Thanks guys learned quite a bit from the recent posts. now got some idea whats happening with the economy.

was wondering why bloomberg and CNBC never used the word bankrupt to describe Greece always say deb default, now I know

" why don't you do the right thing in the next GE? When we are able to ensure all 13 state to operate like Penang"

This one really gives me the shits as there is nothing I can do about it. Either way one votes in next GE, just get screwed. So which one is the lesser of two evils??

vote BN get more or even worse of same crap

vote pakatan not proven to be able to work together without bickering at each other at federal level. GE coming and still don even announce their shadow gov yet. give impression not got their act together yet.

So from house market and economy point of view which one better?

nice try dude but prop market has gone stone cold the last couple of months

got a couple of props to unload but its ok can hold for couple more years if have to

Hope things may improve after next GE in Feb 2012

guess all the pessimism has hit base coz all cabut with their tails in between their legs

u r right there is a stand off between buyers ans sellers buggers offer me even below bank valuation think I motivated sellers

been buying and selling in 2009 and last year made a fair amount. 2011 didnt buy any but like to sell 2. 4 me a bird in hand better than 2 in bush so I say was good move. Yes if hold longer could get more but in volatile times better cash in quick n roll over to next. if you choose it right you can gradually increase the number of units you have at any one time while having enough cash to hold out any severe down turn. So depends on ones strategy 4 me 5 years is long time to wait. if economy and market sentiments remains ok I will roll as much and as fast as I can while keeping a close eye on the risks. I assumed there will be a double dip recession with second dip being more severe than first. if it happen I will buy a lot more if not just carry on as usual.

Aiya no need to get so technical bout it. whatever they call it end effect is the same only the severity of it is different. Happen or not ??? but just be prepared as best u can for worst case scenario.

if there is will then go find a way. If dont make effort, then don complain. The universe was not made equal or fair. so one has to move ur butt to achieve ur dreams oso would help if ass luck oso on ur side coz so many lobang to suck u down on the way.

Don properly understand all this economic stuff so just stick with simple basic principles. MY population growing, factor in urban migration so there is positive demand in 10 to 20 year time frame. Land in KV getting less so what is considered greater KL now will be town centre later. (once upon a time damansara heights was considered jungle). Economy is in cycles so when time booming make hay, when time bad buy more if u can or just hold if not enough cash. Key make sure u always have enough cash reserves. so what strategy u wan to use is up to u n 4 me as long as make profit at every turn is ok. just hope don loose money. just roll with the dice n sometimes must cut losses.

This post has been edited by mapala: Nov 10 2011, 03:30 PM

Food?? Eh aren't we already as seen by the very high food inflation recently albeit triggered by bad weather and exaggerated by QE and west financial mess. and now we r 7 billion. prop price can only go up in long term