The longer the bull, the sharper the drop. Also, the longer the bull run, the closer it will fall. Just hope thing doesn't go irrational for too long, otherwise, it is bound to plunge. ask yourself, how many people afford to pay more than RM2k instalment per month for long term? how much can one save with so much commitment? i pay 26% tax in malaysia but think it's tough to commit houses over RM700k. i foresee lot of "prime property" for auction in not too distant future.

This show how expensive is m'sia market.... given the 9x reported in the paper.


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Best way to indebt malaysian is to inflate house prices. There has been good empirical studies on household debts and house prices. Bank Negara, Wake up, time to introduce more measures! i won't mind policy error that lead to property crash, at least it won't burden generations to come... don't get me wrong, i own more than 7 properties but i still think prices are crazy now.

based on your theory, world will run out of foods soon.....