Financial Are property prices going to drop? V2, The heated debate continues
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 Feb 22 2011, 02:06 PM
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#1
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid  
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sure boh?
 v2 liao alredi? theory & practical is 2 different things  when reach v20we can look back at all this thread & say 'damn, should hav bought, since we going to high income status, sure up' I am a speculator & like gambling  izit good idea put excess duit into fd & earn peanuts  if age 70, its good idea remember scared money earns nothing. better get something, than hav nothing, do make sure its affordable  |
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Feb 22 2011, 02:29 PM
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#2
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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irregardless of high income nation or wateva, property prices r not down
 tis debate will go to v2020 & ur cucu might learn from it  now, where is the bubble? if bolehland banks have strict lending standards we r not the usa giving out subprime loans  while u guys debate, I'm buying  properties is a good inflation hedge, but do stick to ur own analysis |
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Feb 22 2011, 02:42 PM
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#3
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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aiyo, when market down & property not move much during the previous pm era
rakyat complain, wan hope & change, govt abolish rpgt & invite ff in & relax the standards for them now market up & property up, rakyat oso complain  got mrt, oso bising, bantah here & there any complain king who had not gone thru a recession eg. 1998 financial crisis, u hav no idea wat it means bank is takut to giv loan, job is uncertain & int rate is high if it really happens, do u even hav 6 months standby savings to ride thru it  or u gonna invest? QUOTE(sampool @ Feb 22 2011, 02:34 PM) if this is the price we need to pay for v2020...nothing need to be proud of....  |
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Feb 22 2011, 03:44 PM
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#4
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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as the heated debate continues. one side, go iproperty, make calculation, survey area, calculate affordability & do a nike
I got a fren, had a double story freehold house in puchong, near sri kesidang apt he sold for 350k & keep in fd coz expect bubble to explode few years back now... cry oso no use la. alredi told him to keep it & rent out, even though the rent kenot pay the loan at tat time now it is in fd & he await the bubble. the property price, as a hedge against inflation, did its job but without the owner another side, read all the doom, gloom & negative report to back up each negative with another negative report meet up all the negative & complain king frens over teh tarik in new developed areas topic is y got rakyat still buy property, they talk on kura-kura & arnab story. they r willing to wait & wait & wait  however, things which they can see with their own eyes moves up. alas, the kura-kura & arnab story is jus a story time to get back to reality, nasi lemak price over 50 years ago is alwiz up (do check with nenek) due to inflation |
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Feb 22 2011, 03:52 PM
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#5
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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relax, take some time to digest the prop info as per affordability. never do things in a rush
 eg. buy property tomolo or nex week is rush! analyse it but do not take too long QUOTE(sampool @ Feb 22 2011, 03:48 PM) ok lah, let me burn one altis loh.....  |
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Feb 27 2011, 10:24 AM
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#6
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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good news & bad news  bad news is when lots of moolah floating around, it means inflation goes higher, to kill it, theoretically interest rate need to increase good news is buffet said in his annual letter to Berkshire Hathaway shareholders Saturday that he still believes America's best days are ahead http://www.thestar.com.my/news/story.asp?f...415&sec=apworld the market & property prices has been up for about 2 years & buffet says "We're prepared," Buffett wrote. "Our elephant gun has been reloaded, and my trigger finger is itchy." means those who r still in waiting camp is gonna hav to extend their waiting time further, once the elephants utilise their funds which is sitting in fd, u guys need to write to him & tell him to stay negative. dun care wat is happenning to the world. most vip is u mus get affordable property » Click to show Spoiler - click again to hide... «
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Feb 27 2011, 01:33 PM
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#7
