Well, your income and current assets isn't written in there. Then there could be small loans you took like PTPTN which isn't link to CCRISS.

They will they're all connected. shares not doing well, companies don't do well (despite physically doing well). Everybody gets scared and buy less. causing an economic crisis.

People who take loans on props, start to feel the heat, when their income is effected.

Banks have already pulled back their sentiments on loan. It's high time, speculators themselves, woke up.

What you guys don't realise is this is only half the truth.

There is a place in LYN for TZM Propaganda. Please preach in http://forum.lowyat.net/topic/1679078

I advocate change. but change must be towards the correct direction. Otherwise we might just change from out of the pot and into the fire.

This post has been edited by TheDoer: Oct 7 2011, 11:04 AM

Please go to the allocated TZM thread for TZM related banter.

http://forum.lowyat.net/topic/1679078/

I heard that even though singaporeans command high salary, other than housing, money has not inflated much like in Malaysia. Based on denominations food there is cheaper than malaysia. Can anybody verify this?

Please bring your message to the TZM thread.

I wish to address you there.

In short, interest can be paid without printing new money, through products & services.

The current issues of keep printing and inflation, is due to other reasons.

I guess, can't really blame on rental and utility cause those things are scarce over there. But it does show us something doesn't it.

Growth doesn't mean inflation.

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Added on October 13, 2011, 10:52 amhttp://forum.lowyat.net/topic/1679078/

Bear in mind we've reached a moot point, and are just hurling rubbish at this point.

Read the beginning or ask for clarification to judge.


This post has been edited by TheDoer: Oct 13 2011, 10:52 AM

This I have to agree.

The government is more interested in buying votes than actually spending our money wisely.

Money will not dry up. But our quality of life will deteriorate, followed by more subsidies making the gov look like the heroes, when they were the devils to begin with.

If the purpose of money isn't for our livelihood and improving it. Why are we accumulating money for?

Guys please consider.

I feel that that is not necessarily so.

if prices are stagnant, some people who "invested" and was counting on a price increase eventually default on the loan, may cause a landslide effect.

Though I do not doubt, that people may lose their jobs during the coming crisis.

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Added on October 18, 2011, 2:15 pmI have a noob, non economist question.

Does GDP take into account inflation?

Let's say the price of everything goes up, does that make the GDP go up also? Without any real gains.

This post has been edited by TheDoer: Oct 18 2011, 02:15 PM

It's like this, flippers buy to flip. Some more so then others. Some do not take into account their other commitments they have, because they believe that they can get back their capital when they sell off the prop.

If price of prop does not increase, they will keep holding on to their investment until eventually something gives. Their will to keep holding on, or they suddenly get a windfall that fixes their problem.

It may be different but I feel Malaysia lending is still quite lax.

I had previously mentioned, that I know a 2K earner, disqualified for a 300K loan.

But then got someone to help "massage" his application. then it got approved.

Secondly, it's pretty ridiculous, because the loan they offer are up til you're way pass your retirement. It assumes, that you 're either still working, you've got a good pencen fund, or you manage to flip the house before you retire.

Which are all unrealistic.

We are all merely rushing to get to the top. Nobody is willing to line up like civilized people.

The suffering will stop, when we all behave.

If it's true, it will not only cause speculators to stop, but it will cause a slide in value. because of less demand.

All I see are a bunch of drug dealers, robbers and thieves, complaining that their investment (tools of their trade) were confiscated.

Where did they expect their ROI to come from in the first place? From suckers whom buy their props at horrible prices of course.

So weighing the 2 complainers, one for living, one for cheating peoples money, who should we side?

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Added on November 2, 2011, 1:35 pmIt's just a gimmick to avoid mass sell.

If they were to say... "Sure continue to raise!" Who'd believe them? So they change their tune and say, "won't increase as much as before, but still increase" to continue attracting speculators.

This post has been edited by TheDoer: Nov 2 2011, 01:35 PM

I recall people were saying housing prices will drop so move to commercial props?

Too me it was simply just more speculation.

And it appears to be correct:

Oversupply of retail and office space - StarProperty.my

Far I think would be like melaka. And malaccan's themselves are complaining based on their salary.

Interesting.. so countries are given loans without any collateral?

Loans are given by the world bank right? So where does the world bank get their money?

This post has been edited by TheDoer: Nov 3 2011, 04:13 PM

Completely agree with you on this, choosing the right gov determines everything else.

But I don't agree with the rest.

I think the problem is with the optimism, of banks and speculators. This is a known and recognized fact. Til the point that our gov with it's board of "experts" could make najib make such bold promises 400k loan to 3 k income. Lol.

Many have started to become more conservative, but as a whole, we're still a pretty optimistic lot.


One poster once provided inside info that prices kept increasing even though raw materials had dropped. The price of materials were nothing more than an excuse. It's like shopkeepers increasing the price of their teh tarik because of sugar.

The whole reason raw material prices went up, is fueled by the demand for property by speculators.

Quality homes, would mean a proper home where we would feel safe in, not referring to flats with graffiti in the lifts. And definately not a second-hand run down terrace house sold by a greedy speculator, which we buy out of desperation.

The question can be reversed and asked, how rich do we have to be? and how hard we have to work, in order to get a proper home for ourselves? All this is just an excuse, and an encouragement to support the speculators.

The issue had always been with the speculators and how their actions have deteriorated our standard of living.

Actually, that is inflation.

Kevin is not asking the gov to print more money, he is saying if this continues, gov will be forced to print, and that's exactly what we don't want.

That is a secondary issue. Scenario example: when we are in the big city, everything is more costly, but that's ok, because we earn a big income. The problem is, everything is expensive, even in the small villages, with people's low income. And the reason for this is unrealistic demand and runaway inflation.

so, despite how singapore is doing, if Malaysia is poor, it's prop price should also be low, based on the demand. However we have unnatural demand posed by speculators, and runaway inflation, which I believe was helped by the speculators too.

Once again, please note that I am all for a cleaner and more efficient gov.

You have a point, however, I tend to think that most people, take loans because they can't afford the homes themselves. If there is a price drop, then it should effect the rest as well, and not just the rich.