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 Is the bubble finally bursting? 2014, V2

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planb2
post Jan 16 2014, 03:25 PM

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Joined: Apr 2007
QUOTE(aberdeen @ Jan 16 2014, 10:53 AM)
If you want to succeed as a property investor, you must get in the game. If are living a life as a spectator, waiting for the elusive bubble to burst, you may have missed a lot of opportunities already. How long have you been waiting...3 years ago people has been talking about the bubble going to burst, and still talking...it may happen or it may not..how long more..

These are the people still waiting...

[attachmentid=3817696][attachmentid=3817697][attachmentid=3817698]

You want to wait until your neck look like this..

[attachmentid=3817699]
Don't get me wrong, I am not suggesting that everyone should just blindly jump in and grab whatever properties you can get your hand on...you still need to do your homework...buy objectively, not on emotion..no panic buying, no excessive greed..must be within your budget, don't get over-extended with debt or over leverage, do due diligence...and so forth..

One of the biggest mistake for investors is waiting too long to start investing in property, whether for own stay or as investment.

What is your view? This is only for discussion purpose... please don't overreact...thank you.
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Brace yourselves. What they predicted to happen years ago, the turning point already happened months back with the policy changes. Also the effect of tapering is positive for USA when it's economy is growing but highly negative for emerging. The full effect will probably be seen in months to a year when tapering increases. HK and sing coming down so are the other emerging markets, not a wise thing to go against momentum. Plus all the weak flippers, give it a year or two, they might just pull down the tent on all the "investors".

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