I was a runner at layer office and saw workmate clicking MYEG button. With simple thinking and not intelligent in real life,I was thinking the future will be internet world, government link some more,cheap, afforable and blue chip.

I take the risk Interest rate vs Appreciation Capital. Long Run so it is not a gamble.

Buy 30 sen++ become sell 90 sen onwards. Appreciation more than tiga kali ganda. (Good Investment for me than investing property)

For own stay property buy what I can afford.

I was a runner at layer office and saw workmate clicking MYEG button. With simple thinking and not intelligent in real life,I was thinking the future will be internet world, government link some more,cheap, afforable and blue chip.

I take the risk Interest rate vs Appreciation Capital. Long Run so it is not a gamble.

Buy 30 sen++ become sell 90 sen onwards. Appreciation more than tiga kali ganda. (Good Investment for me than investing property)

For own stay property buy what I can afford.

IMHO, ppl who say Firmly I'd rather buy than rent statement (but many youngsters want to buy out of their affordability):

It's normal, it could be due to,
1. never experienced/never tried to know 1998 economic crisis, back then the rental vs installment vs interest rate all were at different mathematic outcome
2. been influenced by recent years seeing the price UP UP UP .. yahoo!
3. etc

A real case:
Recently with my fren I've seen a lady very happily viewed a 650K house, really I can't put it into words how excited she was from her words & gestures.
She seriously wanted to place deposit already, want 90% loan.

When it comes to profile checking, she said she is earning RM2300 a month gross pay, on-hand commitment is RM600 per month.
Then my fren tried to help her further by asking if she considers joint name with her husband, she+husband is earning RM5000 per month gross pay, Commitment: current apartment paying RM800 per month & just bought a new Branded car monthly installment RM1500.
Currently on-hand Commitment altogether: RM2900.

What do you think about this case? This case of course can't pass.
The above is just to share some youngsters they're just never consider about consequences.

2.3k want buy 650k house?

hmm..my turn to give my opinion also...haha

in every thing in life, we need different ppl with different roles to play...
in a competition, you need a winner and a loser else it's not called a competition...
in a trade agreement you need a seller and a buyer, else no trade can happen...
in nature, there is predator and a prey, then it's a cycle of life...
ying and yang, smart and stupid, the list goes on....

so in this case (property market), we need people who are seller, buyer, tenant, motivated/desperate seller, desperate tenant, etc the list goes on.....
so if young ppl BBB like buy vege, i would say pls go ahead don't stop, if that makes you happy....
if young ppl want to rent, also go ahead, the market also need ppl to rent else no one can find tenant...

my point is there's no should or should not.... right or wrong... is just different people playing their different roles in the same game.

Cheers....  

hmm..my turn to give my opinion also...haha

in every thing in life, we need different ppl with different roles to play...
in a competition, you need a winner and a loser else it's not called a competition...
in a trade agreement you need a seller and a buyer, else no trade can happen...
in nature, there is predator and a prey, then it's a cycle of life...
ying and yang, smart and stupid, the list goes on....

so in this case (property market), we need people who are seller, buyer, tenant, motivated/desperate seller, desperate tenant, etc the list goes on.....
so if young ppl BBB like buy vege, i would say pls go ahead don't stop, if that makes you happy....
if young ppl want to rent, also go ahead, the market also need ppl to rent else no one can find tenant...

my point is there's no should or should not.... right or wrong... is just different people playing their different roles in the same game.

Cheers....  

  rent house = save money?

The market will never burst when we got many renting demand.
U r part of it.

hmm..my turn to give my opinion also...haha

in every thing in life, we need different ppl with different roles to play...
in a competition, you need a winner and a loser else it's not called a competition...
in a trade agreement you need a seller and a buyer, else no trade can happen...
in nature, there is predator and a prey, then it's a cycle of life...
ying and yang, smart and stupid, the list goes on....

so in this case (property market), we need people who are seller, buyer, tenant, motivated/desperate seller, desperate tenant, etc the list goes on.....
so if young ppl BBB like buy vege, i would say pls go ahead don't stop, if that makes you happy....
if young ppl want to rent, also go ahead, the market also need ppl to rent else no one can find tenant...

my point is there's no should or should not.... right or wrong... is just different people playing their different roles in the same game.

Cheers....  

No matter how if youngster wanna buy anythings happen they will know. I also hope BLR maintain or market good.

the market will still burst if renting demand is only in low-medium cost/high density areas.

many factors will lead to market downturn. while decreasing property demand is one of the factor, it doesn't have to be initiated by it.

your argument is way too broad.

renting gives you the option to wait and buy when affordability fits in your budget, i.e. saving your bullets. of course it depends on how much you are renting, and how discipline are you in saving. With more disposable income, the individual will be able to grab opportunities in other financial markets like stocks, commodities, etc. I refuse to buy my first house yet, can't commit much of my income when there's so much opportunities in stocks, and IPO market. 

It's all about the game of patience.