Anybody heard this? Diesel is missing all over Malaysia.
And what type of gasoline do the machinery that works on property? Diesel right?

This is a precursor to increase in diesel price ladies and gentlman.... and I guess property will go down???? I mean I want to hear from people who say that property is going to go down camp. Is it possible for property going down?

IMO this is infaltion at its best. Property is going up because of cost push inflation AND combine with demand pull inflation, be realistic.

Chicken goes up, fish goes up, vegetables go up, sugar go up and only property goes down?

Hmmh another point talking about economy, during the 2008 crisis in the US, interest rates went down to almost 0%. But some of us here are arguing that property price will go down because we cant service the loan due to increase interest rates, therefore more default.Learn from US, Japan etc..but really? Let say the economy is really in a bad shape in Malaysia, are we going to increase intrest rates? But then US didn't do that.

My take is always, Malaysia is different from the rest of the world. But the negative thinking people will say...just wait, Malaysia will crash soon. Dont buy anyhthing yet, learn from US, detroit, japan..bla..bla..bla. Well, they can keep on waiting.

but if u only have so much money left, will u buy house or buy food to survive?

in the US interest rates almost 0%...but ppl are losing jobs on a daily basis in 2008 and cant service loan, so props of coz go down lo.
U think in Msia if interest rates down to 0% and ppl are losing jobs but props still can sell at 1000sf?? yeah...rich ppl still can buy this no doubt

this has been said umpteen times, nobody cares.

and the rebuttal is always - msia is special, msia is diff, more rich people than poor. many a lot richer than u think, like or imgine (but debt keeps going up). even hawkers earn, teachers earn 10k pm. banks and  oil&gas 30k pm. plus thsioe in sgm, shanghai, london, billions ready to buy.

so, how can anyone not have moolah to buy anything? u must be lazy or and negative.

feel like giving up?

Then we hav 1998 for us as a benchmark. KLCI went down to just 200++ only but did we hear any property firesales? They were people who lost property due to bankruptcy of course but not because interetst rate increase or interets rate went down.

This is to the fact like iceman said, we hav a different economic theory cant compare wit US. If ever interest rate went close to 0% here, i believe property investor would rejoice. And we still hav huge KWSP to bailout anybody, as what we went through 1998. There will never be the lehman brothers incident here.

http://www.thejakartaglobe.com/business/ma...rs-exaggerated/

Whats gonna happen when all this hot money vanishes? G better have some spectacular fiscal plan to boost productivity/ growth... I have a feeling, someone is gonna ask the rakyat for ideas very soon... 

i admit i can't follow a lot of what's written here, so maybe guys like agent diary and anon can help out, thanks.

for those who who keep saying "inflation-gst-tax-weak rm will just keep pushing local prop prices higher, people still buy, dun wait", do read this fresh , very long and complex article and analysis, see if that is consistent with yr beliefs n hopes...

http://blogs.wsj.com/economics/2013/08/05/...adds-to-unease/

tsk tsk tsk... boleh land is really boleh land... with everything dropping from currency to trade surplus somehow they can still find the time and focus to give hand-outs... LoL!!!! How typical... Hmmm... wonder how much longer till we adopt India's approach (raise interest rates) maybe by then it might be too little too late...

The depreciation of ringgit is actually good news for our struggling exporters, particularly those SMEs, which have been lobbying for protection from Govt for some time. Iskandar Malaysia is amongst the property beneficiary from a weaker currency as it will help Iskandar to overweigh other upcoming cities in ASEAN in terms of investment prospects amongst Singaporeans.

Further to that, almost 400 bigger companies are refusing to follow the Minimum Wage guidelines as they felt the entire workforce will be skewed towards a gradual increment in salaries which these companies cannot afford to do so. The only way out is the companies must make some money first then invest in technology to improve productivity before hiking up everyone salaries. But analysts are concerned this may not come easy and may not even come before 2015.

The biggest issue with Malaysia is lack of reforms on fiscal policy, bigger and bigger budget deficit due to increase in civil workforce, public debt ratio is reaching the ceiling, very high household debt and a dwindling trade surplus and current account. Our unemployment rate has also increased slightly, where critics say the increase is mainly in plantation sector and could be due to minimum wages that had essentially removed some bottom tier workers.

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.

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.

Thanks for repeating that (was very lazy to reply).. Many out there don't even understand how these rates work... They think they do and just mouth-off and embarrass themselves ... and dats the fact!!!... 

In fact, there is no real relationship between fund rates and mortgage rates (based on studies)... Sigh... What a joke...

I am not confused laa aiiyoo. The mortgage moves with the fed rates. The fed rates cant go any lower, that means the mortgage rates cant go any lower. Our mortgage rates moves with the OPR rate in Malaysia right? Same concept laa. Of course la morgage rates cant be 0.25%.

And the only anticipation when fed at 0.25% is interest rate is going up coz it cant go down no more. Now the guessing game is how long will it be at 0.25% and how the market will react when they think fed will increase, dats it.

LoL!!!! Don't waste your time explaining la, save your saliva... before the discussion heats up and moderator has to close down the topic... Fact is some just don't want to accept da fact dat they're wrong and da fact that they should read more before mouthing off...

But I'm surprised that some studies actually show a negative relationship ... i.e fed rates down, mortgage rates up... could be coincidence... 

Tertembak sendiri pulak... ROFLMAO!!!

 

Yup... Twisting and turning to get out of the tight spot... When wrong be a gentleman and admit it... Instead of being so childish... That's why sometimes it's wasting time and effort... I know quite a few senior bankers and seriously it doesnt mean someone that works in a bank knows all this that's just plain ridiculous to make statements like this... Anyways... Got better things to do then waste time explaining but good effort in doing some research... Please do more homework before mouthing off.

Freaking emotional ... lol!!!! Thinks the whole world revolves around a single person... 

For the benefit of all others, please note that Fed Rates and Mortgage Rates (in the US) have no correlation... as some may have intentionally/ unintentionally keep reiterating... The following website contains a graph mapping out these two rates against each other and it is very extremely clear there is no correlation.

http://investing.curiouscatblog.net/2008/0...e-rate-changes/

Lesson to learn is please please please be very very wary and careful of what you read here as some may sound convincing but in actual fact are spreading misleading and misguiding information.