there won;t be any "real investor" left. No one will put say 1mil hard cash on a 1mil prop, and expect 20% or 30% return on 3rd year........

it may not be a good news for flippers, that's for sure...but it might not necessary be good news for homeowners too.

every new launches...developers know that they need flippers to support their biz. well known developers have many followers....so as high as 90% followers....basically they don't even need public launches (usually for show only).

assume, no flippers buying...so what will be the next best steps for developers to do?

- still sell as normal, will take longer time to sell, hence....price increase....more expensive homes....
- launch in smaller batches...but this costs more on ads and admin cost...beside, land holding cost and other incidental cost......also can't get "good deal" from bankers and legal panels (bcos of smaller transaction)......what does this means? YES, more expensive homes.

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Added on May 14, 2011, 8:40 amdun think it's so much to do with price increase......

turn back clock 30yrs, link houses then 7k or 10k only.......should we be complaining about cann't afford houses even 5 years ago @ 200k?

these days, youngsters got spoiled lah...everything also want new, from cars to toys to adult toys....most riding on FAMA banks, well fed, fully supported education. All these no thanks to good malaysia economic progress in the last 40yrs.....

when they came out on their own without mammy and daddy supports, and can't affort to buy their dream homes to call own....then they cried loh......asking for help.............

This post has been edited by BEANCOUNTER: May 14 2011, 08:40 AM

have you came across your thought that these are the kids that goreng properties using parents hard earned money?

and brag about what a well done job they have done?

it's OK if you don't get what I meant.

not here to educate the rich parents or the brats.....just passing comments.

i think the assumption of MRTA is a waste of money is NOT true.

Your life insurance doesn't cover your unpaid housing loan. However, if you have a hugh life insurance cover....and enuf to cover all outstanding loans and future welfare, then it's a diff story.....

or you have other liquid assets that can cover the unpaid loan....

I would say that MRTA is good if you have young family and they rely on you solely to meet the housing loan repayment. It's a form of assurance, nothing more, nothing less.

for investment property, of course MRTA is not useful.

i believe the new condo launches in Puchong+BJ+OKR in the last 2-3 years are also in the shocking numbers.

The problem is just moving from MK to other areas...