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

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hazairi
post Jul 19 2013, 09:30 PM

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2,694 posts

Joined: Feb 2007
From: KL


Latest news today:

http://www.theedgemalaysia.com/commentary/...ehold-debt.html

Brief summary:

- household debt is at it's all time high in 2012, 83% of GDP
- income didn't increase
- in Asia, it has been noted that Korea, China and Malaysia are the most leveraged economies in terms of magnitude and growth and hence most vulnerable.

Be prepared for the bubble to burst guys.

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