Exploring the linkages between affordable housing and property values in Malaysia: a phenomenological study
Peer Reviewed
Open Access
Field of study
Social and Behavioral Sciences
Business and Business Management
General
Exploring the linkages between affordable housing and property values in Malaysia: a phenomenological study
Exploring the linkages between affordable housing and property values in Malaysia: a phenomenological study Affordable Housing and Property Values in Malaysia
Peter Gisbey
Field of study
Social and Behavioral Sciences
Business and Business Management
General
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The purpose of this qualitative study concerned developing an inductive and comprehensive understanding of the lived experiences of Malaysian homeowners and tenants of affordable housing. This was with respect to the variegated nature of the relationship between housing affordability and property values in the Malaysian housing market, the phenomenon under consideration. A descriptive phenomenological approach, involving both purposive and snowball sampling, was used to achieve the goal of this study: describing the relevant lived experiences in connection with the housing affordability issue in question. Through in-depth interviews, research participants described the experiences that stood out for them, in response to pre-prepared stimulus questions. Verbatim transcriptions of interviews were used as the primary source of data. However, triangulation was achieved through the use of interviews, corroborating field notes and reflective journals. Phenomenological analysis revealed ten emergent themes, namely financing, availability, race/ethnicity, socio-economic status, motives, property values, quality of life, stigma, quality of affordable housing and fairness. One clear implication arising from the findings was that if the Malaysian Government is seen to be doing more in an equitable fashion, this might lead to more positive perceptions in general of the issue of housing affordability. Another clear implication stemming from the findings was that the issue of housing affordability vis-à-vis property values, viewed at from a phenomenological perspective, is clearly a structural problem. Such contentions tend to significantly increase the desirability of the relevant decision-makers employing suitably multi-layered, multi-agency, systems thinking. In terms of practical measures, two key preliminary measures and one fundamental recommendation were made, pinpointing the desirability of improvements in property financing and increased perceptions of fairness.

ISBN 978-1-5342-0379-2
Imprint Glasstree Academic Publishing
DOI 10.20850/9781534203792
Copyright 2017, Peter Jacob Clare Koben Gisbey
Copyright License Standard Copyright License
Type of Publication Dissertation or thesis
Peer Review Status Single blind, Completed
Keywords affordable housing, property values, lived experience, perceptions, phenomenological analysis, systems thinking
Audience Scholarly
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