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 V12 - Property prices discussion, For non "UUU" and "DDD" campers only...

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Nomos
post Jul 20 2013, 11:08 PM

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I do think sentul has a good future. But ytl cant do it alone.
Nomos
post Jul 21 2013, 07:37 AM

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QUOTE(lucerne @ Jul 21 2013, 07:09 AM)
i think many ppl think that no point keep money in bank. money will get smaller especially when Jib gor announced high income (high inflation?) by 2018. so we are 2 years earlier for high income high prices era. i think more parents willing to fork otr thier saving to buy prop for their children. 1000 today maybe will become 500 in 2018. everything start naik harga now.
beside prop what else can we hedge to inflation?
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I agree with this.. Money will most likely shrink faster than we were used to in the past.
Nomos
post Jul 22 2013, 02:45 PM

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QUOTE(kidmad @ Jul 22 2013, 02:36 PM)
bro to say there is no bubble that's not true.. bubble is building up everyday it's whether can the market still support it.. Looking at the progress right after election... it isn't really a good sign man... but to have it blow out of a sudden it's impossible la. let's monitor the subsale market. as long as the subsale market is still going on.. we are safe.. but the moment the sub sale isn't moving then we would need to be really cautious by then. again if you buy within your capability your gonna be safe.
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I concur with this - proceed but with great caution. Dont be overzealous.
Nomos
post Jul 30 2013, 11:57 AM

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What i can say is the malaysian media was very masterful in spinning issues back in 1997/98 smile.gif
Nomos
post Jul 30 2013, 12:42 PM

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QUOTE(mIssfROGY @ Jul 30 2013, 12:02 PM)
what was the real deal back then?
Too young to know whats going on...just know few of my skoolfrens have to stop skool overnite coz parents went bankrupt....so sad.
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It was a coming of age time for me as well but i do know there was more panic than what was alluded to in the press. One large firm (which i joined some years later) had to change major business strategies almost overnight to survive, rolling heads along the way. Yeah i did have friends whose parents called back from uni because business wasnt good anymore. The govt kept blaming the west for our self-induced problems and a large number of people bought that idea.
Nomos
post Jul 30 2013, 03:19 PM

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Hire purchase bankruptcies my guess is due to loose lending practices of banks, and not much to do with car prices per se. Many lower income workers aspire to own cars at great sacrifice to quality of life (an attitude that is not sustainable in the long run). Again my guess - a large bulk of bankruptcies comprise this group, who are also not likely to own a mortgage or property in the first place. So its not exactly fair to compare house purchasing habits to car purchasing statistics imho.
Nomos
post Jul 30 2013, 03:35 PM

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QUOTE(AmayaBumibuyer @ Jul 30 2013, 03:28 PM)
It doesnt matter if loose lending is the case, if they were cheap, we will always have extra disposable income that can go to other places.
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I know, and i too always believe car prices are distorting our disposable income in a bad way. However knowing malaysians, if car prices are cheaper they'll stretch to the max (with the current lending system) and buy the nicest one they can tongue.gif back to square one.
Nomos
post Jul 30 2013, 03:49 PM

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As long as banks do what they do house prices will keep rising...
Nomos
post Jul 31 2013, 06:08 PM

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Great points!
Nomos
post Aug 1 2013, 05:18 PM

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If im not mistaken i think anon was only referring to blue chip stocks. Has any been wiped out in the last 30 years? Anyway i think the key message was dont get overexposed in property (and not this is better than that etc)
Nomos
post Aug 1 2013, 08:04 PM

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QUOTE(AmayaBumibuyer @ Aug 1 2013, 06:26 PM)
Yeah dats why for me i think it is impossible dat majority were investors on that day.
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To me, real home buyers wouldnt queue up like that, especially for a condo at that price in Sentul which is an area im almost certain many of them havent lived in before. If they were selling DSLs maybe... But these condos? Im not denying the project is attractive. But if these people wanted, they could have bought nice existing condos in the vicinity.
Nomos
post Aug 2 2013, 10:37 AM

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When green light can help post here kah? Hehe
Nomos
post Aug 2 2013, 05:45 PM

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The PM now probably feels he should have lost the GE, in hindsight tongue.gif
Nomos
post Aug 6 2013, 12:54 PM

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Raya promo that good? How was it last year i wonder. I would have thought taps are drying up by now
Nomos
post Aug 21 2013, 08:16 PM

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QUOTE(Rooney1985 @ Aug 21 2013, 08:10 PM)
US QE trillions of dollars spread across the world... Bernarke just mention QE tapering emerging markets all look like dying...the tapering hasn't even start and markets dropping like sh1t... What you think will happen when the trillions of dollars officially start returning to US??? Lol!!! So now suddenly you asking the wannabe economists... Ahahahah...!!! Faster buy more properties hahaha!!! Hmmm wonder how many percent BNM will increase interest rates to stop capital outflows?? Anyway should be futile like India... It was never economic fundamentals that contribute to growth but just cheap credit... Take that credit away and you have a failing economy... brows.gif
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The truth can be simple but shocking tongue.gif
Nomos
post Aug 21 2013, 10:06 PM

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Malaysia is different? tongue.gif

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