QUOTE(cherroy @ Nov 25 2011, 04:16 PM)
1) unrealistic, there is no such thing of property price should at what price. If there are people buying at that price and enough people buy at that price, it will stay at that price.
One may forever wait, and only see price keep on up and up.
Last time, 500k, unrealistic high, wait, then 600K, wait again, then 700k, wait again, now 850k, even price crash afterwards or plunge, it may from 850k, to 600k, still higher than 500k initially.
Not entirely true. If the person wanted to buy at RM500k 3 years ago but can't cos Salary not enough eg RM3kOne may forever wait, and only see price keep on up and up.
Last time, 500k, unrealistic high, wait, then 600K, wait again, then 700k, wait again, now 850k, even price crash afterwards or plunge, it may from 850k, to 600k, still higher than 500k initially.
Now if(BIG IF) it do drop to RM600k & his salary increase to RM5k. The person will be more comfortable buying it now.
Please do Remember this couple of years, properties price Increase dramatic. Out of ordinary, if you ask me. If you guys said cost of materials increase, please ask around to completely built a 2-storey same as those developers showhouse cost how much & you know what i mean.
Alot those investors(especially those newly enter) wanted it UP non-stop but this will cos more harm to Malaysia economy. We now as a whole rakyat cannot "TAHAN" the inflation increase too fast.
This post has been edited by Iceman74: Nov 25 2011, 05:56 PM
Nov 25 2011, 05:27 PM
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