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Perceptions Of Young Professional In Malaysia: Homeownership Or Renting?

Table 2: Relative Importance Index (RII) of young professional: Buying vs. Renting

No. Aspects RII Rank
1. The growth of houses price could lead towards renting culture. 0.91 1
2. People tend to rent rather than buying a house due to the hike of house's price which is out of their affordable range. 0.88 2
3. Renting provide short-term commitment because tenants are bound to a particular period of contract payment. 0.79 3
4. Renting is a flexible option since, it is always easy to shift out of a rented accommodation. 0.78 4
5. Tenants have limited responsibilities towards rental property. 0.77 5
6. Renting is more profitable as tenants are free from paying property taxes. 0.70 6
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