A prose for real estate: REAL. Real gain, real excitement, real fun, real dream before meeting the sandman for those who dream too much

Debts is loaded enough like a dark clout before heavy rains

mortgage spread has widening but no none seem to care

Will you care about Charles Mackay?

owning no property is rightly equated to a man who never enter into a lady

most is no fool cause they are smart enough not to review their trueness

isn't old wisdom said, "always the fool is camouflaged with great blessing in the end?"

of course they're no fool but just haven't bought a property yet, how unfair life can become sometime .....

for DDD: probably get too inspired from the youtube videos featuring those pundits rightly predicted before the US collapse and motivated to join the club as a guy who secretly posses a Palantiri in his backyard.

for BBB: making a few buck perhaps millions have over-charged the brain with too much hi juice call adrenalin that need to be released regularly in lowyat like a wet dream

why spare endless energy/time on this never 'add more zero in your bank a/c' attempt but pumping self ego DDD BBB arguments?

As useless as feces but don't be sarcastic! cause the process of getting it out was where the real fun lied!

We are entering into a new territory that won't make either BBB DDD happier.

Stagnation. No more big up or collapse. But a boring waiting like a delayed flight at LCCT.

Upset? Better go to play stock market. Erroneous vix is guaranteed. Yes, 'playing' is a right word. Another ideal place, drive head up to the hill.

Investing is an emotionless boring serious business.

At the far side, developers can finally sign for a breath of relieve clearing their stocks.

The govt is surely far smarter than you though. Proven in 0505, denial-ners get it or not?

Aren't real estate makes the GDP number good and off-set more and more bad number from trades and earnings?

Oh, never underestimate the earning in stamp duty, RPGT, GST from the real estate. That's a solid reason why it's so real.

That's why everybody love the real estate and feel no shame or reserve to declare an association with it that, "I am part of it!" 

For doom-sayer hoping to see the market to collapse, be positive as Tony Robbin encourages, eat organic food, exercise and look for the bright side for the day to arrive.

Just a piece of advice: Just make sure you don't chicken out and pretending you're not at home when it knocks your front door.

Afterwords: don't angry with me, blame the whisky....

Props cycle is lil similar to stocks. There r times when it ll go down the drain. Early buyers with rental and own stayers ll not suffer much. Flippers ll suffer.

Back in 97 98 99, no doubt price drop drastically but cant really get superbly gd deals due to lotsa major big players who hav stronger financial and network grabbing it b4 retail buyers.

Oso banks ll b reluctant to approve loan + many retail buyers like us ll prefer to stay side line to watch for greater down turn rather than entering market due to unforeseen lowest point.

Buying correct props at comfort pricing is important but how true??? Its all depend on individual financial and preference. That y the debate goes on without a full stop. 

I remember bot a factory back in 2007 which every1 told me its over valued. But turn out its a bargain today. A 3 fold in purchase price but at least 10 fold in cocr if I were to sell at the recent offered price. Genuine buyers r sril out there. But greed in us ll nvr let go easily unless needed the $$$. Rental is more than sufficient to cover the bank.

In my case its loan at mof 80% for 20 yrs with instalment 14k but rental 20k. After deduction of income tax, I still hav spare $$$ for quit rent and assessment + reserve for refurbishment in future. Yet the rental ll improve overtime.

Again no doubt, if players enter today at the offered price, the rental is not sufficient for my unit unless own use. But reason behind me not selling is bcos stil hav plenty of genuine offer tabled to me. And if I dun need to worry bout installments and value stil there, no point disposing it. Clearing the loan in another 13 yrs with tenants paying it, the future rental ll b my retirement fund.

Cheer