Natural disaster like flood, tsunami,earthquake etc will bring down property price whereby natural disaster is quite frequent/active nowadays.

Migration to other country will be another point whereby some people would prefer to rent rather than buy property. selling property can take time at least 6 months due to alot of procedure, irb tax and documents involve. especially foreigners.

majority and alot of property is still under the bank bcos alot of buyers borrow and do not have money to buy in cash. Even though have cash to buy, but will not commit all, the money to the property. People have no choice but to pay interest and borrow to max.

Property is a big burden to alot of people, a big chunk/all the money to purchase it, will end up their financial or money to 0 with no more money left in their hand. What for buy property at high price/investment and struggle/burden for it. alot of hidden cost like renovation etc



This post has been edited by trader888: Apr 12 2012, 11:21 AM

Thats is why precaution/prevention is better, touch wood if it really do happened, even how cheap, the property nobody will buy. and yr investment will be going down.

does the property insurance cover with natural disaster? many buyer may have overlook?
Better to cover just in-case unpredictable/unforseen things will happen in the future.

This post has been edited by trader888: Apr 12 2012, 11:32 AM