Carmelo Ferlito, Senior Fellow at Institute of Democracy and Economic Affairs warns that household debt in Malaysia remains stubbornly high at 82.2% and that relaxing the prudent guidelines for home loans is not a solution. He also talks about the need for Malaysia to provide rental properties for the most disadvantaged in the country as their needs for housing are immediate.

<p>Carmelo Ferlito, Senior Fellow at Institute of Democracy and Economic Affairs warns that household debt in Malaysia remains stubbornly high at 82.2% and that relaxing the prudent guidelines for home loans is not a solution. He also talks about the need for Malaysia to provide rental properties for the most disadvantaged in the country as their needs for housing are immediate.</p>

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

<p>Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.</p>

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