SIX YEARS (1999-2015) OF ESCALATING HOUSE PRICE: CAN FDI BE BLAMED?
Journal: PLANNING MALAYSIA
Year: 2017

In Malaysia, house price has increased drastically. Problem arises in areas that received relatively lower number of FDI. The house price in these areas accelerated at growth which are somewhat equivalent to areas which benefit from FDI spillover. As the relationship between FDI and locals’ well-being is becoming crucial due to the escalating high price, this paper intends to examine the long-term impact of FDI on house price in Malaysia. Our long-run estimation results showed that FDI inflows h