95% of civil servants below 30 don’t own houses, says Cuepacs

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Cuepacs president Azih Muda says most civil servants cannot afford to buy houses due to the exorbitant prices. AzihMuda FMTnews

KUALA LUMPUR: Almost 95% of civil servants aged below 30 do not have their own houses, according to Cuepacs president Azih Muda.

He said this was because house prices were too high and civil servants could not afford them, adding most of them earned RM4,000 and below per month. “Also, about 75% of civil servants aged 40 and below do not have houses,” he told reporters today at the CIDB convention centre.Azih said although there were reports of many unsold units, these were priced at RM300,000 and above and, therefore, out of reach of civil servants.“The price of affordable homes set by the ministry is too high. It should be below RM250,000.”

He said, about 55% of the 1.6 million civil servants had taken loans from the Public Sector Housing Financing Board to buy houses.

 

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Tapi beli handphone dan kereta mahal boleh. Beranak banyak boleh. Lepas tu nak handouts. 😂😂😂 belajarlah smart sikit.

Lu mmg selalu lambat la... Baca baik baik apa rancangan kerajaan mengenai rumah mampu milik.

If you graduated at 22-24 that means after 6-8 years of work life. 6-8 years and you want to own a house? That’s not how economy works, even when you’re sucking the government’s blood.

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‘Almost 95% of civil servants aged below 30 do not have their own houses, according to Cuepacs president Azih Muda. He said this was because house prices were too high and civil servants could not afford them, adding most of them earned RM4,000 and below per month’

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