there is no apparent direct relationship. however, as someone already pointed out, usa'a qe/qe2 of >1.5 trillion has the world capital markets flooded with cash. undoubtedly some has made their way here and affected how our bnm set monetary policies.

maybe another thing to take a cue from usa's continued prop price depression - a crisis hits when most people do not expect it and when it does, it can be far more damaging than initially thought.

SURE BOH

well, usa give out subprime loan & they kena subprime full effect
their bankers package those loan & sell it as cds internationally, so international bankers kena effect too

is supply more than demand or the other way round? tis peak bubble teori by most of the pessimistic forumers is based on..? I agree there r up & down BUT we in a cycle la the yr 2008 crisis is not even 3 tahun

1) By March 2009, Najib was talking about 60,000 unemployed graduates. This was more or less in line with the 57,701 graduate registrants on the Exchange in March 2009.
http://anilnetto.com/democracy/workers-rig...es-in-malaysia/

2) Selangor’s high population growth rate and high housing to living quarters ratio suggests fundamental support for housing price increases
http://econsmalaysia.blogspot.com/2010/12/...010-report.html

3) The UK property market has hit rock bottom and will begin to turn around ahead of Christmas, it is claimed. But the recovery will be slow rather than a return to boom and bust, according to the Centre for Economics and Business Research.
http://www.dailymail.co.uk/news/article-13...o=feeds-newsxml

4) Financing conditions remained supportive of economic activity. The ready access to financing, relatively low cost of borrowing and ample liquidity in the financial system supported the demand for financing from both the private and
public sectors.
http://www.bnm.gov.my/files/publication/ar...xec_summary.pdf
http://www.bnm.gov.my/files/publication/ar..._table_A.04.pdf
http://www.ilo.org/wcmsp5/groups/public/--...wcms_101733.pdf

The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money.

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. Old Turkey was dead right in doing and saying what he did. He had not only the courage of his convictions but the intelligent patience to sit tight.

Disregarding the big swing and trying to jump in and out was fatal to me. Nobody can catch all the fluctuations. In a bull market your game is to buy and hold until you believe that the bull market is near its end. To do this you must study general conditions and not tips or special factors affecting individual stocks. Then get out of all your stocks; get out for keeps!

Wait until you see -- or if you prefer, until you think you see the turn of the market; the beginning of a reversal of general conditions. You have to use your brains and your visionto do this; otherwise my advice would be as idiotic as to tell you to buy cheap and sell dear.
http://emergingthemes.blogspot.com/2008/09...-livermore.html

For those hoping property price up
They will just concentrate on whatever report / data / trend chart to support themselves
Same goes to those hoping property price to go down.
No right or wrong here
Just purely to make oneself feeling better.

of coz, earning the moolah in real cold hard cash & enjoying the fruit of capitalism is much better than syiok sendiri to make oneself feeling better. BECAREFUL those report / data / trend chart is time lagging

actually the bubble in yrs 2008 is started in 2006.. just the country close here and there.. until banking sector banktrupt on ppl realize...

bubble the next.. is forming maybe more earlier...

The realistic is until now, the prices of properties are still trending up.

since 1980an.

yes, but there r many pessimistic peak gloomers around
they need to check with their datuk & nenek
if they could turn back time, would they have bought prop with their savings or take some loan to finance it

if u ask them... 100% will said REGRET to BUY... But, during that time they hv many children to take care all need makan2.. But, now some gorenger is unmarried or no child to take care.. dare to fail..

life is all abt taking risk, the decision to do or not to do, would depend on ur own experience & balls
the younger u r, the more risk u can take. even if u lose it all, u can work as coolie. if old liao, better dun la

When Mark speaks, I listen.

http://articles.economictimes.indiatimes.c...ius-derivatives

But over in My, stupid local politics will be the main factor how it going to swing. Oh, they play v your money and my money mah.

Go some wind things might not look so good after GE 2012-2013. 2014 beyond? Nobody knows even Oxford Business school understand reduce they previous teaching from 10yr planning to 5 yr planning and now down 3 yrs planning. Thing changes too quickly.

My colleague told me. Do not worry about buying expensive property.
Buy and pay down payment of 10%. Then do not need to pay the bank loan until construction complete.
After construction complete harga rumah akan naik lagi. Already untung.
Then rent out to tenant so tenant help to pay the monthly loan. Profit again.
Then few more months. The harga will go up berlipat kali ganda. Then can sell. Profit.
Betulkah?

What, you must be referring to condo above 1 mil, spend additional 10% to make into showroom.

This is not overvalue but overspending if your NEW condo below 500k.

That's the kind of peer pressure that get many into financial trouble incl. own sibling. Hope Singapore 'reno freak' culture not spreading into M'sia.

Certainly you don't want to work for the bank for the rest of your working life, do you?

