Understanding the Challenges Faced by the Young People in Malaysia

Abstract

In Malaysia, it was difficult for young people to secure decent housing through ownership or renting. Due to Malaysia's lack of rental regulation, renting a home is challenging because there is no stability in the rental sector. The study was conducted using a quantitative approach involving a questionnaire survey with young people in the Greater Kuala Lumpur. Findings discovered that high deposits, lack of access to affordable rental schemes and lack of suitable rental housing schemes for the renters were among the critical challenges for them. Policymakers should relook into the rental aspect and formulate rental regulations that benefit both renters and homeowners in Malaysia.