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Investment YOUNGSTERS, PLEASE RENT FIRST BEFORE BUYING..., Dont rush accumulating unaffordable debt

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ProperTYcoon
post Aug 2 2013, 02:15 PM

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i'm sorry to say, but if you rent then buy, you will regret
ProperTYcoon
post Aug 2 2013, 02:22 PM

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QUOTE(accetera @ Aug 2 2013, 02:21 PM)
If youngsters cannot afford, they should rent.

In general, everyone cannot be asset owners or wanting to be asset owners. At the same time, asset owners need people who can rent too, if everyone buy, who want rent?
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Rent = Expenses (Loss)

Buy = Investment (Gain)
ProperTYcoon
post Aug 2 2013, 02:25 PM

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QUOTE(taithinye @ Aug 2 2013, 02:24 PM)
investment doesn't promise gain
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better than "Loss" which is considered expenses.

Paying monthly RM2000 rental / Paying monthly RM2500 installment.

which would you choose?

ProperTYcoon
post Aug 2 2013, 02:30 PM

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QUOTE(eddychstu @ Aug 2 2013, 02:28 PM)
if 2500 for a mid cost condo and 2000 for a gated landed terrace. I might go for rent
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different people have different kind of mindset.

some people prefer to pay off their money which is labeled as "Expenses" rather than "Investment"

and some don't.
ProperTYcoon
post Aug 5 2013, 09:42 AM

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QUOTE(WonPeter @ Aug 5 2013, 05:02 AM)
...2000 rental is far too expensive? for single couple, just a room enough right?
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the longer you wait, the price goes higher

 

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