Investment GEN-Y, WILL YOU BUY & INVEST PROPERTY IN 2014?, More and more Gen-Y buying their first
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 Sep 10 2013, 04:28 PM
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#1
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55 posts Joined: May 2013  
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I think It's Harder to buy Property Nowadays with The crazy petrol price. Most Gen Y I know come out of school with PTPTN loan and they have to pay like a bomb to the government. They have to go out station to work which includes CRAZY petrol and house rental. Sorry if I offend anybody but it's a true story... It's not a matter if the "would" but it's a matter that they can or cannot.
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Sep 10 2013, 04:36 PM
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#2
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QUOTE(JonYeap @ Sep 10 2013, 04:33 PM) Fresh graduate could hardly own properties on hotspot areas. Nice so you're into property investment too? I really hope my son wants to know a bit about investment. Haha hope see don't see this post but fail to brain wash him. I think he's kinda too spoiled sometimes.It really depends on the location they are looking at. Evenso, if it is a good buy, a lot will be snatched by potential flippers/ rich tycoons who wants to get for investment. Therefore, not many younger gen y is able to get a property. JB area will be snatched by Singaporean KL / Selangor hotspots will be snatched by rich investors/flippers immediately. It is not a matter of whether would or not, its matter of can or cannot like stephanielum said However, I might consider getting if my recent one can be rented out soon. Then next year will consider another one.  |
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Sep 10 2013, 04:46 PM
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#3
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QUOTE(LilyKoay @ Sep 10 2013, 04:40 PM) although parents pay for down payments,children also will very pain for the commence instalment. I agree with the regrets but for some people, but if you're really inside the property investment game you'll know how you can make money in down or up market just like robert kiyosaki said. It's not there's no good deals out there it's just most people haven't look though enough deals and made early conclusion. |
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Sep 10 2013, 04:51 PM
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#4
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QUOTE(fkinmeng @ Sep 10 2013, 04:48 PM) robert kiyosaki himself is not doing so well now. Well of course there're some set back I my self lost around 1.5 million for making some ego mistakes but I learn my lesson bounce back and made 3 times as much net worth in a half the time I spent.how many fresh graduates can actually have the fund to play the property investment game? |
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Sep 10 2013, 05:02 PM
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#5
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QUOTE(Robert Lim @ Sep 10 2013, 04:59 PM) Well, to start invest for the first time, aims for cheaper house and for the first down payment, you will have to save money by your own. Maybe I'm an investing fanatic (especially when it comes to property investment) but, "investment in knowledge pays the best interest" -Benjamin Franklin ahahaha look for some financial books will help you manage money by many folds |
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Sep 10 2013, 05:20 PM
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#6
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QUOTE(Robert Lim @ Sep 10 2013, 05:18 PM) Investing in shop lot property doesn't have to be in big city as long as the location is strategic. Agree some shop lots do better than the those in cities in terms of rental and mortgage turn over, they would rent it longer if the price is reasonable and you don't have to worry about renovation most of the time. |
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Sep 10 2013, 05:25 PM
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#7
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QUOTE(JonYeap @ Sep 10 2013, 05:23 PM) Errr... I didnt regret. Lol... bought my first property, getting my second one next year if possible. Good for not being a boomerang generation proud of you!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 |
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Sep 10 2013, 05:27 PM
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#8
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QUOTE(LilyKoay @ Sep 10 2013, 05:23 PM) but shop lot is quite expansive to invest.. 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 |
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Sep 10 2013, 05:44 PM
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#9
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QUOTE(LilyKoay @ Sep 10 2013, 05:40 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. |
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Sep 10 2013, 05:53 PM
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#10
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QUOTE(xiaojie88 @ Sep 10 2013, 05:49 PM) 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.... 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. |
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Sep 11 2013, 03:24 PM
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#11
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QUOTE(LilyKoay @ Sep 11 2013, 03:22 PM) i think klang valley is a good choice.. I think so too, Klang valley price will appreciate faster in the future. Should buy more... A hahaha |
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