Why now.., ..is not the right time to buy property 
Sep 6 2011, 05:42 PM
QUOTE(Xonius @ Sep 6 2011, 02:18 PM)
I've had discussions with a few property agents and they too agree that it is now very hard to sell property, more so at prime areas as they are set at a very high price, too high for even the above average income earners. They admitted to using "we are selling below market price" phrases to potential customers because they know if they don't sell it now, it will drop even more. This gives me a very bad impression on the market as you do not sell it cheaper than what its supposed to be worth or valued by the bank.
Yeap. Property agents are usiing lies and cheap tactics to trick people into buying inflated properties. Many even fake demand so you'd secure your purchase quickly. And the funniest thing is the same people who are selling these properties are the valuators the banks call to estimate the fair value of the properties. It's THAT stupid.QUOTE(kenji1903 @ Sep 6 2011, 03:07 PM)
where are people going to stay then? they can't rent, they can't even buy...
Who cares? The banks just want to recoup their losses.QUOTE(cracksys @ Sep 6 2011, 03:39 PM)
i see a lot of people defending their house appreciation in price is normal. pity them living in denial.
They have to lar, because when have you ever seen people accept unfavorable reality.
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