This might be a tricky question. Should we think higher income makes homes more affordable? Or property affordability drives property demand? In other words, this is like a chicken and egg question. Home prices should come down first so that people can buy or people should earn a higher salary first in order for them to buy?
If only we have higher salary today, then we can buy property earlier, right?
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The Kuala Lumpur Neighbourhood Where Buying Costs RM1,372 Less than Renting: Juwai IQI
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