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 Is the bubble finally bursting? 2014, V2

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OPT
post Jan 16 2014, 03:35 PM

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QUOTE(planb2 @ Jan 16 2014, 03:25 PM)
Brace yourselves. What they predicted to happen years ago, the turning point already happened months back with the policy changes. Also the effect of tapering is positive for USA when it's economy is growing but highly negative for emerging. The full effect will probably be seen in months to a year when tapering increases. HK and sing coming down so are the other emerging markets, not a wise thing to go against momentum. Plus all the weak flippers, give it a year or two, they might just pull down the tent on all the "investors".
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Time will tell.

Currently it's not a hard landing, so give it some time before the reality sinks in rolleyes.gif
cheahcw2003
post Jan 16 2014, 05:14 PM

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QUOTE(godlikexioo @ Jan 16 2014, 03:10 PM)
Burst just let it burst, "How many 10 years do u have in your life", enjoy the show whether Good or Bad. "Hong Hong liet liet" 轰轰烈烈 to do it in one round. after 18 years be a tough guy again.
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u sound like 隔岸观火
godlikexioo
post Jan 16 2014, 05:31 PM

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QUOTE(cheahcw2003 @ Jan 16 2014, 05:14 PM)
u sound like 隔岸观火
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i hope myself really in opposite of the river side to enjoy the show, unfortunately, I'm already in flaming....
value_investor
post Jan 16 2014, 06:44 PM

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I tell you the truth, when real estate crashes 90% of you will not have the balls to buy. When bubbles burst it usually comes hand in hand with, stock market crash, currency crash, job market crash, high interest rate, etc.

The good news is I'm in the 10%, which means the rich will always get richer!

This post has been edited by value_investor: Jan 16 2014, 06:49 PM
AVFAN
post Jan 16 2014, 08:36 PM

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QUOTE(value_investor @ Jan 16 2014, 06:44 PM)
I tell you the truth, when real estate crashes 90% of you will not have the balls to buy. When bubbles burst it usually comes hand in hand with, stock market crash, currency crash, job market crash, high interest rate, etc.

The good news is I'm in the 10%, which means the rich will always get richer!
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understood... if the 90% still have balls to buy, there won't be crash la...
gspirit01
post Jan 16 2014, 08:51 PM

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QUOTE(value_investor @ Jan 16 2014, 06:44 PM)
I tell you the truth, when real estate crashes 90% of you will not have the balls to buy. When bubbles burst it usually comes hand in hand with, stock market crash, currency crash, job market crash, high interest rate, etc.

The good news is I'm in the 10%, which means the rich will always get richer!
*
You are correct, most won't have ball. It is just not profitable if price crashes and maintain the same price for the next three years. Here are from a previous discussion:

QUOTE
If dead chicken is coming, would you pick it up ?

Assuming the price stop falling and maintaining for the next 3 yrs (Optimistic assumption, in reality, the price will keep falling!):

1st yr, 0% up
%profit with rent/outlay = -34%
%profit w/o rent/outlay = -49%
COCR (w/rent) = -40%

2nd yr, 0% up
%profit with rent/outlay = -36%
%profit w/o rent/outlay = -60%
COCR (w/rent) = -48%


3rd yr, 0% up
%profit with rent/outlay = -37%
%profit w/o rent/outlay = -57%
COCR (w/rent) = -46%
kradun
post Jan 16 2014, 09:09 PM

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People with good sight see opportunity, without good sight see disaster as opportunity.. and every1 also thought they have good sight..
twincharger07
post Jan 16 2014, 09:12 PM

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QUOTE(AVFAN @ Jan 16 2014, 08:36 PM)
understood... if the 90% still have balls to buy, there won't be crash la...
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wah... new enlightenment... so meaning that those say wanna buy when it crash "man man dang la"... rclxms.gif
SUSjolokia
post Jan 16 2014, 09:38 PM

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QUOTE(twincharger07 @ Jan 16 2014, 09:12 PM)
wah... new enlightenment... so meaning that those say wanna buy when it crash "man man dang la"...  rclxms.gif
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Can also mean 90% will Chickened out don't dare to die die also hold, they would throw their current holding in Fire Sales....wakakaka

It happened in the mid 80s & again late 90s, so expect it to happened again.

U think top 10% richest will come here & waste their time to post rubbish ? from those comments I bet he is nothing but empty talker like Aberdeen...lol

Since only 1 million Malaysians is paying income tax, 1/29 which is about 3.5%, hey hey hey I am among the top 3% ...rofl

This post has been edited by jolokia: Jan 16 2014, 09:44 PM
Soros007
post Jan 16 2014, 09:58 PM

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Picking dead chicken in prop? Best to have big balls and do it in trades.
This was fun in 2010 and happened so fast - http://en.wikipedia.org/wiki/2010_Flash_Crash
I got a Benz convertible in Aus the next week biggrin.gif
That's only called 'fast money' and 'picking dead chicken'.


QUOTE(value_investor @ Jan 16 2014, 06:44 PM)
I tell you the truth, when real estate crashes 90% of you will not have the balls to buy. When bubbles burst it usually comes hand in hand with, stock market crash, currency crash, job market crash, high interest rate, etc.

