Do you guys feel property price surged too high in sudden for last half a year? Whereas salaries wise din c much increase.
Too many punters? Inflation?
KL / PJ area property surged too high recently?
KL / PJ area property surged too high recently?
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Jun 18 2010, 11:28 PM, updated 16y ago
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#1
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132 posts Joined: Nov 2006 |
Do you guys feel property price surged too high in sudden for last half a year? Whereas salaries wise din c much increase.
Too many punters? Inflation? |
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Jun 19 2010, 10:12 AM
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#2
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132 posts Joined: Nov 2006 |
Such a property price increase with not supported by income growth, first timer buyer and new investor with less experience and backup shall be careful.
Whether is bubble or not, time will tell. Anyway, agent, lawyer, and developer is sure win parties! As of oversupply of units on renting market, as long as they managed to secure the tenant and generate positive cash flow, i believe owner still will hold and hope for property appreciation. Once it no longer owner realize they had suffer the negative flow, it might kick start a panic market and sell. Europe crisis is kinda quiet for sometime and not really resolve yet, silent is dangers. This post has been edited by return78: Jun 19 2010, 10:21 AM |
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Jun 19 2010, 10:23 AM
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#3
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