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V12 - Property prices discussion, For non "UUU" and "DDD" campers only...
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moon yuen
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Jul 29 2013, 09:12 AM
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let's said Malaysia property price really do drop (eg. 10% or more), normally how it takes how many year to pick up back ?? Based on statistics ?
When is out previous property slow down/ crash the most recent one? It take how long to raise back ?
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moon yuen
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Jul 30 2013, 10:35 AM
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I m newbie in property.... People suggest government to raise interest rate to reduce speculation... But, then these people also mentioned that property buble is forming...[/B] Do rise of interest rate speeden up the property bubble ? Will our government do that ? It's a fact Malaysia household debt is increasing.(NEW HIGH) With the rise of interest rate, can they continue serve the debt ? Personally, I think property price now is insane... I really hope for a market adjustment. But, will market react the way I think.... I don't know... I don't hope property market to be collapsed, that means Malaysia in big trouble lo. Economy recession ?? Who wan this?
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