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 Is the bubble finally bursting? 2014, V2

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EddyLB
post Jan 17 2014, 07:42 AM

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QUOTE(ManutdGiggs @ Jan 17 2014, 07:03 AM)
http://youtu.be/XkU23m6yX04

Be prepared. If u prepare urself, u ll not worry too much bout the Econ melt down.  brows.gif

Opportunities r usually grabbed by those tat r well prepared. We can even c ppl earn big during down time. But tat doesn't mean they did nothing during boom time.  flex.gif
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Like !

But the DDD camp believes that all UUU campers are all flippers with extremely poor credit rating, borrowing 100% loan and living up to their nose with just 0.5% interest rise will make them jump from 14th floor laugh.gif laugh.gif


EddyLB
post Jan 17 2014, 11:10 AM

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QUOTE(jolokia @ Jan 17 2014, 10:25 AM)
If u wanna hold be my guest, we r targeting the mass that is going to give up & that's my friend is majority of UUU camp.

U don't wanna sell so be it, I am looking at your neighbours. .wakakaka

This is in contra of earlier market believe "if u can't affford the price flipper ask for there r richer one who can" so now is "if u not willing to do fire sales, there r other who's willing"..lol
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Hi Rooney,

Of course there are flippers who will sell to you. But the UUU camp may be there to bid just in front of you laugh.gif

Like you, I am waiting for the market to come down too icon_rolleyes.gif
EddyLB
post Jan 17 2014, 11:14 AM

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QUOTE(cheahcw2003 @ Jan 17 2014, 10:58 AM)
i agree to ur statement.

On top of that we also need to catagorize the investors/ flipper groups according to property price range.
1) those soho, sovo, sofo, studio investment which price range of upto RM350K
2) mass market apartment/condo from 350K to 700K
3) mass market landed from 400k to 800K
4) higher end of condo/ landed from 800k to 1.5mil
5) luxurious property above 1.5mil

which catagory would more likely to have firesales in terms of % ????
In general, ppl believe those richer investors at category 4) and 5) tends to have better holding power to weather the storm. Dear all forumers, what is your view?
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My view is not necessary only those 4 or 5. When market is down, all catergories will have people being affected. There are millionaires bankrupt. There are also poor people bankrupt
EddyLB
post Jan 17 2014, 11:20 AM

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QUOTE(ManutdGiggs @ Jan 17 2014, 11:18 AM)
laugh.gif see who able to grab 1st brows.gif
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Luckily I am more into residential unlike you into commercial laugh.gif
EddyLB
post Jan 17 2014, 01:50 PM

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QUOTE(ManutdGiggs @ Jan 17 2014, 01:00 PM)
Boss, resi or commi doesnt matter actually. Just b prepared for the worst. If market no gd, prop price not moving, or market darn gd, prop price goin up like no tomolo, I'm not selling as ur advise previously.  tongue.gif 

Interest up??? 2 ways to go. Dump in all reserve fund. Bank ll b happy lo. Or race for the dead chics with super low LTV lo. Both ways oso wont hurt the wallet la. Otherwise, dump into stocks market to buy cheap cheap stock lo cos I blif stock market ll suffer if prop market is gonna b s bad s mentioned here.  thumbup.gif

Howeva, I dun think days like darnaharta ll repeat la. If it does, I ll not miss the opportunity like the previous round. Sure I ll go hunt for it fr darnaharta.  icon_rolleyes.gif
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Hahaha last time Danaharta's good properties all sapu by Daim's cronies. If same thing happen this time, I think we only can grab the leftover 2nd class ones laugh.gif
EddyLB
post Jan 17 2014, 01:52 PM

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QUOTE(jolokia @ Jan 17 2014, 01:12 PM)
So u r another double agent constantly switching between camp to gain max benefits...hmmm sama gang loh like this ...lol

Just like to poke fun on fellow members here only lah..or else waiting for victims game r quite boring. .zzzzZzzz
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If still no price drop this year, we all will be bored to death laugh.gif laugh.gif
EddyLB
post Jan 17 2014, 02:27 PM

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QUOTE(ManutdGiggs @ Jan 17 2014, 02:24 PM)
Bro, my bil was in DH. Guess if gov need DH again mean he might join in n this round ll call u up to giv a hand. Daim dah tua. laugh.gif
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Wah boss, please remember me if there is Danaharta II notworthy.gif
EddyLB
post Jan 18 2014, 10:07 AM

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QUOTE(ManutdGiggs @ Jan 18 2014, 07:17 AM)
Let's oso put tis pic here.  brows.gif

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.  sweat.gif  thumbup.gif  bruce.gif
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