we can scream bubble and market going mad at RM800psf ..
but I think one only need to be there on Friday .. to see the type of crowd there ..
and you will realise this crowd are the types with deep pocket, are probably residents of the neighbouring taman, who wouldn't mind 'stamp collecting ..
abit similar to the MK10 or MK11 owners who prefer to leave their units empty, rather than rent it out .. there are these breed of pple .. and they are not the same as the youcity Cheras crowd
QUOTE(tikaram @ Oct 15 2012, 05:02 PM)
The USA housing bubble as an exmaple.
The high debts creat high price on buying activities is not welcome. It is more damaging than no growth in price at all.
Those have few assets in your collection is going to see property value going down more likely when the sustainable become an issue.
An invesotr holding few under constrcution units is like gambling and no longer an investment games now.
More sales at RM500k on a mere studio? the more that greater the damage.
If Bnm don't act on this right time with adjustable policy. A lots of pp will see their welth going thinner and thinner.
The high debts creat high price on buying activities is not welcome. It is more damaging than no growth in price at all.
Those have few assets in your collection is going to see property value going down more likely when the sustainable become an issue.
An invesotr holding few under constrcution units is like gambling and no longer an investment games now.
More sales at RM500k on a mere studio? the more that greater the damage.
If Bnm don't act on this right time with adjustable policy. A lots of pp will see their welth going thinner and thinner.
Oct 15 2012, 05:32 PM

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