QUOTE(cranx @ Jan 25 2014, 12:15 PM)
That is too much of a generalisation haha, pity utar grads. From what i see flippers come from all walks of life, and yes rich flippers aplenty, they are opportunistic and the intention is never to hold for extended periods of time. Holding vacant properties for many years is a losing proposition. Best approach is to ride on an early wave of bull run, not at the tail end buying over inflated properties then preach holding power for 10, 15 years just to break even. Yes, break even. Many failed to factor interest into the equation.
I withdraw.. my statement UTARians... really dun want you chinese to self destruct.. over inflated prop.. once bancrupt at gen y and current prop price.. it like never going to make any come back after that.. all is burn..
Jan 25 2014, 01:25 PM

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