Dec 16 2013, 07:37 AM
QUOTE(TiramisuCoffee @ Dec 15 2013, 10:32 PM)
I'm most curious, why the average Malaysians die die must own a property instead of comfortable with renting . Renting not a bad option actually. Don't like the place, can simply move out. Can upgrade residence without needing to worry about assessment, rpgt, maintenance fee etc etc... 
Ups and downs. Good thing about renting is flexibility. Even if you lose your job the next day, you won't scratch your scalp too badly. Move out after rent a smaller unit. Bad when you still need to pay when you are 75 and laying helplessly on the bed.
Buying property is good but I don't really know why they keep upgrading. From 200k loan, keep upgrading and ballooning until close to a million.
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