This lowyat rating above today only polled 38% that said property market is down or pockets of market is down. Refer to article from star today for other analyst/property player views.

😎😎😎😳😳😳💸💸💸

From number of people attended the seminar implying;
1. Many made profit earlier and addicted.
2. Many are hungry for more investment.
3. Many are unaware price stagnant started in 2013 and expecting more price increase.
4. Many new comers wanted to join in.

Despite advise from experts, many will continue to invest believing they know better. Bubble will continue to grow from these group on investors alone regardless of genuine demand or general economy until many could no longer hold for the next suckers.

This post has been edited by icemanfx: Jan 19 2014, 12:09 PM

Greater Fool Theory, constantly find a greater fool to buy your property until the last one end up as greatest fool, same like those who bought oil at USD 148 during 2008.

http://en.wikipedia.org/wiki/Greater_fool_theory

In real estate the greater fool theory can drive investment under the expectation that prices will rise, or force need-based-buyers to out bid irrational or ill-informed buyers.
A need-basis can be for basic housing or for organizations fulfilling exigent commercial interests.
This phenomenon may also occur
among banks offering real estate financing.

Now properties become no.1 pyramid/Get rich scheme/pak man telo in Malaysia. ..lol

This post has been edited by jolokia: Jan 19 2014, 12:18 PM

To people who have made profit or have friends that made profit, the money and opportunity is REAL, rare and won't give up for anything.

well, the interpretation can be...

"in lyn, a random poll suggested that 62% are still invested and do not think prop prices will fall or prop market will slow down."

Don't use the word fool. Mind your own stupidness before you call people fool.

To overcome short term price stagnant, believe many will focus their investment on properties to be delivered in a few years time. Hence, expect a drop in subsales demand but higher demand on new launch.

Can't blame you majority property agent/flipper have problem understanding simple english.

Change to Greater Barramundi then, suits U..lol

It's a famous theory not insulting anyone, try Google it yourself, don't people read nowadays. .sigh

This post has been edited by jolokia: Jan 19 2014, 01:35 PM

He's not calling anyone a fool. Its a theory that uses that word.

Haizz...the word 'fool' is used in the context of the theory. But one thing for sure....please mind your own stupidness before you call other people stupid. Really don't know how you learn english while at school.....hizzzz

Fixed

i think you sence wrongly.

The more ppl vote no bubble, the closer we are to a bubble burst. This is standard bell curve trend, which means we have reach the peak of the curve. What follows only down, since most ppl already invested no more buyers out there!

Some people will be very unhappy. But those who buy for own stay shouldnt feel agitated right?

With limited land, growing population, rising raw materials price and gst, investors believe and prefer linear growth trend and exponential growth trend.

People who studied mathematics or statistics knows nut about roi, cocr or making real money.

This post has been edited by icemanfx: Jan 19 2014, 03:06 PM

Global Economic Boom come liao....

The world economy, by contrast, will grow at a 2.7% rate this year, before accelerating to a 3.6% rate in 2014 and 3.9% in 2015.

Tonnes of pipu at TWY this weekend....

An update by kevin tan wei hong from ptlm

January 14, 2014 – Five years after the global financial crisis, the world economy is showing signs of bouncing back this year, pulled along by a recovery in high-income economies, says the World Bank’s latest Global Economic Prospects report, issued today.

Developing-country growth is also firming, thanks in part to the recovery in high-income economies as well as moderating, but still strong, growth in China.

Growth prospects for 2014 are, however, sensitive to the tapering of monetary stimulus in the United States, which began earlier this month, and to the structural shifts taking place in China’s economy.

The report forecasts growth in developing countries to pick up from 4.8 percent in 2013 to a slower than previously expected 5.3 percent this year, 5.5 percent in 2015 and 5.7 percent in 2016. While the pace is about 2.2 percentage points lower than during the boom period of 2003-07, the slower growth is not a cause for concern. Almost all of the difference reflects a cooling off of the unsustainable turbo-charged pre-crisis growth, with very little due to an easing of growth potential in developing countries. Moreover, even this slower growth represents a substantial (60 percent) improvement compared with growth in the 1980s and early 1990s.

Global GDP is projected to grow from 2.4 percent in 2013 to 3.2 percent this year, stabilizing at 3.4 percent and 3.5 percent in 2015 and 2016, respectively, with much of the initial acceleration reflecting a pick-up in high-income economies

2014-2016 might be the last boat for investment, when we meet in next economic crisis... else wait for 6-9 years more. (2-3 years economic boom + 2-3 year economic crisis + 2-3 year cooling)

With this rebate scheme, BBB continue! Price stagnant or demand drop in next 2 years is not a concern.