I like ur take on the matter... But wat I am more worried about is "Wat happen in 2008"... All this while I am attached to big MNC's, wic r making hell a lot of money, but back in 2008 everyone was having the same thought as you increase salary that we should be expecting as the years gone by but ended up, 2008 no bonus and no increment  .. then the worse was in 2009, salary cut, and many job was slashed especially those earning close to 5 figures ... Many of them had to find job with low salary which basically means they went backwards n lost all the increments wic they worked their ass off for, couple of years worth of increment  ... n things continued up to 2011.. Only 2012 we got back the increments but again nt great and 2013 is a gud year.. The lesson here, dun take everything for granted n assume things gone be fine..

Most of us when we take loans, we assume everything gone be fine n work as usual so we tend to over leverage and when things go the other way round, we might end up at the wrong end... I am nt married so im nt sure on the wifey thing but most of my friends, their spouse own separate property... so it really depends on the situation I guess...

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.

this has been said umpteen times, but seems 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 imagine (but debt keeps going up like mad, why?). even hawkers and teachers earn 10k pm. banks and  oil&gas 30k pm. plus those in sg, shanghai, london, billions in bank accounts 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.

What i can say is the malaysian media was very masterful in spinning issues back in 1997/98

Yeah. I am talking epf can still be used, gov can just say..yeah we will use epf to nationalize banks and all income from the bank after that will be rakyats income. Same as what happened in US. EPF fund is huge. Cyprus slash deposits in banks to save their country. And we hav EPF.

US admitted that they made a mistake by not bailing out lehman. Watched "too big to fail" movie.

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.

Means the gomen is taking steps to prevent the "crash". No more worry about "crash", right?

Construction and oil/gas. So much work till dono wat to say.

In the meantime, our best shopping malls are packed with people and people are makaning out. Imagine that day, all the resto in a popular mall was fully booked. Nia mah...