So price for me is still going up and just paid earnest money for 8th property.
This post has been edited by jasonhanjk: Feb 22 2011, 10:50 AM
Financial Are property prices going to drop? V2, The heated debate continues
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 Feb 22 2011, 10:49 AM
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#1
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1,068 posts Joined: Jan 2007  
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Just increase my rental by 10% in JB. Property price will drop if rental is not sustainable.
So price for me is still going up and just paid earnest money for 8th property. This post has been edited by jasonhanjk: Feb 22 2011, 10:50 AM |
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Feb 22 2011, 10:01 PM
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#2
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QUOTE(sampool @ Feb 22 2011, 12:27 PM) actually in year 2002, they is ppl in US so call richdad (his book prophecy) already predicted there is crash in market in year 2012.... That is the stock market crash caused by withdrawing of the 401k by the baby boomer. By law they are required to withdraw when reach a certain age. Kiyosaki already predict Lehman will have problem in 2007 / 2008. So this year he predicted the fall of China and a second wave of sub-prime. Added on February 22, 2011, 10:20 pm QUOTE(prody @ Feb 22 2011, 03:55 PM) V1 is giving some interesting information. Quote for truth. As properties keep going up, people start to be aware. Now wait for euphoria.Simple check tells me that either people are getting more fed up with property prices and/or speculators are trying harder to defend the high prices. Time it took for 500 postings in v1: 0-500: 551 days 501-1000: 250 days 1001-1500: 65 days 1501-2000: 45 days 2001-2500: 42 days This post has been edited by jasonhanjk: Feb 22 2011, 10:20 PM |
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