Home investment limits could collapse real estate, says Nga | TheStarTV.com

Home investment limits could collapse real estate, says Nga

Published on 24 Oct 2024 8:48:44 PM

Putrajaya would not limit anyone from buying houses for investments, as doing so could cause the collapse of the real estate sector and potentially affect about 200 related industries, says Housing and Local Government Minister Nga Kor Ming.

Nga was responding to former Umno leaders Khairy Jamaluddin and Shahril Hamdan, who remarked in their Keluar Sekejap podcast earlier this month that the government should limit houses bought for investments to address a shortage of affordable housing.

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news, nga kor ming, home investment, real estate, collapse, limits

Putrajaya would not limit anyone from buying houses for investments, as doing so could cause the collapse of the real estate sector and potentially affect about 200 related industries, says Housing and Local Government Minister Nga Kor Ming.

Nga was responding to former Umno leaders Khairy Jamaluddin and Shahril Hamdan, who remarked in their Keluar Sekejap podcast earlier this month that the government should limit houses bought for investments to address a shortage of affordable housing.

WATCH MORE: https://thestartv.com/c/news
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Keywords:
news, nga kor ming, home investment, real estate, collapse, limits

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