PERSPEKTIF, DILEMA, ISU DAN CABARAN YANG DIHADAPI OLEH BELIA DALAM PEMILIKAN RUMAH PERTAMA: ANALISIS HARGA RUMAH DAN CORAK KEMAMPUAN

Abstract

Homeownership is a significant milestone in the lives of young people in Malaysia, but it is confronted with various significant issues and challenges. The objective of this study is to analyze the perspectives, dilemmas, issues, and challenges faced by youth in their efforts to own a first home, with a particular emphasis on housing price analysis and youth affordability patterns. This study employs a secondary analysis method, involving the collection and analysis of data from existing sources such as journals, government reports, and economic documents. The findings reveal that factors such as high house prices, non-strategic housing locations, and difficulties in obtaining housing loans are among the main challenges faced by young people. Additionally, the financial burden caused by rising living costs further complicates their efforts to purchase a first home. The study also identifies a gap between government policies and the realities on the ground, where existing housing initiatives are still insufficient to meet the actual needs of the youth. The conclusion of this study suggests improvements in housing policies, enhanced collaboration among stakeholders, and the need for financial education to increase the resilience of homeownership among youth. More comprehensive and thorough financial education at an early stage may help this group better plan their finances and avoid costly mistakes in the future. With appropriate actions, it is hoped that young people can achieve the stability and security they desire through owning their first home.