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V11 - Property Prices Discussion, Intelligent debates only pls
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katijar
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Jun 5 2013, 11:20 AM
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Aiya ape susah. I am sure if so pening, bnm will.print more money. Less value for our ringgit
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after settling the loan/interest they continue to spend, then they have to get a higher loan (due to money losing value) and later on have to print more money to settle the loan/interest ... then spend - borrow - print money etc etc ...... this will lead to .... ???
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katijar
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Jun 5 2013, 11:28 AM
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Yup this is never a good thing but this will most likely happen
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i am sorry? so what will happen at the end ... ?
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katijar
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Jul 10 2013, 10:23 AM
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I think I still own nothing till now.....
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sorry, you paid cash? if not, it is the bank who owns it ... until you settle the balance!
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katijar
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Jul 15 2013, 12:03 PM
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Referring to http://www.forbes.com/sites/jamesgruber/20...d-higher-rates/, do you think Malaysians can afford higher interest rates?
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katijar
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Jul 15 2013, 12:59 PM
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Even the Malaysians can afford higher interest rates, with the currrent unhealthy property market that buyer needs "lobang" with developer in order to get VVIP status to attend the 'pre-pre-preview', do you think this is fair to all Malaysians?
That's why sometimes I don't agreed with people here asking other people to buy according to your affordability, when we look into a bigger picture, it's not fair as just putting a statement "buy according to affordability eg. RM220k at outskirt areas".
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ya .. ya, it is always not fair ... but you wan a house or not?
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katijar
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Jul 15 2013, 05:12 PM
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rates r under pressure for sure. the cost is a depr rm. question of how long can bnm resist n how far rm will depr... officially, bank analysts say 3.30 to usd is a given, so possible 3.50 then...
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dump MYR, buy USD now?
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