Household Debt Versus Home Ownership
Carmelo Ferlito, Senior Fellow, IDEAS
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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.
Presented by: Lyn Mak, Wong Shou Ning, Roshan Kanesan
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