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Empirical evaluation of Gen Y housing affordability

Jiram, W. R. A. and Bujang, A. A. and Zarin, H. A. and Anuar, F. H. M. (2016) Empirical evaluation of Gen Y housing affordability. In: 3rd International Conference on Management and Technology in Knowledge, Service, Tourism and Hospitality, SERVE 2015, 1-2 Aug 2015, Bandung, Indonesia.

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Abstract

Gen Y is dealing with housing issues that often associated with housing affordability. Most of the previous studies focus on housing affordability among different groups of income, housing and affordable housing markets, but less emphasis on the ability of housing for different generations. Concerns are often raised whether Gen Y can afford to buy a house? Therefore, the intent of the study is to evaluate the Gen Y housing affordability and to identify factors influencing the housing affordability problems faced by this age group. A questionnaire survey was conducted to collect the required data directly from Gen Y in Kuala Lumpur with a sample size at a confidence level of 90% and data obtained was analysed by descriptive and inference statistics. The study reveals that household expenditures, housing prices, and income are significant in influencing Gen Y’s housing affordability.

Item Type:Conference or Workshop Item (Paper)
Uncontrolled Keywords:Affordable housing, Confidence levels, Empirical evaluations, Household expenditure
Subjects:G Geography. Anthropology. Recreation > G Geography (General) > G70.212-70.215 Geographic information system
Divisions:Geoinformation and Real Estate
ID Code:73621
Deposited By: Mohd Zulaihi Zainudin
Deposited On:28 Nov 2017 05:01
Last Modified:28 Nov 2017 05:01

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