Factors affecting homeownership among middle-income earners (M40) / Rus Liyana Rusli

The issue of homeownership among the middle-income earners in urban areas has garnered significant attention in Malaysia. The government has introduced several policies and strategies aimed at increasing homeownership rates among Malaysians. However, this problem remains unresolved to this day. Furthermore, there are numerous factors that influence homeownership, including income, location, and accessibility. This research focuses on examining the factors that affect homeownership among middle-income earners in Klang, Selangor. The aim is to identify the most influential factors in their decision to own a home. A quantitative approach was employed, and a survey was conducted using Google Forms to collect data from the middle-income earner group in Klang. The findings of this research indicate that the primary factor influencing middle-income households to own a house is the high price of houses. This is followed by household expenditure, household income, type of occupation, housing loan availability, the number of working adults in a household, education level, age, difficulty in obtaining housing loans, and mortgage considerations, which ranked at the bottom.