This post has been edited by Bobby C: Jun 1 2011, 05:05 PM

this thread is gonna go off track from prop but challenges r alwiz fun U all know la wat happens then anyway, mark tips on risk is goodie
http://www.controlledgreed.com/2006/12/mark_mobius_200.html

Mark Mobius: 2007 Good Year for International Equity

Well, it's the time of year when the press is full of predictions for the next one. Some are more worthy of our interest than others.

One guy I enjoy reading is, as you know, Mark Mobius. Not because I'm big into emerging markets investing. I'm not. But because he applies a bottom-up, value approach to an area populated by momentum players.

Mobius addressed the Reuters Investment Outlook 2007 Summit in New York from Dubai. He said a flood of money being sent overseas by American investors, reasonable equity valuations and worldwide optimism all point to 2007 being another good year for international markets.

Mobius also stated that hedge funds, private equity money and institutions have supplied international markets with plenty of liquidity. He believes global markets on the whole haven't reached bubble territory

http://valuestockplus.net/2007/07/15/inves...by-mark-mobius/

“Do not be afraid of taking risks. Without risk there is no way your portfolio can achieve superior investment returns. Risk is everywhere, it is something that appears dangerous not only to you but to everyone around you. But, at the same time, risk-taking must be carefully planned and researched so that your chances are better than 50/50. This is not roulette.

he is number 3 ppl i heard there will be crisis in year ahead loh...

Yeah... i reach 1,000... forget to celebrate..... Yeah!!!!!!!!!!!!!!!!!!!!!!

This post has been edited by sampool: Jun 1 2011, 05:16 PM

encik mark prediction for yr 2007 is global markets on the whole haven't reached bubble territory. his prediction for yr2008 lagi best do note date of article & check timeline of chart for dow jones etf
http://articles.economictimes.indiatimes.c...mobius/recent/4



Credit trauma could be nearing end: Mark Mobius
April 18, 2008 | By Bloomberg
Templeton Asset Management's Mark Mobius said the credit market crisis that's caused $245 billion of losses at banks and brokerages is "near the end". The fund manager, who oversees $47 billion in emerging market equities, said he has been buying shares of banks including Bank of China and Industrial & Commercial Bank of China. Malaysian equities are also becoming "more and more attractive", he said in a Bloomberg Television interview on Thursday. The MSCI World Index has gained 8.4% since closing at a 17-month low on March 17 after JPMorgan Chase & Co rescued Bear Stearns and the Federal Reserve cut rates to shore up confidence in the financial system.

'Impact of US subprime on markets over'
September 13, 2007 | By AGENCIES
SEOUL: The impact of US subprime mortgage losses on global markets is 'over' but the economic fallout may last another 'three to four years,' according to Mark Mobius, managing director of Templeton Asset Management. "You must separate the economic impact and the stock market impact," Mobius, who oversees $38 billion of emerging-market assets, told reporters in Seoul on Wednesday. "The stock market has already discounted all of the subprime problem. " Concerns of widening credit crisis, sparked by losses on US home loans made to higher-risk borrowers, would derail global economic growth had triggered an equities selloff in July.


This post has been edited by sulifeisgreat: Jun 1 2011, 05:29 PM

Again.
For those hoping property price up
They will just concentrate on whatever report / data / trend chart to support themselves
shiok nya...

The same article also said:-

“Make volatility your friend. All markets are volatile. They are like a combustible material. You can warm up gasoline to a certain temperature but once it reaches its combustion point all hell breaks loose. The market is a little lik e that. The difference is that the market survives to see another day. But these market explosions give us an opportunity to sell high and buy low since the manic-depressive nature of markets means that they will rise a heck of a lot more than they should and fall a heck of a lot more than they should too.”


I met one smart alec entered in early 2009 bought 6 units, sold all in late 2010 making cool >1 mil hard cash. These are the champ. Glad didn't take the bite from her in 2010. Stay cool, opportunities always around.

those r prop flippers & yes opportunities r alwiz around if take the effort to look for it
abt the market.. its just like standing on the beach & letting the waves come touch ur feet & then the wave roll back out again. no point trying to chase the wave

if u open ur eyes & really look around
property price is really up, I did not hope for it, its true
u can concentrate on whatever report / data / trend chart to dream it wil go down
shiok nya...

very good and long debate over the property prices.
thanks to all for their contributions, i learned something new

Personally, i don't see the property prices going anywhere but up.
Seriously doubt that a PJ house is going to depreciate by 20-30% within a year or 2. A more likely scenario is that the property is going to appreciate by 10% over the next 6 months.

if prop price dropped, many sectors will suffer (includiing your job), but we can buy prop at lower prices.
If continue up, flipper and developers will win but mid income ppl will suffered. (can not afford and continue to rent or live with parent)

which scenerio do you prefer?