Correct, sir.
We will make adjustment.
We will be willing to cut down the unnecessary expenses, drive cheap cars and eat cheap meals to allocate more money for our home.

However, the question is not whether if we will prioritize owning a house, but can we afford even if we prioritize.
Let's say general Joes and Janes are earning an average of RM6k per month, but property prices (let's say) is on average RM1000 psf or RM1 mil (an exaggeration to illustrate the point). No matter how u cut and slice the budget, u still cannot make it.

If average Klang valley salary is at RM5k, then the average property prices in Klang valley should be around RM400-600k, maybe? But now I see more RM1 mil terrace houses than RM400k.

As long as the income and property prices are mismatched, we will have problems.

Sounds quite frank and direct to the truth.

It hurts Gen Y people especially those influenced by pessimissm and DDD campers.

Huh? Do u know what u r actually saying? Do u know that salary hasnt moved much but property prices have moved so much that gen Y cant catch up? And the loan period, we only have 35 years, not 40 years now, mind you. Even with 35 years, u think that is good affordability? We have to pay until we are old, liao. Yeah our salary hit rm10k by 30 years old. So what? A rm7k earner also finds it hard to afford normal houses these days. Not like last time. There is this thing called inflation too. Look it up. Remember, it is the gen x that shaped this screwed up malaysia for gen y. Not to mention that gen x inherited most of the lands from previous generation freely and sell and used the money gao2. Gen y got nothing mah. Check la which generation that boasts about having so much of land. Gen x or gen y? Gen x was imho the right generation to make money because they came in just after merdeka and development was quite rapid. Now gen y peeps have to be more creative to get the same wealth. Gen x gets scholarship  easily with stupid results. Gen y no way. Gen x easily gets a job with a degree. Gen y not easy to get a job with just a degree. Just because u r not gen y, dont think that situation is easier for us. I am speaking in general by not considering some exceptional cases.

Dude, i am not talking about me. My case is exceptional. I started buying when i was 23 years old. We should talk about general gen y.

why not renting? do you have the pros of renting?

That is besides the point isnt it? That like saying if I employed a maid and the maid cooked lousy meal, then the maid said back to me," if u dont like the meal that i cook, u dont eat la. u go eat bread only". Also same like," you tak suka, you keluar malaysia la. sapa suruh u stay. nobody ask u to stay". 

Errr. i never blame gov liao. check my previous comments bro. i said that it is harder for gen y to make a living and become rich as compared to gen x. thats all ma.

not saying gen y never bs also. coz gen y also bs about not paying ptptn, complain2 houses so expensive but never want to resort to cheaper houses like flats and cheaper condos. but all these are besides the point that it is easier for gen x to become rich as compared to gen y.

My 2cents of advise if the gov increase the quantum of foreign buyers to RM1 Million and above the developers would drop the price and make way for local buyers and do you think there will be sky rocketting price

At 28 & 30, assuming they started work at 20-21. If they are graduates and have been working for 8-10 years, rightfully they should have been able to save the 10% for a modest home.

So, the fact is, people need to buy within their means. But they expect the value of things to match their income instead. So, if they have slow growth in their income, then goods and services should also not grow? That's complete BS. There are always home that will match their income, but they do not want it because they either think it's too small, too far, too ugly, not in posh neighbourhood and all sorts of excuse. I remember in another thread someone posted an old house in Bandar Tun Razak going for less than RM200k not too many months ago. Now, tell me if that is unaffordable. Heck if they want to complain, I have a Low Cost Flat about 720 sqft going for RM110k if they want in Puchong. I'll sell it to them. Cyberjaya pigeon hole 700 sqft going for RM400-500k. So? If it's a home people are looking for, do they want it?

It is now about expectations. I bought a 1400 sgft condo for RM260k in 2005 when I was 31. Now you can't find one like that for sure. So, with the same budget or around 300k, opt for something smaller and maybe slightly further away. There is no price to suit everyone. But there are multiple price ranges to suit diff people with different earning capacity.

I only managed to buy my own home at the age of 32, mind you. That's why some people said, we have to work hard, be stingy and save to buy a home. We did not have it easy as you claim. Now graduates come out only, want smartphone, want nice car and etc. If you must know, they are born into an era of privileges as well where the previous generation has provided a roof over their head, provided for their education, provided for their current needs in a bustling environment where good food and entertainment are everywhere. Back in my 20's, I didn't know what fine dining was except at hotels. But now, all these teenagers are eating in them and they are everywhere. When I was in college 1992/94, I had 2 jobs; weekdays night till midnight after classes and Sat/Sun full day. When I started working full time, I still maintain my week nights job and the Sunday job. 3 jobs. Now Gen Y, tak suka only, quit. Look for job, ask for 4-6k even with only 1-2 years experience. Yes, not all of them, but many of them.

So, stop whining puuhleaseeee .. there are many others who had it even tougher than me.

IMHO, I don't think government will increase e 500K to 1mil (bcz we're not in situation over-flooded of foreign buyers); they'll RE-announce PR1MA