Weekly Industry News

Govt should control house prices

Weekly Industry News

It is the government’s duty to ensure house prices remain affordable for the people, especially those in the low and middle income groups, said Khazanah Research Institute (KRI) director of research Dr Suraya Ismail.

“It is a duty. Food, shelter; this is something basic. It’s a decent home. As you know, a house is a family unit … it’s also about the well-being of the people.

You’re paying taxes here so the government should take care of you,” she said in an interview recently.

Suraya, who was commenting on whether house prices should be a controlled item, said houses in Malaysia today are too expensive and the government should ensure that houses are affordable for Malaysians based on their income level.

Media Title: The Star

Date: 1 Dec 2018

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