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 budget 2010 return of real property gain tax ?, 5% property gain tax from jan 2010

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mIssfROGY
post Oct 24 2009, 06:24 PM

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actually goodnews for those who wanted to just own a house....these "speculators" and "so-called investors" have been driving the prices so high these days...most of us are not able to afford a decent house at a decent price.....

Sorry if i stepped on somebody's tail...but the current prices of even a uglee double storey is CRAZY
mIssfROGY
post Oct 25 2009, 07:15 PM

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hmm...not sure sure whether its so bad news for the buyers......i mean ya sure now sellers can jack up the price and all to cover the 5%.....but how many can really afford these prices? Many are buying without having "real money" What about when the banks starts to increase back the interest rates....how many of these sellers are able to "keep" up with their loans? They can afford the current rates....are they ready for the increased rates?

just a tot....ignore me
mIssfROGY
post Oct 25 2009, 09:52 PM

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QUOTE(gamenoob @ Oct 25 2009, 09:41 PM)
The issues if they have realmoney or not to sustain the holding power has nothing to do with the rpgt. The reduction in selling price on subsale is unlikely to happen because it's only 5%. the sale out will only happen if blr goes up by 2-3%. On want basis will u think the govt want to Jack up the blr and create a meltdown? That would be one serious fatal move. And with ur loan agreement signed with reduction of 2.x% that give a lot of investor holding power.
So I reiterate the sale out or meltdown will not happen with rpgt. So ur mooted points can be ignored as u wanted. Intact brace urself for a higher subsale price. Those seller dupe into quick sale are fools who did not know what they doing. Investor like this always exist. Ill informed and misguided.
*
Nah..i didnt say that rpgt will create a meltdown.....i am adding all factors. Sorry when i said interest rates, i really meant blr.....
Oh well...yea...lose hopes...not gonna happen...sad sad sad blush.gif

 

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