Economics, Econometrics and Finance
3 years ago

GDP Growth Rate Linked to Housing Prices in Malaysia, Unemployment Not Significant

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Macroeconomic determinants of housing price in Malaysia / Jeslinna Julan Tungki
Jeslinna Julan Tungki

Paper Summary

The article examines how factors like unemployment rate, labor force rate, GDP growth rate, and inflation rate affect housing prices in Malaysia from 1988 to 2017. They used statistical tests to analyze the data and found that only GDP growth rate has a significant impact on housing prices, while unemployment rate, labor force rate, and inflation rate do not.

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