don't agree .. as on a whole its stagnant

Every economy crisis, we faced different kind of problem and challenge.
Yes, household debt is alarming high, and BNM has been monitoring on it and keen on lowering down.

If now enjoy future money, mean need to pay back in the future, so probably having slower growth or even recession, but it doesn't mean forever.
Recession happened always is to correct previous over or unsustainable issue.

In the future, household income can rise to offset, or no more debt can be built further resulted slower and or economy recession, once this get over, the economy will be bouncing back, and property price will rise again.
Yes, near term seem correction of house price can come in, but it doesn't mean it must crash.

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Added on November 24, 2011, 3:41 pmThe current problem is household debt.

Back before 97, it is high corporate debt across, high leveraged.
But now corporate mostly are cash rich.

At least at corporate front, situation is more healthy.

guys, be prepared for another round of property price up up up...LOL

Opps...no reasons to be given. QE is not going to affect most of the Malaysian. Ours is stimulus packages which our gomen said no need a new one.LOL

by the way, shared this as seen at the edge website; WOW...DPC condo 750psf now.
Northshore Condominium, Desa Parkcity, Kuala Lumpur (SOLD)

Land area: N/A; Built-up area: 904 sq ft; 1+1 room studio; 1 bathroom; freehold

RM678,000

This basic unit overlooks the hillside of Country Heights Damansara and parts of Desa Parkcity. This is on a high floor and ideal for a bachelor pad. Situated within Desa Parkcity, a guarded community with amenities such as neighbourhood mall and is linked via the LDP to the rest of Petaling Jaya and beyond.

Sale concluded by: Andrew Tan of Reapfield Properties; 012-273 8998

===

The Northshore Garden Condominium, Desa Parkcity, Kuala Lumpur (SOLD)

Land area: N/A; Built-up area: 2,454 sq ft; 4+1 bedrooms; freehold

RM1,650,000

This is a lower-mid floor unit, with unfettered views of the surrounding Desa Parkcity hillside and beyond. Genting Highlands and the KLCC are visible on a clear day. The unit itself has a grand and spacious living hall and views of the pool below. The condo overlooks the township's breathtaking lake and park grounds. A great unit for owners to transform into a swanky family home. Desa Parkcity enjoys connectivity to greater PJ via the Damansara-Puchong Highway.

Sale concluded by: Andrew Tan of Reapfield Properties; 012-273 8998

Majority well run listed company are cash rich, you can see many from audited financial report of listed company.
It is totally different situation vs prior 1997, whereby most company under significant leveraged.

optimist lives happier as the pesismist all keep thinking 2012 is the end of the world....

dear optimists,

stay true to yourself...hero can only be found in a economic crisis...

get rich or die trying....dont die....looking only

hahaha

5 years ago: 
A fresh grad earning RM1800/month planning to buy a 300k property in future.

Monthly installment for 90% of RM300k loan (35 years) is around RM1250.

He know that he need to have at least RM4200 income per month to get the bank to approve his loan for a 300k property.

So, he work very hard, hoping to get the increment until he achieve the amount of income.

5 years later:
He had achieved RM4200/month income (Not bad right?) . But the same property in the area had increased to RM600k.

Monthly installment for 90% of RM600k loan (35 years) is around RM2500.

Now, he need to have at least RM8300 (net income) to get his loan approved for the same property.

5 year later (let say property price keep increasing):....
He achieved RM8400 net income... but this time he need to have RM16800 income to get the property in same area..

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