Record Details

Foreign Investment in Real Estate and Housing Affordability

Jurnal Ekonomi Malaysia

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Title Foreign Investment in Real Estate and Housing Affordability
 
Creator Masron, Tajul Ariffin
Md Nor, Abu Hassan Shaari
 
Subject Foreign Investment; Housing Price, Affordability, Real Estate Markets
F4; O2
 
Description Foreign Investment in Real Estate (FIRE) is gradually becoming an important source of capital to many emerging markets in the world. In one hand, FIRE helps to improve the performance of real estate sector and subsequently upgrade the level of income of host countries. However, on the other hand, the inflows of FIRE may help fuelling the house price. Hence, this study attempts to fill up the under-researched area of pressing issue surrounding the implications of FIRE inflows on host country’s affordability level by focusing on the experience of emerging real estate markets. The approach is specifically designed to be as informative as possible in offering the benefits and costs of luring FIRE into the host countries with respect to house affordability. Generally, this study found that FIRE is beneficial in increasing national income but might be offset by increasing house price.
 
Publisher Universiti Kebangsaan Malaysia
 
Contributor Universiti Sains Malaysia under Research University (RU) Grant Scheme No. 1001/PMGT/816220
 
Date 2016-06-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://ejournal.ukm.my/jem/article/view/10783
 
Source Jurnal Ekonomi Malaysia; Vol 50, No 1 (2016): Jurnal Ekonomi Malaysia; 15-27
0126-1962
 
Language eng
 
Relation http://ejournal.ukm.my/jem/article/view/10783/4740