Older generation, in general, are more experienced and risk adverse, they know what they want to suit their risk portfolio. Less emotional when making investment decision, less relying on hear say but invest with wisdom.
I can't say it for all, but at least my investment kaki around my age.

This post has been edited by cheahcw2003: Jan 26 2014, 08:37 AM

Judging the current security condition, gng landed is the way to go.

He doesn't factor in the current value and future value of money. In long term investment, one must factor in the time value of money (discounted cash flow method) to analyze investment as a dollar today is not the same value after 10 years. U need to discount back your loan amount after 10 years into today's value to analyze it.

Assuming the average mortgage loan interest is 5% pa for the next 10 years (Currently 4.2% with blr-2.4%), u r better off with the borrowing if the yearly inflation rate is > borrowing rate.

In the long term, those who keep FD in the bank will loose out for those who invest with better return. We need to at least beat the inflation rate.

Oh... My time already 30 cents liao.
Feel wasting time debating here, as some extremists here assume that all properties investors who contribute ideas here are property agents who want to flip to young ppl, selling high price robbing from the poor Gen Y.

Investors of each generation have their own set of calculator. Like others have shared, the baby boomers like uncle aunties' strategy are buy and never sell. Know few uncles accumulate palm oil lands for the last 30 years, and they will never sell. These uncles never study bubbles bursting, stocks candle lights report, inflation and unemployment statistics. But they are doing good!!

Another uncle of mine only buy shoplots and rented to banks, telcos and insurance companies. These are prompt paymasters. Use the tenancy agreements income prove to rolled over and buy more shoplots units.

Banks/insurance companies do not owns all the branches, maybe only HQ and some key branches. Probably they know what is their core business.
Banks/ insurance companies operate within strict guideline imposed by bnm, buying property is considered asset acquisition + capital expenditure. Need shareholders approval.

This post has been edited by cheahcw2003: Jan 26 2014, 01:20 PM

These were the places that went thru the 1997 and 2003 global crisis without major price downward adjustment.
I think the "save area" would be extended to some other mature area, such as Puchong, Kepong, Cheras, Sri Dsara, Sungai Buloh, SS2/3. Shah Alam landed properties where most of the landed properties are owners occupied. Owners would defend their own shelters to the death, so possibly there would be price stagnant but no transactions scenerio during the bad time,, price unlikely to drop significantly.

The concern would be more on the fast growing and more likely oversupply area, such as Cyberjaya, Mont Kiara, Jalan Ampang row, Ara Dsara....No offence to those who have vested in this area, this is my personal observation.

In fact, prop investors can find good deals in public auction, if searching hard. My friend bought a few auction properties in 2013, around 30-40% below the market price. He acquires them via public auction, renovate and touch up, rent them out, all could be done in 4 months time. Quick turnaround time.

This post has been edited by cheahcw2003: Jan 26 2014, 09:40 PM

For refinance case, the cash out portion, the bank cap at 10 years repayment period when calculating monthly installment.