Price stagnant means depreciate in price when inflation kicks in. So if price stagnant for over 5 years, you can consider yourself a 30% discount. I always take the gomen figure of CPI x2 to be the real inflation figure.

Do you know such a thing call 0% BT?

imagine if you have 10 cards with 45k credit each. I know a few expert who use BT to buy prop, it is a superb leverage tool provided you know how to manage the RISK.

If you dunno how to play with fire, stay away as far as you can.

You guys new to the credit card sector ah? BT? i have 3 cards 15k each you go try get another new one when all 3 having maximum credit. See you can get it approve or not. Adding on, if you want cards with 15k credit limit you need ot have the earning capability before you even get it in the 1st place. You can try using 1 card swipe it 15k 1 go and next thing try to go apply for a new one. Come and tell me whether they  get approve or otherwise.

P/S: Even if th bank approve you will not be able to get 15k credit limit most likely you will be only getting 5k. Which happens to me previously. Been there done that. If you think it's as simple as that go ahead and do it. BT will be factor in as part of the credit which you have with the bank, and in the end you might not even get your loan being approve if you have high CC debts. You can do it to 1 or 2 unit if you like but having such CC debt you must have a steady income in the 1st place to begin with.

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Added on November 17, 2011, 7:03 pm

Haha not too sure 30% or 20% but most ppl who can afford for 3rd home most likely will only need a minimum loan from the bank.

FACTs? fact or speculating even on credit card? I've been there done that and i even remembering i pmed airline on personal loan to CLEAR my credit card debts because i need my credit card debts to be free from the 15k credit which i owe the bank. I tried applying and they only approve credit card with 5k credit limit to me, reason being i need to clear off my old credit card debt. I ended up using my companies AMEX credit card for my business travel.

THATS A FACT.

so do you even know what others are doing in the 1st place? You have not gone through that path and yet you wanted to comment as if you have done that. Those bullshit telling you that it's so easily done, have you TRIED it in the 1st place? Everyone here is talking about other, others and others. You see this guy how he laverage wah 10 credit card buy so many house sell. Another one come you see this guy borrow so much money ah this cover that that cover this. You guys are not only talking without facts, you do not even have such personal experience going through all these pain in the arse proceses. All you do is shooting point blank leading 1 sheep to a brain drain situation and 1 followed by another.