[quote=accetera,Jan 14 2014, 09:33 PM]
Will this bridge tumble to signify property bubble? #jokingonly

Wow ...where is this prop? The bridge is quite impressive.

Benefactors: Property players that have cashed out and waiting to re-enter at lower pricing.

"I told u so" is just a bragging right for timing the market accurately. Every market/industries have their cyclical pattern. By cheering on DDD or BBB, doesn't make it so. IT's matter of financial logic. The simple guideline: Monthly cost > Rental = overpriced. (Of course, there are more factors to look into).

IF you are reading Singapore, might as well read about Malaysia:
http://www.forbes.com/sites/jessecolombo/2...bble-economy/3/

Check this out abt TRUE flippers:
http://www.thesundaily.my/news/936646

You cannot say like that. Some ppl are testing the market opinion. YOU may not get much out of it but others DO.
I definitely did. .... I learn how repo man works and the mechanism etc....

Filter out the empty talk and find the gems. Ppl whom participate have their own agendas but reality is NO ONE man/woman can dictate the market. So if u think it's UUU or DDD ... then we see how the market react.

No ... that's not what subprime means.
SUBPRIME in USA are category of ppl NOT qualified to get house loans. Not just bankrupt. It's bcoz banks in USA got a plan to reduce their risk from subprime borrowers with MBS (mortgage backed securities). They sell this MBS to other investors hence "transferring" the risk. With MBS, they also "average" out the risk bcoz it's a mixed of subprime and prime borrowers.

So in Msia ... are there ppl NOT qualified to get loans, getting loans. YES. They are consider SUBPRIME.
Ppl who uses REFINANCING to buy another property with 10% downpayment. They refinance one property to buy 2 properties. And then they flip these property to make a huge profit margin. The process repeats until they are holding more and more properties. This is ONLY good when the market is in BULL mode.

Some even quit their day job doing this, living on rents. So their credit worthiness is compromised when they quit their jobs. Basically putting ALL in one basket .... Property basket. They also moved themselves frm PRIME to SUBPRIME category. The Msian banks may be prudent in their loans approval but borrowers were not. They think good times will keep rolling and property prices NEVER drop....

If u and yr UUU buds r confident in the market?.... I suggest ALL in la.....
Better than wasting time posting here right?

I believe I had touched sensitive nerves when saying bubble......
Well, share market just drop quite a bit .... lets see how it goes.....

If already reap rewards then got bullets to go in FULL SWING right?
ALL IN LA...... PUT YR MONEY WHERE YR MOUTH IS.....

YOU are a property agent? .... Now I understand your UUU stance.
Why break your own rice bowl right?

USA was playing the same tune .... property prices NEVER falls and in the end it did .... by 50%.
I heard this from a Malaysian fren living in Atlanta. He owned 4 property then and collecting rentals. He was even thinking abt investing in Malaysia. Eventually the bubble burst and he focused back to USA.

He requested Rm1million from his dad, quit his job and started buying properties. He bought houses at the cheap, renovated it and rent it out. Hold it for a while and sell them. The process buy and selling is like selling meat in the market (his words, not mine)

But now prices slowly increases and "meat selling" slows. But it's ok ... he and his family living a good life on rentals alone. And the properties value he's holding is increasing.

So the conclusion price NEVER drop is BS. When the bubble burst it does.
If you r only looking at chart spanning from 1930 until now .... of course the trending is rising. So you assume the price never drops. But now, there were never such BOOM in the property market where supply is ample. Only problem is pre-launches, investors and developers are holding their prices up. Not wanting to let go.

Lets not get into supply vs demand argument when demand include speculative aspect. Because speculative demand is unquenchable while own-stay demand is one house per household.

And knowing the property market is majority based on COCR speculation, debt, low rental and "holding power"..... it bound to pop.
Oh and on "holding power" ..... try hold it for 2 years when monthly you r bleeding negative cashflow when property prices are stagnant. Your "holding power" reduces with time.

This post has been edited by HuiChyr: Jan 28 2014, 07:14 AM

I know u r telling the truth ... and you are not boasting too.
Many ppl who played the property market made that kind of money.
BUT ... think abt this. 1 mill in the bank... collecting FD/saving interest rate .... soon itching to go back in to property right?

Downpayment 10% only ma... so they keep rolling that cash until owe 5 - 10 properties ... ALL in debt. More so as time progresses, real est increase in price hence that 10% and debt increases too ...
This is the kind of ppl I talking abt. Cash 1million, Debt 3mill.

You maybe wiser in your financial planning but many are not. Greed overtook them.

Wiser ones know when to STOP rolling that cash and cash out. But if the sentiment is PRICE will always go up ... then these ppl dig bigger holes all the time.

This post has been edited by HuiChyr: Jan 28 2014, 11:06 AM

How do you know DDD who commented here doesn't have the $$$ to buy out right without bank financing?
Or better yet ... already fully paid the house they are living in and cash out other props?
Please la ... for those with ONLY property as their SOLE investment vehicle ... UUU is the only thing u'r praying for.
Time DOES NOT benefit anybody in investments .... it's TIMING.

Yes I am ....

Since u insist on an English lesson here we go:
TIME: U rely on the value to keep going UP with TIME alone. The value just increase as time goes by. As KChan pointed out.
TIMING: U move in and out of an investment at the correct time. So your TIMING is correct but hard to predict.

So predict the timing of this bubble pops =>

I think we should start a thread ... investment strategy for property. Or not?
Later fella make fun of the other fella's strategy.... koyak! Hahahaha.....

Good for you man ... good for you.

I believe ppl in this thread talking abt property already been playing this investment for some time. Looking at how property price rises for the past 10yrs, they had made their money. So tht "sour grape/jealous" comment is a little kids' game.

Most DDD campers already align themselves for the worst to come ... bubble bursting, correction, stagnation in pricing, whatever u want to call it. Holding power diminishes with time .... assuming price stagnation drags on for 2 -3 years, investors with negative cash flow will let go at lower than current price. Price competition will drive the price even further. Stubborn investors will only see themselves in foreclosures.

UUU campers only looked at asking and transacted price. These data are easily available. The behind scene is what's important. Negative cash flow. We are already in negative cash flow for the past 5 years (installment + cost > rental). So the following events will move very fast: => price war => foreclosure (bubble burst)

This post has been edited by HuiChyr: Jan 29 2014, 06:25 PM

Yup, interest rate is the one that pricks the bubble.
Since no increase ....BBB campers can release a sigh of relieve ..... or not ?

Check out this thread:
https://forum.lowyat.net/index.php?showtopi...&#entry66098332

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