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 Are property prices going to up further? V4, nothing's gonna stop us now

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keith_hjinhoh
post Nov 27 2011, 06:51 PM

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QUOTE(kidmad @ Nov 27 2011, 08:24 AM)

I don't agree with no 3. Those who are playing with the property market are most likely ppl who do not need to go to a bank for a loan.
I lol at this statement. Do you have any evidence to support this statement? I know china practice this, yet they have property bubble. But I don't know Malaysia have the same practise of paying cash to buy property. Perhaps I need some enlightenment on this matters tongue.gif tongue.gif
keith_hjinhoh
post Nov 28 2011, 12:56 PM

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QUOTE(kidmad @ Nov 28 2011, 12:56 AM)
My parents. Something which you have not done does not mean someone else would not be doing so. For their age it's hard to get a loan already.

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One-off purchase? Or recurrent basis? I have seen people purchase car, shares, luxuries using cash, but hardly on property especially on recurrent basis. Because you have mentioned those who play property, hardly need bank's loan. That's something new to me and I don't think that reflects what majority is doing, especially flippers.

This post has been edited by keith_hjinhoh: Nov 28 2011, 12:58 PM
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