7 branches? Bubble tea?

Developers are well known to 'tekan' their suppliers to death. If they say theyre a victim of rising costs, it's mostly bs.

In other words no one can meet his asking price but he refuses to budge because everyone is asking for similar (and facing difficulty selling)

No one selling, no one buying & no one occupying - is that a good market?

Just a few months back u were salivating too bro

But nobody will admit to being a bull - everyone's a careful investor

No worries. We still have the rich folks to sapu everything.

The true rich remain rich because they are savvy. Sapuing everything just because they are cheap isnt always wise

Oh yes you do because your asset isnt valued in isolation.

Rafizi never mentioned 'subprime' - read the article again lah. The word was used by the editor on the headline.

No govt in the world wants their economies to tumble, yet it happens. Come on lah wake up.

Pity them la, cannot afford branded clothing.

Since when is our govt taking austerity measures? I thought that mean things like slashing govt servant pay, reducing expenditures and so on.

Well at last the govt is taking austerity measures ... Will this send shockwaves now?

Haha austerity measures tahi kucing mah

Even if u hv the 'reserve' and holding power, during a collapse the parameters change. Reserves may turn into survival money. The govt may decide to put various limitations to ensure nothing flees the market so easily. Today's good buy prop might become a goodbye.

Actually what is the point of boasting about strong holding power? The longer you need to hold (no suitable buyer/renter) the more money your investment drains out, unless one is sure the prop will be valued 3-4 times higher by the time you're ready to let go. But even then will there be enough profits for it to make sense after holding it for so long?

How big and reliable exactly is this market? Ask those people who assume so and i bet they cant even tell for sure. Why put so much hope on a vague market? A lot of flippers / short term investors dont know for sure who their target is. Many times in recent years theyre likely to be selling to other late entry flippers disguised as 'buying for kids, holiday home etc'. Its like running an MLM business over the past 5-6 years.

Many have given up the idea of ownng a home lah. They graduate and the cheapest hous they can 'accept' living in costs rm600k and above.

Ya lol its usually the reason