If leverage 50%, at wat age can a person effort to buy hse? Nt talking bout ppl from rich family or sponsored dp..

By the time u save the other 50%, do u think the hse will be at the same price?

Think again... unless u r cash rich or earning five figures monthly wic will allow u to save super fast... In average how many percentage of ppl even belong to this category.. Ntg wrong wif leveraging debt, but play safe.. nt to stretch too far..

Can I ask a stupid question? Hypothetically - what if the crash really happens, and market value slump by 30%,
- What the rich with holding power will do?
- What will the middle income fully leveraged will do?
- What will the down camp will do - for middle income group with average savings?
- Life goes on for the poor?

look like not many people like me to post my research on this Pr1ma.

I will keep all these newspaper cutting for my own information la.

haiz...now looking at the vote available in my hand, wondering which parties I should vote for, or just stay at home and watch the show. Sorry to said, I feel disappointed with the choice I made in 2008. And the property price has head to one direction which is "bubble" while most people just don't see it.

Material cost higher--> inflation-->workers demand for higher salary-->boss increase the raw materials price to offset this operation cost (material cost + salary)-->cost of building houses increase-->developer increase the housing price (although it is GST exempt supply).

Population will increase and demand will increase, but demand increasing doesn't mean transactions also increase.... So many cases of people's loans being turned down supports this... so demand demand demand but not financial means to buy also no point... correction will need to happen in all categories of housing to meet the different income levels together with available supply and demand... then the market and prices is healthy. Approval rates consistently falling, so see how demand, with financial ability can convert to realisation.

Noticed a few 40 year loans too, especially from the younger group and not individuals but brothers and sisters joining... however, that will be their only purchase until maybe 10 years down the line or when they dispose of it and look for others... That just shows how saturated the local market is now... where the demand is coming from moving forward? not sure, foreign investment, doubt so... with all the negative media coverage on fraud and corruption, funds would likely leave to economies that are more certain in terms of policies.

Anyway see how it goes, chill, relax, in no rush...