Either wait for it to drop or increase still the same, cannot afford now.

But, indications do seem to point that it will drop in the coming year or so.

True.

but my question to the speculators is, how they expect the price to increase without considering new comer's pay?

Where the increase coming from? Simply from more speculation then.

Yep, I have also always said, if it's for your own stay and you can afford it, go ahead too.

well, but if anyone bought it for "investment" and the price does drop, you know who to blame.

This post has been edited by TheDoer: Mar 7 2011, 10:29 AM

BBBBBBBB!!!

I think buffett's last phrase needs to be refined.

It's one thing to put families into the house of their dreams, it is another to put speculators into the investment of their dreams. $.$

You know we have this funny way of looking at the economy. We are engrossed with making it pick up, without considering what we put into it.

Sometimes it's nothing but hot air. An economy expanded with hot air eventually pops.


I'm going to open a new thread for this.
http://forum.lowyat.net/index.php?act=ST&f=153&t=1781776

This post has been edited by TheDoer: Mar 7 2011, 01:48 PM

OOT. This will reduce the money supply. But will it really reduce inflation?

I mean, even if cash is hard to come by, and the mamak, uses the same excuse that sugar naik, and increase his prices, and every other sectors followed. Then it would appear that inflation isn't effected, instead the lack money in the system will cause bank negara to print more money or reduce the SRR again?

I donno. Just asking.

Just great.

Now even the "aim lower" houses are going up.

This post has been edited by TheDoer: Mar 9 2011, 12:52 AM

hahaha


True.

If there is a 2nd gen, what's to stop there being a 3rd gen loan? when will it stop?

Our money is going to turn into monopoly money. You sell the house for 2 generation worth of money, and buy another for 3 generations worth. You then sell it for 4 generations, and buy another for 5 generations. Lol... seems like the number of zeros will become worthless.

Yes yes yes... let's fight for RPGT.

Agree

They can all go ahead and buy the speculated areas, just don't start speculating on the medium cost homes.

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Added on March 15, 2011, 2:00 pmNotes from Melaka: Previously there was all the hu ha about price hike. and houses all sold out.

Recently I saw in the megazines, there are some more unsold units from the projects I went to see half a year ago. lol.

Is this a sign of the lack of demand?

This post has been edited by TheDoer: Mar 15 2011, 02:02 PM

It's roughly the same price, I think. Can't remember it's been so long, I've thrown away the brochures.

But compared to a recent hot project which was "Sold out". The price is much lower.

All projects are in the outskirts of town. But they are in different areas, so this needs to be taken into account too.

This post has been edited by TheDoer: Mar 15 2011, 03:57 PM

100% loan, multiple generation loans, credit card application that doesn't require documents to prove your eligibility.

These all makes a mockery of our monetary system, not enough money? price of things increased by an extra 0? Borrow more lah.

These are what cause bubbles in our economy.

In a bubble, nobody really wins. We are just using hot air to buy things.

But yes, obviously the developers and spculators would have pocketed quite alot before the crash.

This post has been edited by TheDoer: Mar 17 2011, 02:10 PM

+1

Goreng, is another word for gambling. If you want to gamble, go to Genting.

There should be a Malaysian first, rule with property. Can you imagine what a sad country this will be if, all our props were bought over, and malaysians had to rent from them.

They should be charged with their currency not ours.

Their currency if their money is bigger.

Thanks for the correction.

He made your day by making a mock forecast? Why? are you worried that the bubble might indeed burst? If you don't like to hear us complaining, why do you come in here?

This post has been edited by TheDoer: Mar 22 2011, 11:46 AM

I can accept if you said last 2 years the bubble didn't burst.

But what you didn't realise is your forecast is as grim, as if there was an economy crisis.

Let's say you are right and everybody can only afford to rent, this will mean that the cost of living has gone up. The next generation can't afford to buy new props, unless they are extremely resourceful, or come from rich families, because props have become "scarce".

Is this really what you guys want?

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Added on March 22, 2011, 1:40 pmCome in here checking out whether props will drop. Because that's the only hope for us. That's what this thread is about isn't it?

You're so sure that props won't drop, and if you feel irritated by our comments, why do you come here? Simply to mock the poor?

This post has been edited by TheDoer: Mar 22 2011, 01:40 PM