QUOTE(jolokia @ Jan 1 2014, 08:32 PM)
I actually prefer Jibby reverse all his control on speculators, let the market heat up then come PIGGS style property crash, only in that manner we can expect dirt cheap dead chicken lying around.
Property market now r like Pyramid scheme, constantly need bigger fool at the bottom to catch the top shit, once they can no longer find enough bottom fools they become the greatest fools & the Pyramid would end up as their graveyard.
Personally I read lyf comments similar to fairy tales at time, not only property talk, fast & furious as well, if you read fast & furious they would all said korean car is no.1 selling especially naza kia, no one buy Vios already, but in reality Vios is No 1 seller for great many years till date, here in Property talk again u sell people still says BBB but did they actually buy ? I can always said I gasap 10 units Fennel but what's the prove ? ..lol
If really can afford multiple million property no need come here or no time come here to blow water already lah. .
Those who can afford already buy till their neck already in 2010-2012 now waiting for their VP in 2014-2015 some already VP in 2013, so very desperate to unload before all the barang naik 2014 & gst 2015 take effect & water fish have less $$, so can see their drooling for naive fresh grads to be their potential victims. .rofl
i think there are still some property millionaires that do post here.
personally i don't prefer flip. many here do though. sure you can flip 30 properties and win but if from 31-36 is u have a complete loss than it is game over for you.
in the stock market nobody wins forever, so is properties.
i have been in this forum a while and people still sell despite sharp capital gain hoping to hunt the next property with a sharp capital gain. why don't just keep it for rent?