- Gen Y thinks Damansara, Bangsar, Mont'Kiara, Subang Jaya as most desirable locations for home.

- Gen Y normally update their facebook status when buying a new property or when house warming at their new home.

- Gen Y thinks work is very mobile today, hence you don't need to buy a home if you cannot even afford lifestyle, i.e. cinema, friend-parties, AirAsia, We Love Asia, etc.

- Gen Y believes that property will bubble one day because the structural affairs in Malaysia is too corrupted to allow sustainability.

- Gen Y believes their parents could have helped them to buy first property to give them a headstart.

- Gen Y will do all they can to date as many boy or girl friends.

- Gen Y do invest alot in lifestyle propositions judging from how they makedo their hair.

This post has been edited by accetera: Sep 10 2013, 05:25 PM

but shop lot is quite expansive to invest..

Errr... I didnt regret. Lol... bought my first property, getting my second one next year if possible.
Now waiting to find next job mid next year then get another one.
My parents are tied up a little coz they r into buying lands. So i dun wan kacau. Lol

Good for not being a boomerang generation proud of you!

Be smart on your funding, do you know you can but properties without money down or banks loans ahaha. just a new skills i've learn recently quite interesting

Lol. U and me are gen y. Terima aje la. Hahaha

What new skills is that?hehe

the price of a house in city actually has no difference with a shop lot with strategic place but not in the city. We want our property to have higher chances to rent it. If you just started to invest in property and with not much financial backup, how would u ensure yourself to get half million mortgages from banks?

U can learn investment skills through the seminar or read book about property.

Aiseii....dontla sapu everything, save some for me...or at least save some for those DDD campers who are still waiting...and keep on waiting.

Lolz

What is Generation X & Y?

Born after 198x or 199x is consider Gen Y?

Gen-Y is the generation of people born during the 1980s and early 1990s, am I right?

In Managing Human Capital, Gen-Y should be born during the 1980s and early 1990s

This post has been edited by abgkik: Sep 10 2013, 05:46 PM

Well I think the price is going to inflate more since the crazy oil price increase by 10%. Can you imagine inflation 10% on it's way?

True true the rich will get richer with hedge funds and properties while others have to be fired or get their house robbed by bank mortgage. While other rich people can just wal mart thier houses.

yeah. correct.

hello taikor skalian, im gen Y (going 25 soon).. just bought a subsale house @700k+ (for own stay purpose) with my gf using our own money... if got sufficient cash in end of this year or 2014, will get another one for investment purpose... heee....

i dont have enough money to sapu everything la bro. i sikit2 cari makan only

I myslef is also a gen y @ 26. I also regretted that i only manage to buy a house this late, should have bought when i started work 2 years ago. Anyway, i manage to afford 1 at the moment together with my partner.

Starting I believe the gen y should start to plan and get a property for their own stay first before investing. Investment can come later when u have the extra cash.

Try to get a property within ur budget as in able to afford the monthly installment, and dont be to choosy on location.

Of course, it would be good if your parents can help with the downpayment which a lot of the gen y are having problems with.

This post has been edited by Freakystein: Sep 10 2013, 05:54 PM

Sorry fren not a good idea... For me. I would buy a cheap 1 first and use the rest to invest. 5 years later you'll have no problem buying million dollar home.

good for u if you started already. but not good for those who r yet to start.