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Keyword: Housing affordability, housing policy, house prices, leading indicator, Markov regime switching × Clear all

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An Augmented Measurement of the Housing Affordability Cycles in Malaysia

Zhi-Cheng Voon · Chee-Wooi Hooy · Chin-Hong Puah ·Malaysian Journal of Economic Studies ·2020 ·JEL: C43, E64, R21, R31

Malaysia’s property market has been going through a difficult phase as the supply of property stocks are excessive with the demand unable to catch up, and hence, many unsold units remaining on the market. The primary aim of this paper is to...

Housing affordability, housing policy, house prices, leading indicator, Markov regime switching

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