10 Reasons It's A Terrible Time To Buy An Expensive House

http://patrick.net/housing/crash1.html


Maybe this can help shed some light for those looking to enter... Point number 3 makes sense!!! Hmmmm...

This post has been edited by Rooney1985: Aug 13 2013, 11:56 AM

http://patrick.net/housing/crash1.html

A real hardcore DDD...... It's amazing u can find so many DDD related report, news, articles...... U really live up to a DDD.........

Wow... from reading the article you feel that its DDD related??? amazing how a one-track mind works... The article shares scenarios that encourage buying as well.. if the current situation fits a buying condition then why not???

Sigh... utterly disappointed by your accusations... To others I hope you find the article helpful...



Btw, this article was forwarded to me by a banker friend... LoL!!!!



This post has been edited by Rooney1985: Aug 13 2013, 12:34 PM

If it is so terrible to buy expensive house then dont buy expensive house ...buy cheap ones, there are lots...but then nobody wants to buy cheap. There is a rundown 30 yr old flat in Taman Maluri, 100k 565 sq ft, any takers? It is 2-3 km away from KLCC.

Then somebody will say I am an agent after this.

Not consider DDD 'related'??
Wow..... Then my apology...... Frankly, I stopped at point 4 already.....
I didn't say its not helpful...... I'm jus 'impress' and 'amaze' by u mah...... It's a compliments u kno?.....

Then I'm glad it's helpful to you and hopefully helpful to those looking to enter the market to maybe use those points as an indicator ...

Thanks for your enlightenment
But even interest rate increase
Not every houses price will fall
Depends to location also la
And the willingness owner to give us discounted price



This post has been edited by Singleon: Aug 13 2013, 12:59 PM

meanwhile,

based on my ipr@perty check just now, asking price of selangor properties are still up up up ... correct me if i am wrong ...

INB4: uuu camp or agent

Errrrh....... I didn't say its helpful for me..... I mean it may help others.........

Oh really?? I thought plenty of cheap stuff out there!!

I think you will get your house soon, bcos you know the reality and accept the facts

I just read 1 or 2 then stop, it's good article but from US, if you have chance to speak anyone from US, they may tell u don't buy although year 2008, 09, 10, 11. They really have nightmare about property investment.

Aiyo..... I read to 4 because contributor highlighted point 3....... At least i trying to show some support to those DDD contributors.....

Thanks, but just feel sad.
Becoming the debt slave soon....

I hope unlike purchasing Samsung Smartphones...
now buy S4 price as 2.2k..... weeks later S5 announce....terus jatuh 1.0k
pokai lo

Knowing property price also got up and down.
If price goes down...also about 20-40k....
Just lying to myself la...to convince me

dont worry, 2nd hand car and electronics gadget price drop a lot, but property no.

support support

The article is definitely for US readers only. The so call no 3 points...of course laa, US interest rates Is 0.25%, it cannot go any lower. Why people want to think and wish that all this bad stuff should happen to Malaysia? If u miss the boat u miss it. Accept dat fact.

i pointed out many times, this is the last.

far too many ppl is confused between fed fund rate (0.25%) and mortgage rate. As per today, avg US 30 yrs ARM rate is 4.2% for avg med credit score. Which is quite on par with Malaysia current 4.2 - 4.5%.

i pointed out many times, this is the last.

far too many ppl is confused between fed fund rate (0.25%) and mortgage rate. As per today, avg US 30 yrs ARM rate is 4.2% for avg med credit score. Which is quite on par with Malaysia current 4.2 - 4.5%.