday Bernama Photo PUTRAJAYA Former Umno leaders who have been accepted to join Parti Pribumi Bersa...
Dr M Downplays Demands For Contracts Assures Wrongdoers Will Face The Music

Dr M Downplays Demands For Contracts Assures Wrongdoers Will Face The Music

papar berkaitan - pada 31/12/2018 - jumlah : 295 hits
BERSATU AGM Prime Minister Dr Mahathir Mohamad has downplayed demands for government contracts and positions during the Bersatu annual general assembly in Putrajaya today Mahathir who is also Bersatu chairperson said the demands were more t...
Office Design For Sanneng Integrated Housing Co Ltd By Up Design

Office Design For Sanneng Integrated Housing Co Ltd By Up Design

papar berkaitan - pada 18/1/2019 - jumlah : 268 hits
Project Sanneng Integrated Housing Co Ltd Office Building Architects UP DESIGN Location East Side of the Xingang toll station Huaning Road No 6 Kaifu China Area 1 310 258 sf 731 945 sf Photographs by Weigi Jin Sanneng Integrated Housing The...
Nine Hurt As Car Rams Into Crowd At Tokyo Street

Nine Hurt As Car Rams Into Crowd At Tokyo Street

papar berkaitan - pada 3/1/2019 - jumlah : 217 hits
Policemen stand next to a car which plowed into pedestrians on New Year day in Tokyo Japan Reuters photo TOKYO Nine people were hurt one seriously when a man deliberately ploughed his car into crowds celebrating New Year s Eve along a famou...
Flexibility In Business Operations

Umno Youth To Protest Extra Hours For Civil Servants Working Shifts

The Difference In The Concept Of Illicit Relationship Between Muslims And Non Muslims

Biodata Hael Husaini 2 Kali Juara Ajl Dan Perjalanan Dalam Industri Seni

Pensyarah Didakwa Hina Nabi Jawi Turut Buka Siasatan

Pas Langkaui Retorik Dap Isytihar Pas Muuh Utama

Murid Buktikan Pada Guru Lembu Makan Martabak

Abang Adik Wins Best Film Award In Los Angeles


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


Football Online Sports Gambling 1xbet 1xbet Globa

Mesyuarat Mpsm Kulai Bil 3 2024

7 Keistimewaan Hari Arafah Hari Yang Dinantikan Jutaan Umat Islam

Generasi Milenial Dan Gen Z Dukung Nkri Nomor Urut 2 Simbol Harapan Baru Kalimantan Barat

Kempen Hartanah Bumiputera Matrix Miliki Rumah Selesa Cipta Kenangan Indah Bersama Keluarga

Bukan Semua Cendawan Boleh Makan Ada Yang Beracun