Recently, the Real Estate and Housing Developers’ Association (Rehda) Institute announced that homeownership among Malaysia’s middle-income M40 group has fallen below that of the low-income B40 rate.  Dr Consilz Tan, Research Fellow, Centre for Market Education & Senior Lecturer, Xiamen University Malaysia  helps us make sense of the data and if there is any validity to claims that the drop is due to a housing model that depends on cross-subsidisation.

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