The good news is I'm in the 10%, which means the rich will always get richer!
*
gspirit01
post Jan 16 2014, 09:59 PM

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Bullets for UUU and DDD

2009
UUU
1. DIBS
2. Easy Loan
3. Materials Up/Inflation
4. No land
5. Not enough supply
6. Friends/family made money
7. We are the cheapest
8. Foreign Investors

DDD
1. Affordability

2010
UUU
1. DIBS
2. Easy Loan
3. Materials Up/Inflation
4. No land
5. Not enough supply
6. Friends/family made money
7. We are the cheapest
8. Foreign Investors

DDD
1. Affordability
2. 70% for 3rd house

2012
UUU
1. DIBS
2. Materials Up/Inflation
3. No land
4. Not enough supply
5. Friends/family made money
6. We are the cheapest
7. Iskandar factors
8. LRT

DDD
1. Affordability
2. 70% for 3rd house
3. Loans control
4. Light RPGT

2013
UUU
1. Materials Up/Inflation/GST
2. No land
3. We are the cheapest
4. LRT

DDD
1. Affordability
2. 70% for 3rd house
3. Loans control
4. Many condo VP/high supply
5. Foreigner Limits
6. Heavy RPGT
7. Friends/family stucked with properties
8. HK/SG start to decline
9. US taper
10. Removal of DIBS

twincharger07
post Jan 16 2014, 10:06 PM

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QUOTE(jolokia @ Jan 16 2014, 09:38 PM)
Can also mean 90% will Chickened out don't dare to die die also hold, they would throw their current holding in Fire Sales....wakakaka

It happened in the mid 80s & again late 90s, so expect it to happened again.

U think top 10% richest will come here & waste their time to post rubbish ? from those comments I bet he is nothing but empty talker like Aberdeen...lol

Since only 1 million Malaysians is paying income tax, 1/29 which is about 3.5%, hey hey hey I am among the top 3% ...rofl
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u top 10% come here waste time lo.. hehehe brows.gif
bearbearwong
post Jan 16 2014, 10:48 PM

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QUOTE(nVidiaFX @ Jan 16 2014, 01:58 AM)
After the 2008 crisis. DUDE ANYTHING IS POSSIBLE. GULLIBLE.
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Ya lorr.. now all banks go buy PIDM I surance in return of rm250k max if bank go bust.. good time where bank can go bust...

anyting is posdible.. we are bind by debts.bank loose miney. flippers and developers scopp off man leving the inflated matket evwn they themselves wont buy..
bearbearwong
post Jan 16 2014, 10:51 PM

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QUOTE(chrisw @ Jan 16 2014, 10:06 AM)
The bar still at 500k, if I don't get you wrong..  rolleyes.gif
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500k? U have manage to transfer any prop below 1 million to singaporeans.. S&P signed last year ah? RGPT 30%di ahh??
bearbearwong
post Jan 16 2014, 10:57 PM

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QUOTE(aberdeen @ Jan 16 2014, 12:11 PM)
Why not, if I find a good deal. Just 3 mths ago, received sms early morning from Setia Ecohill, if interested to book, bring along RM20k cheque...I went with my cheque hoping to get one of their terrace house...too late the crowd already too big...all terrace sold out by noon...just within a few hours! The terrace selling from 400+k, I think is a good deal, heard the 2nd phase launch..the terrace will be from 600+k
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Oh u mean those ppl lining up... which later drop off.. oh.. this shows that even you got money also cant buy ohh..
same d same developer in MIVEC.. I ask him new project.. he say I m too busy.. u know why.. project havent launch.. ppl already give cheque di to book new prop... some even give signed cheque with withou limit to let you put..

haizz.. 600k phase 2 maa.. no worries they say aftet CNY launch.. grab 3 to 4 biji.. aftet flipp to 750k walao milionate di.. sure got ppl buy one 750k outskirt sap sap sui lahh.. 3.5k loan nia.. for 35 years.. 2 hours drive during office hours.. to kl city center.. sure hot cakes.. like taman tasik srmenyih srmi D 500k subsales.. next to nottinghamm..
bearbearwong
post Jan 16 2014, 11:03 PM

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Outskirt mana lagi.. 2 mega project township in KV tak tau mehh.. both using trees as oncept mas.. one is south kl one is very echo... many ppl banking hard here new prop DSL sure many banking.. tell u wat.. OFFICEhours.. KLCC via tunrazak to viva mall 1.2 hours di.. viva to leisure mall 30 minutes... from leisure msll to srmenyih.. 40 minutes.. haizz 40 minutes drive claim d developer..
chrisw
post Jan 16 2014, 11:28 PM

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QUOTE(bearbearwong @ Jan 16 2014, 10:51 PM)
500k? U have manage to transfer any prop below 1 million to singaporeans.. S&P signed last year ah? RGPT 30%di ahh??
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Why Singaporean? Do you mean only Singaporean got the purchase power? rolleyes.gif

Sorry because I really don't get what you meant, I just wish to inform you that the floor price still remained at 500k, not 1M notworthy.gif
bearbearwong
post Jan 16 2014, 11:47 PM

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QUOTE(chrisw @ Jan 16 2014, 11:28 PM)
Why Singaporean? Do you mean only Singaporean got the purchase power?  rolleyes.gif

Sorry because I really don't get what you meant, I just wish to inform you that the floor price still remained at 500k, not 1M notworthy.gif
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of course not.. not only singaporean.. i mean.. state give u consent to transfer property to foreigner below 500k? in 2014?
nkhong
post Jan 16 2014, 11:54 PM

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QUOTE(godlikexioo @ Jan 16 2014, 03:10 PM)
Burst just let it burst, "How many 10 years do u have in your life", enjoy the show whether Good or Bad. "Hong Hong liet liet" 轰轰烈烈 to do it in one round. after 18 years be a tough guy again.
*
Just invest in property only woh, not going to war woh, will not die one ...
chrisw
post Jan 16 2014, 11:57 PM

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QUOTE(bearbearwong @ Jan 16 2014, 11:47 PM)
of course not.. not only singaporean.. i mean.. state give u consent to transfer property to foreigner below 500k? in 2014?
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