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

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post Apr 25 2013, 12:29 AM

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QUOTE(ManutdGiggs @ Apr 24 2013, 08:15 PM)
Thanks mod.

So which direction would prop market goes if pkr wins election? Some says its a beta future with pkr than with be end.
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Sure, the future will be better IF you are one of the Talam directors. rclxms.gif
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post May 14 2013, 10:04 PM

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QUOTE(tat3179 @ May 14 2013, 04:28 PM)
Pleaselah...rallies will not cause prices to drop wanlah....
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Rallies wont cause price to drop but this will: BN will be toppled this year.

QUOTE
A massive street rally is being planned to overthrow the ruling government. “We will mobilise a big group and rally on the streets. This is not a threat, this is a promise,” he stressed.

Pro-Pakatan Rakyat groups have vowed to overthrow the Barisan Nasional government this year through a massive street rally.

Speakers at a forum held yesterday unanimously agreed that waiting for five years until the next general election was too long, and vowed to overthrow BN this year through “force”.

The street rally is rumoured to be as early as May 17 or 18 to overthrow BN and capture Putrajaya.

“We will take to the streets and take over Putrajaya. If we really want to overthrow them, there is no other way. Democracy does not work,” Haris Ibrahim from ABU (Anything But Umno) told the 1,500-strong crowd here.


“The people cannot wait anymore. We don’t want to wait another five years. We will take the streets,” he added.

PKR vice-president and Batu MP Tian Chua mirrored Haris’ cry to overthrow BN through force, and said it was the people’s choice.

“The decision to wait another five years or fight is not the right of Pakatan leaders, the results during the polls were not of Pakatan… but the rakyat’s,” he said.

‘This is not a threat, it is a promise’

Meanwhile, student leader Adam Adli Halim challenged the authorities to arrest him for urging the public to overthrow the government.


Good luck, everyone.
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post May 14 2013, 10:08 PM

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QUOTE(worgen @ May 14 2013, 09:51 PM)
back to topic. any advice on any doable investment? property? stocks? gold or almond? pls back to topic but i doubt you will.
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I feel that nobody now has any interest to proceed with real estate investment/speculation until we are certain who is going to govern the country for the next 5 years.

God bless us.
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post May 14 2013, 11:10 PM

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QUOTE(worgen @ May 14 2013, 10:21 PM)
ah jib kor transformation plan will only drive up the property market.
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I was turning bullish the day after GE13 results were announced.

However, this Haris Ibrahim guy makes me worried. He and his group have every intention to use force and not democracy to change the government. If government can be changed via force, what makes us think the new one cannot be toppled via force too?

Quoting from RPK's article:
QUOTE
You may say you don’t like this and you want the Sultans/Agong to butt out. Well, what if they don’t? Do you want to launch a revolution and ‘storm the Bastille’? Remember that His Majesty the Agong is Commander-in-Chief of the Armed Forces while the state Monarchs are Colonels-in-Chief of the different branches of the Armed Forces.

So, who holds the guns? Barisan Nasional, Pakatan Rakyat, or the Monarchs?

And it is the Agong, not the Prime Minister, who holds the power to suspend Parliament and declare an Emergency. And the Agong with 100,000 guns and I don’t know how many tanks behind him will have the final say.

Further, what Anwar Ibrahim plans to achieve with his nationwide rallies? If he does not accept the results, then I have the feeling that we are going to be busy politicking and not doing productive works for the next five years. When nobody wants to do productive works, we will experience a lower GDP growth in the next five years compare to the previous five.

Another point. Does anyone remember when was the last time we had recession? 1998? Aren't we suppose to have recession every 15 years or so? I don't have to tell what will happen to the market when these three things happened together.
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post May 18 2013, 05:11 PM

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The costs
KVMRT1 - RM22.2billion
KVMRT2 - RM24.9billion

Budget deficit
2012 - 4.5%
2013 - 4% (Target)

We can have KVMRT2 if GST is introduced, as it will bring an additional RM20bil - 27bil revenue to the government.

However, with resistance to the GST, I have no idea how KVMRT2 can be financed yet still meeting the budget deficit reduction target.
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post May 19 2013, 04:50 PM

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QUOTE(AMINT @ May 18 2013, 11:07 PM)
I dont think we will become as bad as zimbabwe. If that happens, stick to paying ur housing loan coz considered dirt cheap. And plan to work overseas so earn in currency that is not local. For those staying locally, get ready to be a geologist, a pan, a map, and whatever u need to find gold. tongue.gif
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Agreed. The hyperinflation in Zimbabwe was caused by forceful acquisition of private properties i.e. farm land. As a results, agricultural outputs went down as the original farmers were being displaced from their farms and had not been compensated at all. Subsequently, world powers like USA imposed credit freeze or other form of economic sanctions on the country. With lesser agricultural outputs and economic sanctions, Zimbabwe had little means to generate any revenue.

To become like Zimbabwe, the Malaysian government will need to confiscate our private properties. Now let us answer these two questions:
1. Do we think this is going to happen in Malaysia?
2. Most importantly, do we want this to happen?

You have to be out of your mind to answer Yes to the second question. The imagination of Red Bean Army could never be underestimated. I am being polite when I said imagination.



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