A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Inter-relationship between the housing market and housing finance system: evidence from Malaysia
The Malaysian housing market and associated housing finance system have expanded significantly as a result of rapid urbanisation since the late 1980s. The key aspect of this paper is to analyse the inter-relationship between the housing market and housing finance system in Malaysia. The paper employs Vector Autoregressive approach and Granger Causality test to empirically investigate this inter-relationship. In Malaysia, no housing studies has actually looked into or used this approach to identify the inter-relationship between these two elements. The key findings show that there is a strong inter-relationship between the housing market and housing finance system. The direction of causality shows that there is a bi-directional relationship between the housing market and housing finance system. These inter-relationships provide evidence that sound performance of the sub-markets within the housing finance system is a determinant prerequisite of the robustness of the housing finance system, if a healthy performance of the housing market is to be achieved. First Publish Online: 20 Jun 2014
Inter-relationship between the housing market and housing finance system: evidence from Malaysia
The Malaysian housing market and associated housing finance system have expanded significantly as a result of rapid urbanisation since the late 1980s. The key aspect of this paper is to analyse the inter-relationship between the housing market and housing finance system in Malaysia. The paper employs Vector Autoregressive approach and Granger Causality test to empirically investigate this inter-relationship. In Malaysia, no housing studies has actually looked into or used this approach to identify the inter-relationship between these two elements. The key findings show that there is a strong inter-relationship between the housing market and housing finance system. The direction of causality shows that there is a bi-directional relationship between the housing market and housing finance system. These inter-relationships provide evidence that sound performance of the sub-markets within the housing finance system is a determinant prerequisite of the robustness of the housing finance system, if a healthy performance of the housing market is to be achieved. First Publish Online: 20 Jun 2014
Inter-relationship between the housing market and housing finance system: evidence from Malaysia
Said, Rosli (author) / Adair, Alaistair (author) / McGreal, Stanley (author) / Majid, Rohayu (author)
2014-06-20
doi:10.3846/1648715X.2014.912691
International Journal of Strategic Property Management; Vol 18 No 2 (2014); 138-150 ; 1648-9179 ; 1648-715X
Article (Journal)
Electronic Resource
English
Inter-relationship between the housing market and housing finance system: evidence from Malaysia
| BASE | 2014
The housing market and the housing crisis in urban penninsular Malaysia.
| DSpace@MIT | 1979
| British Library Online Contents | 1995
Market analysis of housing shortages in Malaysia
| TIBKAT | 2016
| British Library Conference Proceedings | 1991