'Govt involvement in affordable housing market harmful'

  • 📰 DailyExpress_MY
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 83%

United States News News

United States United States Latest News,United States United States Headlines

PETALING JAYA: Excessive regulation and the government’s involvement in the affordable housing market are detrimental to the sector’s performance, said an economist.

Carmelo Ferlito of the Center for Market Education believes the presence of the government in the affordable housing segment is crowding the market and keeping investors away.“This is why many developers prefer to develop high-end properties. How can private developers compete with the government?” he said. Ferlito told FMT the government should focus instead on encouraging the private sector to supply affordable housing, including removing “distortions” created by minimum housing standards.

Carlsberg Golf Classic 2023 Swings Back into Action: The Ultimate #NEXTGEN Golf Tournament Kuala Lumpur: – The Carlsberg Golf Classic is back in June this year with the introduction of two digital golf legs to draw beginner golfers, who play off-course in indoor simulators, rebranding it as #NEXTGEN.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines