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Too few homes for poor
For millions of B40 urbanites, getting an affordable house is quite impossible Pix for representational purpose only.
PETALING JAYA: For the urban poor, acquiring an affordable home is next to impossible, even if they have the money. The demand has gone through the roof, so to speak.
Available data shows that for every 93 persons among the urban poor who can scrape enough money together to buy a house, there is only one such house available to them.
In Malaysia, a house priced at RM200,000 and below is categorised as “affordable”. An analysis, based on available data, shows that in urban centres, only about 40,000 homes fall into that category.