QUOTE(boyslikeboys @ Jan 7 2014, 04:42 PM)
Critical signs of bubble... what bout critical signs of inflation ??????????
Petrol up, sugar up, toll up, GST up! Everything will only go up.
Keep living in fantasy properties will plunge to dirt cheap prices...
Minor correction maybe but not prices back in 5 - 10 years.
It has already started.. just not bubble big enough.. and just so silent..inflation..how many percent not more than 10 percwnt per item ..
The speculators after inflation does not affect them all wat..they bought it around 430 then selling off at 780k.. 350k profit.. inflation got affect them ah my friend...
if inflation is so hard to cope/ affect them.. they shouldnot bought those propwrties at first place.. coz everytime the properties change hands.. legal fees.. stamp duty loan intetest.. snd etc surely will further increase the selling price true bo..coz they wanted to factor in.. DIBS is the tool of speculation...u understand bo..
inflation of of house hold items of a few cents and further made out to few hundref ringgit per month is so hard to cope what not a property which is 350k extra.. just to help these flippers to stuff their bank account full..
Property speculators are largely responsible to the price increase.. they have tarnish the markey becoz of greed and still denying it... they artifically poison the market with price of property which is meant for years to come say like selling at the price 10 years to come or worst will never come.. coz even flippers dont buy back the same price they sold..
This post has been edited by bearbearwong: Jan 7 2014, 05:32 PM