TS has started a good discussion and his effort must be lauded.

Generally, there are two items that make the bulk of our financial commitments:
1. House
2. Car

For houses, Malaysians need to be aware not to purchase new launching priced at RM700-RM800 per square feet (psf) when property prices in the surrounding area is priced at only RM300-RM400 psf. Property speculators are raking huge profits at the expense of sincere home purchasers while adding no value to the property value chain. It is way better to buy a subsale property than a new launching.

Similarly for cars, we also need to make similar decision not to purchase overpriced cars with low specifications when we can get somewhat similarly priced cars with better technologies and specifications. Certain car makers need to be taught not to rake up huge profits at the expense of hardworking citizen while continue to offer less values than the others.

The money saved could be used to enjoy a better lifestyle - traveling, fine dining, etc., things of which otherwise needed to be sacrificed so that someone could make an obscene amount of money at our expenses.

Agreed?