Let see what FED decision once the QE2 end this coming 30JUN. Not sure which country will buy USA debt knowing that US might no able to repaid them, if FED decide to increase interest rate, this might lure other to buy in USA debt but other country will surely follow to prevent major economic crash (withdraw of foreign fund will result in some country financial vulnerable, but this action might also cripple the country economic if its debt is too high). Start another QE3 will spark a major hyperinflation where no other country can stand absorbing US overprint notes. No other country had ever flooded its economic with its own currency without crashing its financial system except US cause everywhere in the world do accept Greenback, that's why every part of the world is experiencing economic grow (mostly due to increase value of oil, commodities, properties... and not increase in factory productivity which suppose to solve unemployment rate and social instability) If Greenback collapse, the world will be drag along with it... Are we prepare for it...

For sharing

http://www.btimes.com.my/Current_News/BTIM...icle/index_html

with the increase in electric price, cost of raw material will increase as well. only a mega stock market crash will overturn the bull market in property.

Inflation starts to bite... I wonder when the petrol price will follow suit..

in 6 months?

Maybe. After elections, I predict.

That's for sure lah...after GE. But Q is when the GE will coming?

Petrol + GST sure fast2 come...

Government cannot hold petrol price and GST for long. It has limited power now given the changing global economic climate. Government cannot call GE after coz that will be akin to suicide for them given their unpopularity. So they will have to call GE first then only introduce the so-called reforms.

The recent decision to hold back RON95 hike is yet another sign that GE is near.. Don't you agree?

the classic move is little change now, do ge13.
if win, party time again until the roof drops.
if lose, let the next gomen deal with the big holes.
either way, some of them win, big time.

This post has been edited by AVFAN: May 30 2011, 09:23 PM

Whoever wins, I hope we are not the loser here...

No matter how the BN sure win lah.....but wt/wtout majority oni....

yeah i agree.. kampung + ulu ulu sure vote barang naik one...
only those in city got higher % opposition win..

Cost of Property Purchase RM300k but the bank valuation rm270k-
The amount need to folk up for 1st payment

What Is The Purchase Price Of The Property?* rm300k
How Much You Wish To Borrow (Loan Amount)?* rm243k(90% rm270k)
10% downpayment rm30k
Different from the bank valuation rm30k
MRTA Premium On Loan Amount(for myself) rm6359
Sales & Purchase Agreement Fees rm3677.50
Loan Agreement Fee rm4473.55


Total Required Amount Upon Purchase rm71510


* this infor i grap from http://www.fiscal-wise.com.my/FinancialToo...Calculator.aspx

omg.. the snp fee's and loan agreement fee's so expensive one ah... ><"

bbc says US housing market fall below even 2009 low, what this tell us?

Hmmm...
End 2008-mid 2009, US subprime crisis, Malaysia property rebound since then, -1 correlation of both mkt?
If US drop some more, will our property mkt hit history record high?

US house prices continue to fall
Why Malaysia house keep escalating? Property bubble.....

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Added on June 1, 2011, 8:42 amcan refer this site....US house prices continue to fall

http://www.bbc.co.uk/news/business-13598724

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Added on June 1, 2011, 8:46 amhttp://www.standardandpoors.com/servlet/BlobServer?blobheadername3=MDT-Type&blobcol=urldocumentfile&blobtable=SPComSecureDocument&blobheadervalue2=inline%3B+filename%3Ddownload.pdf&blobheadername2=Content-Disposition&blobheadervalue1=application%2Fpdf&blobkey=id&blobheadername1=content-type&blobwhere=1245305612764&blobheadervalue3=abinary%3B+charset%3DUTF-8&blobnocache=true

This post has been edited by felixmask: Jun 1 2011, 08:46 AM

This tells you a double dip.

Reason is simple, many people just gave up paying back the loan when the loan amount is double the value of the house. Buying a new house just cost half the price. The slowly increase in new housing data over the past few quaters tells you that. But forclosure market is getting worse because most of the US houses are made with wood and need regular maintenance and the house is in better shape when tenanted. House condition deteriorated fast when vacant and hence the value of the house took a nose dive.

When property bubble burst, it is going to take a very very long time to recover. Japan 20 years never recover, HK thanks to recent hike just reach 97 price, US double dip, yet to see the light in the tunnel. Even when the price did come back like in HK, the price is still not factor in inflation over the 14 years period.

For those without holding power, the gambling should stop now.

This post has been edited by KLsooner: Jun 1 2011, 10:56 AM

I still dun understand...
What is the relationship between US and Malaysia?
Different mkt, different housing anad monetary policy (subprime), different social structure, different lifestyle etc

Same apply to, when US housing sector is booming....how would it affect Malaysia? US mkt boomed fr 1999-2006, but we experienced the stagnant and dieing mkt
Perhaps monitor Asia mkt is more relevance lah

those ppl still believe prop is their asset.. that is y they BBB... some they reliase, but is too late as snp already signed... BBB is just build asset for developers... Prop over supply situation is the worse case, but many still make dun 1 to know or just ignore...