Houses are indeed a need to everyone and not a luxury. Men need houses or shelters in order to protect themselves from the rain and the sun. All newly married couples wishes to have a new house of their own. The demand of houses is always high because everyone wants to have houses of their own. As our population grows, accordingly the demand of houses also grows. The demand of houses increases as our population increases. As our population grows, the area of land to built houses decreases and the price of land increases. As the price of lands increases, accordingly the price of houses also increases. In some cities such as Hong Kong and Singapore, the prices of the houses are very expensive. In those cities, people are forced to live in high rise apartments or flats, instead of houses. High rise flats or apartments are built in those cities in order to compensate for the increase in population and the decreases in land areas. In those cities, prices of the houses are very expensive and only the super rich can afford to live in houses. In Malaysia, particularly in Kuala Lumpur, the prices of houses are soaring high. An average income earner will not be able to buy a house in Kuala Lumpur. (more…)
