categorically agreed with ur comment, and dun be surprised, they may go on and pass the bill.
Who cares? what they wan? they wan transactions, they wan speculations, they wan spending, stamp duty. and what they can do, verbally asked u to tighten ur waist with tali, but on another hand, encourage 100% financing, just take a look at the 1st house scheme.
when it become a trend in community, many will take it as "normal", this is bolehland.
As mentioned earlier, those are also factors that may affect the pricing of our property. not only low interest rate, low real property gain tax, unlimited purchase by foreigners, uncontrolled pricing of new property launched by developer..
If those factors remain, and instead of curbing the hiking of Property price, they go ahead to launch "innovative" financing scheme or plan, utilising ur EPF for loan repayment bla bla..., I dont see how the transactions in property will be reduced.
like it or not.. money is required to run a govt.. business transaction need to be done to develop a nation and rakyat is the collateral due to high inflation..
or be a nation that develop very very slowly (less business transaction) and still rakyat is the collateral due to less infrastructures..
and i see that we are moving towards the high inflation.. therefore property prices will go up.. if not 5 years.. then 10 years