Investment 4 Critical Signs of a Bubble Market, Property Investment
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 Jan 12 2014, 12:02 PM
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#1
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1,176 posts Joined: Oct 2013 
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QUOTE(ManutdGiggs @ Jan 12 2014, 11:41 AM) In 2002 not many dare to enter the DPC as many claimed tat 400+k in kaptong is crazy. Fast forward to 2014 now. Regardless of the boom, I BTC so cant find a gd word to describe. My relative bought the RM400,000 DPC. Loan is only around RM2,300  Year 2002, with my working class earning ( wife and husband office executive earning) I can easily resolve such monthly RM2500 cash flow. |
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Jan 12 2014, 12:14 PM
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#2
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Senior Member
1,176 posts Joined: Oct 2013
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QUOTE(jolokia @ Jan 12 2014, 11:51 AM) R U serious ? lol What you said is correct.Without flipper every one can get a good property with reasonable price, many flippers bribe the developers staff to hold on to good property before launch, causing genuine buyer lack of good choice, this in fact allowed developer jack up the price further, thus eventually kills the entire economy as people have less nett disposable income to spend on other sectors, this is what happened now in Hong Kong & Singapore, as if wasn't flippers that destroyed the US & Spain economy during 2008 real estate subprime crisis which still can't solved till today. 1).I work with developer. 2). Most developer staffs holding few units to flip or help flipper to flip by taking some commission. 3). Many rule on sales staff. 4). But still many can find loophole. 5). At the end of the day. Company one eye open one eye close. 6). Company happy because price is higher and flipper are the most profitable customer. |
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