Authors : Norhasliya Mohd Daud, Norazman Mohamad Nor, Umi Nadiah Nor Ali, Mohammed Alias Yusuf and Vikneswaran Munikanan
Abstract: Residential property is the issues that should be concerned by the government to their citizen. One of the foremost important needs is to provide the house for the large population especially for the low and middle income group earner. The aim of this study is to overview the summary of literature review on the national housing needs and housing provision that obtained in several journals and reports. Major constraint about providing the affordable house to low and middle income earner. Moreover, the study discusses the overview based on literature review on previous study about defining housing affordability. Most of the previous study defined the housing affordability as purchasing home with >30% of their household income. Housing policy worldwide attempt to have the efficiency in housing management and provide the adequate houses. This informative study explores the affordable house in worldwide and found that the issues and challenges in housing provision is affected by many factors. Results from the literature review show that the issues and challenges in providing of the affordable housing evidently depends on high population in urban centers, housing prices increased rapidly, inadequate demand and supply of affordable land and the cost of construction materials and technologies. Income factors are the issues and challenges as people nowadays facing the financial constraints and difficult to obtain the housing loan.
Norhasliya Mohd Daud, Norazman Mohamad Nor, Umi Nadiah Nor Ali, Mohammed Alias Yusuf and Vikneswaran Munikanan, 2017. Affordable Housing System: A Review on Issue of Housing Affordability. The Social Sciences, 12: 1281-1287.