Opening up the Finance Ministry to complaints from unsuccessful home loan applicants would result in banks being scapegoated, said Rembau MP Khairy Jamaluddin.

Referring to Lim Guan Eng's speech yesterday, Khairy said the finance minister appeared to be putting the blame on banks for home ownership woes.

Khairy said the real problem, as reaffirmed by a recently published Khazanah Research Institute paper, was that developers failing to meet market demand for cheaper homes...