Tat why, a lot of people still thinking the old man is god like Sai baba.

You don't know how much damage the old man did to the country because of own ego.

Things chance 20-30 yrs policies cannot pakai lagi. Still want to hold on to Potong. All kena potong already lah.

Apanama Kasut dalam mulut.

i think everybody is in real deep shit already if car debts are > property debts!!!
since most people are saying the ridiculous pricing is due to greedy speculators, let them burnt right? me? am looking forward to buy myself a home. a home, not a property. still hunting since beyond my reach.
GE? bring it on!

oh yeah, have never buy a car before too. cannot afford to lah. the installment for a car is more than installment for a property (per month basis).
but my current ride is really jialat liao lah. >15 years old and starting to give me problem after problem. push comes to shove, i would need to get myself a potong liao since it's the most 'value for money' ride and shows my patriotism!

I think u can wait to buy at a good price if
you are not in hurry to own one.
Wait for the next economic slump, only if
u can wait....

Kerajaan diminta menjelaskan perangkaan inflasi negara yang tenat di sebalik pengukuhan ringgit berbanding dolar Amerika.

Setiausaha agung DAP Lim Guan Eng, yang juga seorang bekas akauntan bertauliah berkata perkara itu bercanggahan dengan norma ekonomi.

NONEHujah Lim, pengukuhan matawang negara lazimnya membawa kesan kepada dua perkara - mengurangkan daya saing industri eksport negara dan mengurangkan inflasi kerana barangan import telah menjadi lebih murah.

Namun, yang anih apabila ringgit semakin kukuh, tiada tanda-tanda bahawa kadar inflasi akan berkurangan.

Lim berkata berdasarkan perangkaan kerajaan, kadar inflasi sejak tiga bulan lalu dicatatkan pada kadar 2.8 peratus.

"Kenapa kita tidak lihat harga barangan turun tetapi tetap BN atau barang naik? Adakah awak lihat harga tepung susu turun. Semua ini diimport.

inflation"Kita adalah rakyat yang bertolak ansur. Kita beri sebulan lagi untuk harga barangan turun. Jika tidakj kerajaan mesti berikan jawapannya,” katanya pada sidang akhbar di ibu pejabat DAP di Kuala Lumpur.

"Entah mana silapnya, ke mana wang untuk pergi?”

Semalam, ringgit ditutup pada paras tertinggi dalam 13 tahun iaitu RM2.995 berbanding dolar Amerika yang turut merudum berbading matawang antarabangsa yang lain.

Malaysiakini

isn't it just sad that for every dollar that anyone on earth is paying, they are getting probably 70 cents worth of it.
but for every malaysian that's forking out a dollar, they are probably getting 20 cents out of it.
so where did the 50 cents go?

That is true. I think it's also because salaries are stagnant and property prices are high.

My brother and I are took the same career path but he is 12 years older than me. When he graduated, with his salary he bought a civic twin cam turbo (days before proton). When I graduated all I could afford was a kelisa. My brother's first house was a double storey terrace house while mine is a studio apartment. I'm not doing that badly career wise but certainly when it comes to salary vs spending power my brother was much better off when he was my age.

I'm not hoping the property bubble will burst because the last thing I want is for malaysians to start losing their homes and investors that don't have the holding power to start getting bankrupt. But I am hoping that salaries do increase. I know that's a tall order

goes to 'Barisan Najis' govt cronies

This post has been edited by it.fusion: Apr 27 2011, 09:09 AM

Went to company such as Tcubes, Potong, PLAS...

so if i do buy a potong, then every dollar i spend, is worth 70 cents???!!! since 50 cents also going to them in the first place!!

potong quality like crap !

not even worth the 50cent

the difference is even more pronounced if your brother is >20yrs older!
the explanation is well known - the seeds for wealth were not not planted properly but either squandered on bad soil or stolen outright.

given the adamance not to admit it and change, this condition will persist. mysian's used to wonder why filipino nurses with basic degrees come to work here as maids. the day mysians go abroad to work as maids and coolies is not an impossibility. unless you have strong fama bank support, the future isn't bright for the younger gen, that much is clear.

This post has been edited by AVFAN: Apr 27 2011, 09:37 AM

thats the reason why government is more keen to transform rakyat's income to high income, rather than controlling property price

This a have to agree
If ur brothers time come out work if batu puteri condo pj only rm160k

like i said many many times.
property prices ain't the problem.
purchasing power or lack of it and low income is the main culprit.
and don't even get me started on the source of it.

i reckon the next thing that happens will be increase of rental

back to one of my shitty idea?!

I f you compare rental rates of property compare to their value, renting is more viable. The owner can't even cover the interest alone

increase or not is not depend on property prices, but depend on the demand at that location...

---

Added on April 27, 2011, 10:28 amat least should be able to cover interest rate... if not the landloard is the most stupid person in the world.. because rather they put $$ into bank..

This post has been edited by sampool: Apr 27 2011, 10:31 AM

investor who bought props b4 it started skyrocketing.. is able to cover the interest rate..
those who buy new props now.. confirm kenot cover the interest rate.. new props now was like

Unlike in a big way as same as pace of properties price.

Rental market is rather weak.

Properties price surge so drastically, has a lot to do with cheap money available, extreme low interest (make people withdraw saving/FD to invest in properties), inflation (eat up people saving).
Properties price surge is not because rental market is good nor rental yield is good which lead to people invested in properties.