Why now.., ..is not the right time to buy property Serious Talk
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 Sep 6 2011, 12:54 PM
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#1
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Junior Member
436 posts Joined: Feb 2006 From: Kuala Lumpur  
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people are not that stupid to sell property for cheap because the ones with property are the one with steady income... so they can hold on to their property even if the bubble bursts....
If you want cheap house then pray for unemployment... but again it is a double edged sword isn't it... Even during the 1998 economic crisis... the house prices kept on climbing... |
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Sep 6 2011, 03:14 PM
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#2
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Junior Member
436 posts Joined: Feb 2006 From: Kuala Lumpur
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Say you have a house worth 500K... on a prime land...
will you sell it? How do you know when the bubble burst? |
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Sep 6 2011, 03:28 PM
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#3
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Junior Member
436 posts Joined: Feb 2006 From: Kuala Lumpur
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so bubble will burst if the people dont have source of income?
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