For the most part, this problem has been reflective towards the entire world as the property prices have been rising everywhere. Gen-Z and Millenials are unable to purchase homes as they are too expensive or, as a property developer suggests, the interest rates for loans are rather high.
Gen-Z and Millenials not buying homes
Netizens state that the prices of new homes have skyrocketed like crazy. Back in the 1990s, for RM2,000, you’d be able to get a luxurious home. But today, for RM2,000, you would most likely get a studio unit in Kuala Lumpur.
Others complained that newly built houses are not as well built as they were back in the day. Regardless, this issue appears to be reflective of most industries today.
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