Home ownership motivation in Malaysia: a youth perspective
The government of Malaysia has implemented many housing policies and programs to increase the rate of home ownership among youths. However, this rate remains low as the motivation in having a home has decreased over the years, whilst renting became the youths’ alternative. Besides, a high frequency...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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HRMARS
2020
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| Online Access: | http://eprints.utm.my/90545/1/ShatheesBaskaran2020_HomeOwnershipMotivationinMalaysia.pdf |
| _version_ | 1796865052440002560 |
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| author | Baskaran, Shathees Kumar, Saravin Kumar Binu Samtharam, Shatish Rao Tangaraja, Thanabalan Mahadi, Nomahaza |
| author_facet | Baskaran, Shathees Kumar, Saravin Kumar Binu Samtharam, Shatish Rao Tangaraja, Thanabalan Mahadi, Nomahaza |
| author_sort | Baskaran, Shathees |
| collection | ePrints |
| description | The government of Malaysia has implemented many housing policies and programs to increase the rate of home ownership among youths. However, this rate remains low as the motivation in having a home has decreased over the years, whilst renting became the youths’ alternative. Besides, a high frequency of job changing has influenced them in purchasing a house. Hence, to verify the gap, this research has performed to understand the relationship between perceived job alternatives and home ownership motivation among Malaysian youths. Local amenities investment, social capital investment, financial benefits, and residential stability are dimensions of home ownership used to study its relationship with perceived job alternatives. Whereas, job insecurity used as a mediating factor between perceived job alternatives and home ownership motivation. The research data collected through an online survey and 379 usable respondents were obtained. Results showed perceived job alternative does have a significant relationship with home ownership and its dimensions. There is also a partial mediating effect of perceived job insecurity on the relationship between perceived job alternatives and home ownership motivation. These findings will be useful for the government to understand the Malaysian youth’s motivation in purchasing a house with a job being an influence. |
| first_indexed | 2024-03-05T20:51:05Z |
| format | Article |
| id | utm.eprints-90545 |
| institution | Universiti Teknologi Malaysia - ePrints |
| language | English |
| last_indexed | 2024-03-05T20:51:05Z |
| publishDate | 2020 |
| publisher | HRMARS |
| record_format | dspace |
| spelling | utm.eprints-905452021-04-30T14:55:12Z http://eprints.utm.my/90545/ Home ownership motivation in Malaysia: a youth perspective Baskaran, Shathees Kumar, Saravin Kumar Binu Samtharam, Shatish Rao Tangaraja, Thanabalan Mahadi, Nomahaza HF5549.5.M63 Employee motivation The government of Malaysia has implemented many housing policies and programs to increase the rate of home ownership among youths. However, this rate remains low as the motivation in having a home has decreased over the years, whilst renting became the youths’ alternative. Besides, a high frequency of job changing has influenced them in purchasing a house. Hence, to verify the gap, this research has performed to understand the relationship between perceived job alternatives and home ownership motivation among Malaysian youths. Local amenities investment, social capital investment, financial benefits, and residential stability are dimensions of home ownership used to study its relationship with perceived job alternatives. Whereas, job insecurity used as a mediating factor between perceived job alternatives and home ownership motivation. The research data collected through an online survey and 379 usable respondents were obtained. Results showed perceived job alternative does have a significant relationship with home ownership and its dimensions. There is also a partial mediating effect of perceived job insecurity on the relationship between perceived job alternatives and home ownership motivation. These findings will be useful for the government to understand the Malaysian youth’s motivation in purchasing a house with a job being an influence. HRMARS 2020-06 Article PeerReviewed application/pdf en http://eprints.utm.my/90545/1/ShatheesBaskaran2020_HomeOwnershipMotivationinMalaysia.pdf Baskaran, Shathees and Kumar, Saravin Kumar Binu and Samtharam, Shatish Rao and Tangaraja, Thanabalan and Mahadi, Nomahaza (2020) Home ownership motivation in Malaysia: a youth perspective. International Journal of Academic Research in Accounting Finance and Management Sciences, 10 (2). pp. 49-64. ISSN 2225-8329 http://dx.doi.org/10.6007/IJARAFMS/v10-i2/7309 DOI:10.6007/IJARAFMS/v10-i2/7309 |
| spellingShingle | HF5549.5.M63 Employee motivation Baskaran, Shathees Kumar, Saravin Kumar Binu Samtharam, Shatish Rao Tangaraja, Thanabalan Mahadi, Nomahaza Home ownership motivation in Malaysia: a youth perspective |
| title | Home ownership motivation in Malaysia: a youth perspective |
| title_full | Home ownership motivation in Malaysia: a youth perspective |
| title_fullStr | Home ownership motivation in Malaysia: a youth perspective |
| title_full_unstemmed | Home ownership motivation in Malaysia: a youth perspective |
| title_short | Home ownership motivation in Malaysia: a youth perspective |
| title_sort | home ownership motivation in malaysia a youth perspective |
| topic | HF5549.5.M63 Employee motivation |
| url | http://eprints.utm.my/90545/1/ShatheesBaskaran2020_HomeOwnershipMotivationinMalaysia.pdf |
| work_keys_str_mv | AT baskaranshathees homeownershipmotivationinmalaysiaayouthperspective AT kumarsaravinkumarbinu homeownershipmotivationinmalaysiaayouthperspective AT samtharamshatishrao homeownershipmotivationinmalaysiaayouthperspective AT tangarajathanabalan homeownershipmotivationinmalaysiaayouthperspective AT mahadinomahaza homeownershipmotivationinmalaysiaayouthperspective |