BFM Podcast

Household Debt Versus Home Ownership

Tan KW
Publish date: Mon, 02 Dec 2019, 01:36 PM

Carmelo Ferlito, Senior Fellow, IDEAS

02-Dec-19 07:45

Household

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.

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