Feb 21 2013, 01:02 PM
QUOTE(EddyLB @ Feb 20 2013, 10:41 PM)
I thought Pai Kor was the exception. But it seems that there are many such "investors" in the market. A normal salary earner earning RM5k, RM10k or even RM20k is able to leverage so much until he can accumulate RM10m worth of properties. The risk they take is enormous ! 
What about those businessmen who earn millions per year ? There are so many of them too. If these salary earners with RM20k pm / RM240k pa can buy RM10m worth of properties, then these businessmen who make RM2m pa can accumulate RM100m worth of property each ?
With the collaboration of the banks, how can the property prices not shoot through the roof ?
A lot of Investors i know not in this Forum. What about those businessmen who earn millions per year ? There are so many of them too. If these salary earners with RM20k pm / RM240k pa can buy RM10m worth of properties, then these businessmen who make RM2m pa can accumulate RM100m worth of property each ?
With the collaboration of the banks, how can the property prices not shoot through the roof ?
Not many decide to declare or show their properties in public unless they want to gain something.
Many who do this is not for fame but for wealth.
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