A Conceptual Paper on The Link Between Homeownership, Subjective Well-being, and Wealth Concepts

Mulyadi, - and Nur Zaimah, Ubaidillah (2022) A Conceptual Paper on The Link Between Homeownership, Subjective Well-being, and Wealth Concepts. In: 10th International Borneo Business Conference 2022 (iBBC) 2022), 19-21 September 2022, Raia Hotel & Convention Centre Kuching, Sarawak.

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Abstract

The study of homeownership impacts on household wealth and economic development has commonly used the concept of wealth, which is limited to monetary indicators. Cultural perceptions and subjective well-being (SWB) have not been considered in determining the concept of household wealth to achieve the goals of modern economic development. This paper sees a relationship between cultural perceptions, SWB, and the concept of household wealth. The new paradigm is explained by incorporating cultural perceptions and SWB that broaden the meaning of household wealth. As a consequence of applying this new paradigm, the concept of household wealth used to analyze the impact of homeownership will vary. The difference is determined by the cultural perceptions that grow in the selected object of the study.

Item Type: Proceeding (Paper)
Uncontrolled Keywords: Homeownership, Subjective Well-Being, And Wealth Concepts.
Subjects: H Social Sciences > HB Economic Theory
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Faculties, Institutes, Centres > Faculty of Economics and Business
Depositing User: Gani
Date Deposited: 16 Jan 2023 02:21
Last Modified: 16 Jan 2023 02:21
URI: http://ir.unimas.my/id/eprint/41118

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