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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talk abt co-relation between oil price and property price oso no use. u guys will say macroeconomic & political does not affect ur mindset
in layman terms, most manufacturing & production co uses oil to convert raw material to finished goods... izit? the last time oil crisis jack up prices yr 07/08, most developers dare not increase price & absorb cost, coz economy weak tat time now tat things seems fine, its ok to recover cost & jack up prices of coz when oil come down, price won't down. it'll be use as profit & keep into reserve for the next oil/ economic crisis since co practice having savings fund, do u guys oso hav standby emergency funds? so the waiting camp, pls wait longer & put more moolah into fd, since the int rate kenot outpace inflation |
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Feb 27 2011, 02:35 PM
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#8
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1,121 posts Joined: Oct 2009 From: transiting asteroid
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obama gonna lose yr 2012 election & his socialist policies is being dismantled, then theoretically usa can continue their capitalism policies
 wat abt all those new graduates who join the work force every year, they wil work hard to afford their own property after few years those who waiting can compete along with them, I m sure every year there is only 50 graduates per year joining the work force  |
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Mar 1 2011, 10:35 AM
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#9
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1,121 posts Joined: Oct 2009 From: transiting asteroid
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I know macroekonomi affects economy eg. oil price, usa int rate & etc
as microekonomi is the result of it eg. the complains being mentioned here if u guys insist on looking at micro & no macro, up to u lo who wanna install york aircond in their tempurung? |
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Mar 1 2011, 11:31 PM
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#10
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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how long it took to get tat report out? some developers had alredi been giving freebies many moons ago
tat itself was a sign of mini desperation, but most units sold out very fast, so semuanya ok hearing about inflation is one thing, doing something about it is another even tho usd is dropping due to qe, china stil put hope on usa, if anything really bad happens, usa will alwiz be the safe haven http://online.wsj.com/article/SB1000142405...1499039068.html if u wan the inflation party to end, wait usa increase int rate, since no signs yet, means party still on |
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Mar 2 2011, 01:24 PM
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#11
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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y wan to wipe out speculators?
we dun wan put moolah in fd earn peanuts, so we put moolah to hard work when u guys were wetting pants coz recession is alwiz an opportunity now the warren buffet wanna use his elephant gun 2 years ago, we speculators alredi using all our gun + water gun liao to buy, buy & buy so now u guys late to the party & wanna blame speculators? |
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Mar 2 2011, 03:33 PM
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#12
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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"they've rushed to the life boats first, and now teasing us, aboard them"
 the thread started on 13/7/2008, pls refer the yahoofinance graph for timeline explanation Post #1188 http://forum.lowyat.net/topic/741185/+1180 beginning year 2008 market shows sign of cracking, wat were u guys doing? enjoy york aircond in tempurung! I alredi run to the life boats (ie. cut loss) and absolutely no idea wat wil happen nextif I tell u to run to life boat at tat time, wil u follow then or u tease? ending yr2008 early yr2009, market totally cracked, tis is call OPPORTUNITY, since alredi sold earlier at tat time, most of u wetting pants & no idea wat happening most would be asking, to spent savings or to add more savings, but wat if the worst happens now yr2011 only u guys come to the life boats, wat u wan me to say? alredi say to buy so many times, u all say no & say the worst is yet to come those who do their proper planning irregardless of wealth will survive. someone said even flats price went up 
QUOTE(CKHong @ Mar 2 2011, 01:39 PM) what do u mean by "late to the party" ? we're not trying to join the speculators group but still.. not my intention to wipe out speculators.. we need them.. cus they help us to push the economy.. so when bubble come.. half of them will like [half yeah.. not all.. better state out if not later some will say " CASH RICH ONE WILL SURVIVE "] then all of us [poor ppl] will like  |
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Mar 10 2011, 10:48 PM
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#13
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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those complain king who likes to blame speculators. u must ask urself, how do I generate income?
