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Investment 4 Critical Signs of a Bubble Market, Property Investment

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Veda
post Dec 31 2013, 10:36 PM

On my way
****
Senior Member
650 posts

Joined: Oct 2009
From: Formerly Perak, now KL
Bears gathering 1.5 hours before 2014, hoping 2014 will be their year at last? tongue.gif

I'm not convinced there'll be a property crash or serious correction. Malaysian market is special, it always act differently from overseas mart like Singapore or HK.

Furthermore, the property bulls have a secret weapon - the hundreds of thousands of Malaysians making good money overseas who are still attached to Malaysia and who want to buy homes here for investment, retirement etc. when I first get started in property in 2008, the "investors" that I hanged out in a forum are 90% Malaysians based overseas - Spore, Australia, UK etc

But I won't mind if there's a property crash - 50% also I'm not scared. I want to buy more properties. There'll be the time to separate the men from the boys laugh.gif

This post has been edited by Veda: Dec 31 2013, 10:44 PM
Veda
post Dec 31 2013, 10:43 PM

On my way
****
Senior Member
650 posts

Joined: Oct 2009
From: Formerly Perak, now KL
QUOTE(joeblows @ Dec 31 2013, 10:12 PM)
Securing loans is one thing. The hard part is securing profits on your "investment".

I think we all agreed rentals can't cover the mortgage even at record low BLR. Even agents will admit this.

Now, then the only way to make a profit is find another sucker to take it off your hands for a higher price.

As a very famous trader once said:

"When you sit at the trading terminal you look for the sucker. When you don’t see one, it’s you.  In this case it was me."

Mark Cuban (millionaire trader who lost millions on Facebook stock).

So, since prop investment has reduced to be trading, how many suckers you think are left to buy?  wink.gif
*
I'm neither a hardcore bear or blind bull, but the fact that many bears have capitulated (including one fella who used to argue in Property Talk for the DDD cause like his life depended on it) does make me a bit wary.

One good quote deserves another. Here's one from Joseph Weisenthal brows.gif :

QUOTE
Now there's always a danger in changing your mind on something after a gigantic rally, because that looks like "capitulation" and that usually happens at the top, and then you're made to look like a fool twice. First you end up looking like a fool for being negative at the bottom. Then you look like a fool for changing your mind at the top. You see this kind of thing happen all the time, because humans are herders, and it's difficult to have contrary opinions, especially in markets where the price moves against you daily.
Veda
post Jan 13 2014, 10:35 PM

On my way
****
Senior Member
650 posts

Joined: Oct 2009
From: Formerly Perak, now KL
QUOTE(bearbearwong @ Jan 13 2014, 09:13 PM)
Yup tinking and hoping bt times will give out sum firesales and for me to grab... it already unsustainable.. the more rampant and freely the prop price go.. the worse our future be.. we be bind by debts forever.. I just want house which is affordable to me..

why no good aihhyaa low yat net not many ppl.. bt times keep posting to CONTAIMED DAMAGE so we do spread elsewhere..

man.. government 3 major step vs developer sweet words ( vibrant property ahead.. remain challenging.. yada yada.. expats... still cheap within the region.. if you poor does not mean everyone cant afford.. everyone have holding power.. price will go up coz we have limited land and constructiob material up.. future price sure up.. IF YOU DONT BUY NOW U WILL REGRET.. and etc arguement)

It is a sick joke to me ppl still in BBB mode in these climate.. gen y are stupid .. they should not behind those unclee...
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"Affordable" properties are still available. One example is Seri Jati in Setia Alam.
http://www.iproperty.com.my/propertylistin...artment-forsale

This post has been edited by Veda: Jan 13 2014, 11:30 PM

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