Nice, inspirational story. Thanks for sharing. I'm into property investment myself, but not earning as much or have properties valued that much. I'm still happy with what I have nonetheless and always strive to increase my wealth... :-)
There always needs to be a starting point. I'm not trying to be too critical of today's youths, but a lot of Gen-Y's seem to be complaining more than anything else. If you take a look at lamode's story and experience, he bought a cheap property back in 2009 at RM210k, which is a 3 bed-room unit. Well, it does seem cheap now, but was it considered cheap back then? If you compare relatively to the early years in 2000, it was already considered expensive. One just need enough courage and conviction, besides enough homework, before jumping into property.

When I got my first property back in 2011, it was a 3 bedroom, 750+sqft unit at RM230k. To make things worse, it was a leasehold property. Yeah, it is considered on the cheap side, if you were to look at today's market, but back then, it was crazy! And I guess that's how one gets started.

I just secured my 3rd property recently at Mah Sing's Southville. And just like lamode, my debt has also increased significantly, for the better or worse. Today's Gen-Y's need to be realistic and not so choosy. I have young colleagues (mid 20's) who are earning around RM5k and yet lament that they can't afford to purchase any property in KV. Besides a hire purchases loan, they have no other financial obligations/debts. And yet they say they can't afford to own a property? If other people can do it, I don't see why they can't.

no more DIBS and increased RPGT.

seem like need to adjust the game plan.