for those who r aware of fannie mae & freddie mac story http://www.youtube.com/watch?v=cMnSp4qEXNM "Government mortgage companies played a pivotal role in the financial meltdown by handing out high-risk loans to families who couldn’t afford them." Rep Boehner its bcos the minorities & those poor unfortunate complain kings in usa requested the political to help them get a house with that facility, those poor souls buy & refinance & get so many properties the bankers can't stop their loan application or kena penalty by the govt we hav begin step 1, now just need to ride it & dun fight the bubble trend it takes time for bubble to grow & 2 years too short la since we all know 220k prop is not much, the govt may need to reamend it to make those complain king hapi later on, many decades later, all of us will kena too bad kenot short csell cagamas even tho its a berhad  time to reopen futures ac in klse |
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Mar 11 2011, 01:47 PM
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#14
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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we can hav wishes & be dream chaser, but facts r stubborn things
how long wanna chase dream?be a dream achiever la & learn to adapt step1, stop be complain kingbut step1 is alwiz the hardest step & takes the most effort “The most important thing we can do is teach them (poor people) how to help themselves and help them get rich through hard work,” Zong Qinghou, the founder of China’s largest soft drinks maker Wahaha http://www.whatsonsanya.com/news-15219-chi...ng-poverty.html |
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Mar 15 2011, 05:31 PM
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#15
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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the market drop won't make property price drop
oil prices has been increasing & its side effects r all the related industries kena & inflation naik all this current negative macroeconomy, would just dampen demand for a short while only to kill it, need to increase int rate, along with it goes ur job & increment  http://www.cmegroup.com/trading/energy/ |
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Mar 15 2011, 08:52 PM
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#16
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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it does make sense, once the greater mrt is completed, with option for future mrt extension
developers hav the incentive to build further from the city, develop land & save bkt beruntung unless u can confirm u r the last batch of grads in bolehland & fully ENTITLED to PLC 'pheng, leng, cheng' those new grads do not hav a choice, so they wil take up tis scheme u mus remember, every year, there r new grads cuming out to work now & in the cuming years, there wil be more if u delay purchase, the future grads wil join u for company, thencan be jiran or kawan baik in the future buy now, accept fats, struggle a bit with loan  once omv increase, refinance, buy new prop & repeat process dun u guys jus hate speculators, blaming us instead of inflation is goodie. now u can tell ur nenek how prop price increase |
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Mar 16 2011, 10:40 AM
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#17
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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when I bought condos back few years ago, it was abt 280k, now going for 450k
 of coz can be negative & sell, while wait for bubble explode, due to our own fannie mae & freddie mac ain't it better to be optimistic rather than pessimitic expecting prop price to be stabilize by then QUOTE(cranx @ Mar 16 2011, 02:03 AM) hi sifu, you seem very optimistic about malaysian property. looking at the average middle class condominium is trending towards RM400k or more. what do you think the price will be like in 2 years time? |
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Mar 16 2011, 03:20 PM
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#18
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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More money, more confidence.. more lansi, forumers NO like! they prefer all poor & get everything PLC for minimal fees
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Mar 16 2011, 09:54 PM
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#19
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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u think badawi announce mrt will be made available to rakyat, then next day sudah ada ke?
it takes time to do planning, surveying, cutting the cake anyway, it took so long, tat the northern states r now in the other campnow tat bn had come out the plan & finalise all the details the developers need to take time to calculate is this a feasible projek ie. 220k scheme where to buy the land, wat r the cost involve, how much profit can make by doing this unless u r the microwave generation, alwiz wan everything instant & thought the world is like maggi mee we r here to share & giv u newbies some positive mindset to work smart & hard to achieve ur dreams no point being a dream chaser, wanna chase dream till when? set a goal, break it down to achievable targets if only earn 3k, then use a bike or they take the train. learn how to save & not jus mus hav the latest gadget & clothing for aksyen purpose |
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Mar 16 2011, 10:32 PM
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#20
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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well since those 220k faraway areas not develop yet
start saving the 800-1k la, after 1 yr, the amount saved should be increasing oso govt does allow monthly repayment via epf for prop get something affordable, if there is none, work harder to get more income the thing here is there is a mismatch between your dream & reality, learn to close the gap, go spent 100-300 for entertainment & idea generation bal 700 pm kenot get anything meh for 30yr loan http://www.iproperty.com.my/property/searc...99&lo=&wp=&ns=1 QUOTE(totila @ Mar 16 2011, 10:09 PM) sorilah, i'm not qualify to use that scheme, i'm js saying the scheme doesn't work, doesn't mean i dun hav hse. paiseh paiseh! governmen'st plan need to be practical instead of having empty talk like u la. sigh... seems like another stupid plan of planning the nuclear plant. sigh..kesian malaysian... selsifh goverment and selfish ppl. Added on March 16, 2011, 10:15 pm i think the usage of the 3k is not included entertainment and gadget or watever cloth lar. next time if u want to reply a person, pls read thru their thread 1st. |
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