Fact or guess??? Btw, v call those ppl swing traders la.

Let's oso put tis pic here. 

I know ppl who earn few k a mth but spending on branded stuffs like no tomolo. New watches new bags new shoes nice car modify car hair style etc etc.

Oso seen some vely down to earth mega rich guys wearing singlet hair cut at barber no watch but phone watch, ethg they use or hav is just above average but not branded chaser. However, they live in vely huge bungalow, hav Ferrari kept at home (ppl say u r not rich driving an expensive car but u r when u hav spare cash to just keep it in ur garage), chauffeured driven, props everywhere, etc etc.

Guess I mentioned b4 somewhere in the previous pinned thread tat the bro of my fren can't even remember where he bot. Once he asked his sister (oso his PA) to enquire for a land tat ended up sister told him tat he actually bot it yrs ago. Tis ppl r so rich tat they dun worry bout having expensive stuffs. However, his kids r driving cars tat under 100k. Tats the rule. He make sure his kids hav to work for it eventhou he is filthy rich. For sharing, he has more than 50 cars at home. Imagine how big is the house. And he is running a biz produce goods tat most ppl need.     

Let's oso put tis pic here. 

I know ppl who earn few k a mth but spending on branded stuffs like no tomolo. New watches new bags new shoes nice car modify car hair style etc etc.

Oso seen some vely down to earth mega rich guys wearing singlet hair cut at barber no watch but phone watch, ethg they use or hav is just above average but not branded chaser. However, they live in vely huge bungalow, hav Ferrari kept at home (ppl say u r not rich driving an expensive car but u r when u hav spare cash to just keep it in ur garage), chauffeured driven, props everywhere, etc etc.

Guess I mentioned b4 somewhere in the previous pinned thread tat the bro of my fren can't even remember where he bot. Once he asked his sister (oso his PA) to enquire for a land tat ended up sister told him tat he actually bot it yrs ago. Tis ppl r so rich tat they dun worry bout having expensive stuffs. However, his kids r driving cars tat under 100k. Tats the rule. He make sure his kids hav to work for it eventhou he is filthy rich. For sharing, he has more than 50 cars at home. Imagine how big is the house. And he is running a biz produce goods tat most ppl need.     

If one can anticipate the sky will fall, at least can find a shelter.

Believe these invisible hands took advantages of zero rpgt to minimize tax, legalized cash and caused initial wave of "price increased". Like retailers in stock and commodities market, most flippers entered the market while these invisible hands are exiting.

Ask ck15

Fact or guess??? Btw, v call those ppl swing traders la.

All these speculation is fueled by low interest loans coming from china, us, singapore n others.

Our blr rates are tagged together with us federal reserve central banks.

So if federal reserve taper n increase interest rates, I will see how many people can sustain loan payments.

Another factor is our last economy will be slowing down a lot due to these factors, inflation,  depreciation of ringgit, slow international markets, HIGH national debt and personal debts, rising cost of living.

We are heading for an economy crisis in my opinion.
All these growth comes from bank loan n u need to pay them. House price has doubled in less than 6 years.

A lot of big players already keeping cash

Boss, mind to share the definition of "swing traders"?

All these speculation is fueled by low interest loans coming from china, us, singapore n others.

Our blr rates are tagged together with us federal reserve central banks.

So if federal reserve taper n increase interest rates, I will see how many people can sustain loan payments.

Another factor is our last economy will be slowing down a lot due to these factors, inflation,  depreciation of ringgit, slow international markets, HIGH national debt and personal debts, rising cost of living.

We are heading for an economy crisis in my opinion.
All these growth comes from bank loan n u need to pay them. House price has doubled in less than 6 years.

A lot of big players already keeping cash

http://en.m.wikipedia.org/wiki/Swing_trading
They dun keep stocks but instead buy sell all the time. Some fr retailers some fr fund managers.

I think many people here are wrong to assume that most will suffer if crash come.  Actually only those who overcommit will feel the pain. For houseowners or long term investors, price up or down makes no difference.  Will price come down, I believe so. Desperate speculators will pull down the price, just like they push up the price previously. What is the percentage of speculators and investors in the market now? From a few threads here, it is more than 50%.
Most taikors here, even if they dun believe there is a crash, they r not buying since last yr.

Thanks. Trying to link it to property "trading"... some silimarity but holding period is far longer..... and got lots of "hidden processes"... can bypas banking system and rpgt some more.... 

Then the big question is - how many have overcommitted.

Speculators/flippers -  yes
Those who overborrowed ? (some banks give DSR of 80%)
Those who overborrowed based on projection of future earnings/ big bonuses?

I hate to mulut celupar, but I do remember the biggest pain in the 1997 crisis was watching friends who had to sell their houses because salary cut/ lost side income/ lost jobs.

Banks in general have been very lax in giving out loans during the 2000-2012 BBB period

Then the big question is - how many have overcommitted.

Speculators/flippers -  yes
Those who overborrowed ? (some banks give DSR of 80%)
Those who overborrowed based on projection of future earnings/ big bonuses?

I hate to mulut celupar, but I do remember the biggest pain in the 1997 crisis was watching friends who had to sell their houses because salary cut/ lost side income/ lost jobs.

Banks in general have been very lax in giving out loans during the 2000-2012 BBB period

BNM already says our country will not experienced another late 90's crisis mah.. but donno later is janji dicapati or not lah..but household debt 83.5% is a worrying figures.

Think of this way if crisis come you have money then songlap all u can, if no money then kelabu asap loh..lol

I'm either UUU nor DDD camp. Am not concern whether bubble burst in 2014 or not! Since no one has ctr ovr it, why waste time n energ to worry/guess sky will fall or not? (Btw, I enjoy reading responses frm various forumers!)

Is it the flipper forumers here caused the property up in local market? I don't think so, instead they r many invisible hands in the market frm all directions (locally n overseas) with tons of CA$H$ n easy access to decision maker$, who can easily fund the projects, or/and buy en-blocks. When so called bubble burst, they still profitable by selling u with 30% disc. Hard to believe! then do more research....