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> V10 - Property Prices (Up, Down or .....), and the debate goes on and on and on ...

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hazairi
post Mar 17 2013, 03:17 PM

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Our household debt is at it's highest and one of the highest in the world (if compare to disposable income).

When BNM increase interest rates, then we can see many lelongs..
hazairi
post Mar 18 2013, 11:22 AM

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Hi guys,

I'm doing a survey. I know many people have open up the same kind of thread but I figure that one is already out of date. Please vote on the latest one:

http://forum.lowyat.net/topic/2740217
hazairi
post Mar 22 2013, 11:20 AM

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Household debt vs GDP reached 80% This is totally insane.
BNM would be in dilemma.

hazairi
post Mar 22 2013, 11:40 AM

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QUOTE(Rooney1985 @ Mar 22 2013, 11:31 AM)
You're absolutely 110% spot-on  biggrin.gif

They're in such a huge dilemma that they don't have the slightest idea on what to do... the only option to them is to 'closely monitor'... LoL!!! That's the severity of the situation.
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if they further strict lendings, they might afraid that our economy might head into recession as the global economy outlook seems not promising. If they maintain low interest rates, inflation might shoot up especially the property price.

I would suggest on restricting the loans. Shoot up the interest rates before it crashes further in the future. Just my 2 cents.. tongue.gif
hazairi
post Mar 22 2013, 12:01 PM

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QUOTE(Nikmon @ Mar 22 2013, 11:43 AM)
currently the GDP are mainly depend on construction (debt) while export still lagging, would they willing to further restrict the loan, the growth will drop sharply overnight if they do that.
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exactly that's the dilemma. The main point for cheap loans, is to further improve GDP. But somehow it failed. Our household debt vs GDP is not improving. So, what if the % reaches 100-110%? Commercial banks will soon have problems. That's bubble.
hazairi
post Mar 22 2013, 12:11 PM

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QUOTE(Nikmon @ Mar 22 2013, 12:04 PM)
bank will increase the rate lo if reach there.
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the bigger the %, the higher the dilemma. US have similar issues and also most of the countries right now.
hazairi
post Mar 22 2013, 02:13 PM

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QUOTE(AVFAN @ Mar 22 2013, 02:10 PM)
becos much of our cheap loans have been used on "good life", cars and prop speculation.

do you see many real product amd value creating projects like factories, farms and fisheries with new billions invested?

the below does seem right about mysians, incl this thread, just see how many posts made everyday for "buy"!

From a long-term growth perspective, they distort incentives to work, save and invest in value-creating activities in favor of rentier wealth or income from property “investments” (or speculation).
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i think this cheap loans started to boom up back in 2008-2009. At that time we were in small recession because of FEAR. People spent less, investors took out money from stocks (hence, explains our stock went bearish). BNM had to increase money into the economy by providing cheap loans. The money didn't effect much of our inflation because most loans were home loans...
hazairi
post Mar 31 2013, 02:35 PM

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Keeping my cash high. ASB give returns on average 7-9% per annum, while the property price in Malaysia is now stagnant. Not worth buying now..
hazairi
post Mar 31 2013, 09:45 PM

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I'm sorry guys. I shouldn't have talked about ASB. Yes, tat3179 was correct. In this forum not all can put money in ASB, I should be more sensitive towards the non-bumi.
I will try not to mention about it anymore.
hazairi
post Apr 9 2013, 02:37 PM

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When will they release Malaysia's house price index Q4 2012? Last time they released Q3 report at the end of Q4. Now it's Q2 already...
hazairi
post Apr 9 2013, 07:20 PM

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QUOTE(zuiko407 @ Apr 9 2013, 06:42 PM)
Release or not, it's not important la...
Told u price is sustainable and quite stagnant, not much movement for up or down.
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yeah, but i predict it will be slightly down around 1-2% quarter to quarter...

hehe
hazairi
post Apr 9 2013, 07:32 PM

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QUOTE(AVFAN @ Apr 9 2013, 07:28 PM)
a clever one here once posted the data is released only at end of 1q and 3q. i think tat's correct.

be patient, v r in 2q now, anyting now. biggrin.gif
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i think they are holding it after the election.
hazairi
post Apr 9 2013, 08:00 PM

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QUOTE(AVFAN @ Apr 9 2013, 07:33 PM)
agree. it's flat generally. some up, some down, some flat.

bn wins, a vote for corruption and cronies, prop prices like everything up again fast.

pr wins, prices dive but will up slowly soon after that.

buy props for own use, the days of cepat kaya are over.

low income people will suffer in more than one way. rm500, rm1k from tax payers like me, hopefully it'll help since u like tis kind of gomen that f u in reality.
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yeah, so, for me, I think the youth out there ain't need to rush to buy property because of; fear the price might shoot up.
Maybe they should think of something on how to invest their money so that it can beat house price increment.
When the time comes, use the cash to buy property...
hazairi
post Apr 10 2013, 02:19 PM

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QUOTE(zuiko407 @ Apr 10 2013, 02:01 PM)
Someone have post this since V1 or V2, the guy who post this was diasappeared, now is V10 my dear, the discussion will keep continue till V20 or more
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the article was in 2005 and bubble started to burst on 2007.
hazairi
post Apr 12 2013, 11:55 AM

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Breaking latest news:

» Click to show Spoiler - click again to hide... «


Congrats 'Down camp', our prediction is getting real each passing day...
hazairi
post Apr 12 2013, 03:12 PM

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why you guys are always being sarcastic? I thought this is a serious discussion.
Give facts please.
hazairi
post Apr 13 2013, 10:50 AM

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QUOTE(zuiko407 @ Apr 13 2013, 10:04 AM)
Ya! All down camp doing the same thing, keep studying data and keep saying repeat of US, Spain housing bubble, they actually fall into 3 groups; i) no money at all to purchase for own stay, ii) have money but keep waiting price drop to purchase for own stay, iii) missed the boat to invest in property and no action till now, they thought invest in gold is safe.

For me, gold is just a brown shinning metal recognise by human being, price are determine by human, it can be speculate too.
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I'm on the 2nd category:

ii) have money but keep waiting price drop to purchase for own stay

But the money is invested with average dividend of 7-9% per year. Hopefully can reach 300k cash in another 4-5 years. (with monthly top-up savings of course)
hazairi
post Apr 13 2013, 11:43 AM

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QUOTE(worgen @ Apr 13 2013, 11:35 AM)
nothing wrong with your investment with 7-9% dividen per annum though its low. at least cover inflation.but you miss out on power of leverage. you can get better return in stock market. if you have higher appetite, go for option. but prepare to win or lose big mang.
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..I did play stocks a few years ago. But now I'm stopping because the index is reaching it's peak. I'm no expert though.. Just a 'play it safe' type of investor. Low to medium risk type of investor..
hazairi
post Apr 13 2013, 01:57 PM

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"A record-breaking capital flight out of Malaysia. Financial watchdog Global Financial Integrity (GFI) reported that a total of RM880 billion of funds were illegally transferred out of the country between 2001 and 2010. "

Guys, i would prefer more intellectual talks rather than thrash talks. Let's educate each other and not bashing like a fascist ****.
hazairi
post Apr 16 2013, 03:14 PM

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Yeah, i definitely will buy gold if it drops below USD1k. wink.gif

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