Housing Satisfaction among the Young Renters: An Empirical Study on Housing Conditions, Housing Security, Housing Environment and Institutional Support

The poor quality of housing facilities and incomprehensive housing policy can lead to residents’ low rental satisfaction. This paper explores housing satisfaction among young renters, focusing on critical variables such as housing conditions, security, environment, and institutional support. The study population is focused on young residents living in Selangor and Johor. The study uses questionnaires as a research instrument, and the development of research instruments for this research is divided into two stages, namely the pilot study stage and the actual distribution stage of the questionnaire for 350 respondents. The findings found that young renters are generally satisfied with their housing conditions, housing environment, and institutional support, while housing security was insignificant in affecting satisfaction. The main implication of this study is the importance of analysing the factors that could determine the satisfaction towards rental housing from a multidimensional perspective to help plan housing policies and strategies to become more effective and conclusive for the younger generation’s well-being. This research also provides a better understanding of the demographic factors affecting house renting satisfaction. The results of this research can be used as a basis for formulating housing policies that consider relevant aspects such as housing and renter factors.