Buy to flip is not dissimilar to pre-1997 stock investor.

New launch take 3 to 4 years to vp, doesn't count as holding power especially those with dibs.

Among those who bought multiple units to flip, how many have other income to sustain all the loan repayment?
Among those who bought multiple units to flip, how many have other income to sustain all the loan repayment?

Why RM goes down then properties go up? Based on what logic? Care to explain?

Nobody (except those with vested interest) uses property as a HEDGE to inflation, gold is used as hedge, as gold have FIXED value everywhere. Your property only has discretionary value.

Even that, gold prices goes up & down, sometimes even against the expected inflation outcome.

When you WISH to see property price increase, you will justify whatever situation that will make property price increase.

Actually same applies to DDD camp 

Most ppl says come Q3. its the best time to acquire Lelong houses, any truth ?

That's the message these people trying to get it though in the forum,  For own stays don't bother the price is too high so long as u can afford it, just pay seller asking price,  even if price fall later buyer r not selling it, only paper no real money losses.
These seller know the market going south, so trying to dispose it to a bigger fool,  if price going north do you think they would ask u to buy & let u earn profits ? die2 also they hold, better than fixed deposit or mutual funds mah.. hedge against inflation they said...lol

Woah, this statement is like "If you want to drink coffee it doesn't matter what the price is".

You are buying a properties that you may have up to 25~30 years of paying installment, and it is for staying.

Means that:
1. No liquidity. Investment properties already has the lowest liquidity, own stay properties is worse than that.
2. Let say DDD, no job, need money, also cant afford installment. Its either you let go at a price that benefit the "Vultures" or you default your loan to banks.
3. Let say UUU, your house doubled in price, but there is no point as you are staying in it. No increase in rental or no gain in capital. You can only proudly says your house worth $$$$ but it just on paper.
4. Increase in BLR also will bleed you to death if you buy overpriced house.

It doesnt mean dont buy. It means dont buy at overpriced value for whatever purpose.

I maybe wrong but my point is like this:

1. You bought a flat at RM30k for own stay
2. At today price, it shoot up to RM80k

Now I ask you, Are you gaining anything? In "value", yes your property has increase tremendously but as long you are not using it as collateral or refinancing, it will only look nice on paper.

I know this because my parents flat which I am staying has increase in price but in no way we feel richer or helping us in economic matters.

Paper gain is not a gain until u cash in.

I know some fellow bought a shop lot for 1+M later price shoot up to 2+M upon VP but still wanna wait,  price fall back to 1+M because very little tenants, so the earlier paper gain of few hundred K just a mirage isn't it ?

When price go down no sell no loss,  if price go up no sell no gain,  offcoz the longer u hold the higher ur cost, even stagnant or very slow gain is a loss..lol

You are really comparing a property investor in Malaysia to two of the richest people on earth?

That why rich people can go bankrupted as all their wealth merely "figures" in paper which can dissappear when crisis come.

Most if not all rich man having more debts than their wealth.

Btw I do hold property, fully paid but I don't consider having that wealth as I stay in the property.

In a way, that is the correct way to look at it.

When their stock crashes, Bill Gates and Warren Buffet will be affected the most. However, that will not be the case as they already invested some of their in other forms of commodities or land asset.

It will be silly of them to amass their richness only in paper form. Especially not when their gov printing money like no tomorrow.

And dont assume people are not looking for properties because paper gain is not a gain. People have different strategies of investing. But by buying a house for own stay, you risking yourself from future opportunities if you are too attached to your prop (i.e. heavily invested on renovation).

I am sure that there people or investor that buy investment properties but also make it for own stay and ready to cash out on good deal.

Like stocks, until realized i.e sold and cash in bank, any gain is only on paper. Valuation assumed if liquidate at that time else is syok sendiri.

Bill Gates and Warren Buffet are holding companies (asset) that are providing POSITIVE cashflow. The share value/paper gain via the stock market is there to either go up or down depending on the PERFORMANCE of this asset. If company is bleeding cash (negative cashflow), the value will drop in the market .... e.g. MAS Airline.

Actually, Bill Gates ALREADY cash out the value of Microsoft when he PUBLIC listed via IPO. He maybe holding 20% of his company but CASH OUT 80% the paper gain/value of Microsoft. And as public listed company, he can CASH OUT or BUY back the "PAPER GAIN" of his company.

Can your property asset do that or not?
Is your property asset's cashflow POSITIVE or NEGATIVE?

Leverage or not .... profit (hence cashflow) is still calculated AFTER minus off financial obligation (installments).
And I'm not talking abt "marked to market" value either.....
Bcoz u use Bill Gates and Mr.Buffet in you comment .... which DOES NOT APPLY at all in the argument. THeir assets are of different class compare to property assets as I had presented earlier.