dude... how can you force someone to sell something he already owns? his loan is fully repaid...

force sale can only happen if you declare bankrupt... i.e. cannot repay the loan

rental yields are dropping

so be careful when investing.

Yes, it's might happened, if everyone are jobless. At that moment, you also can't aford to buy it. So, why so happy about it?

we are talking about people who're still on loan tied to their bank's house.

why so butthurt?

dude... read again what you wrote

I'm not talking about you, you no need butthurt

The person who will benefit are those with cash to spare, not the ones who pay through their nose. The only worrying thing now is the possible interest rate hike.

exactly. So, the best strategy, pile up your cash as high as you can. Invest it on ASB. When the bubble burst, you can use it for a high downpayment..
walla!

i know lar, but you go spread that kind of nonsense... beh tahan mar

if interest rate hike then how?

thats y the strategy is to keep as much cash as u can (of course invest it for better dividends) so dat when the time comes, u can use it to pay about 30-40% of the house price. This will reduce the total amount of interest u need to pay to bank..

flaming lion is trollan ah? LOL.

it is nonsense only when you are butthurt

don't have to wait what... just do as much principal reduction as you can...

hahaha, you know... i nearly fall off my chair when you said the bank can force sale a property from an owner who doesn't owe the bank any loan

yes... i butthurt cos you can joke better than me

slowly wait lor for bubble burst...foreigners like chinese are buying our properties by the dozen...

unless u are speculating/investing, no reason not to buy a house if u need it..

same thing happening overseas... Malaysia and Singapore are one of the highest investors in Aussie and UK, just below the Mainland Chinese... and you think Malaysians are poor

did i say that? go read and think again. stop acting like a brain damaged here.

I believe you said the bank will force the borrower to sell of his fully paid house 2 to pay for the loan outstanding for house 1 after auction.

Which ..kenji is right..the bank cant do so.

House 2 is not part of the colleteral of loan 1. Hence bank has no power over house 2.

Its an option for borrower whether to sell house 2 to cover loan for house 1. If he dont want to ..bank just declare him bankrupt and its up to the OA to sell the house to cover all liabilites of borrower.

There...settled.

Next...

here