The affordability pretty much driven by interest rates rather than pricing.. 2006 to 2008 were the era when interest rate was high 6.75+1%.. post subprime era witness the lowest interest rate 5.x-2.2%.. and today 6.6-2.4%..

For the same monthly installment you pay, say RM1500 permonth for 30 years, in 2006 mayb you can only able to buy a house mayb RM250k.. today with RM1500 permonth for 30 years, you can get a RM350k house..

Its all about repayment capability.. so does the 2006-2010 data can reflect the current situation remains a question mark..

i think u r missing the point.. BLR may fluctuate, yes.. but pre-subprime era was BLR+1% n now BLR-2.4%..

even if BLR shoot up to 9%, effective rate is 9-2.4%, and if BLR was 9% in 2006, it will be 9+1%.. wat i m saying is there is already a 3% delta given any BLR fluctuation.. that is why I m comparing today BLR 6.6% vs BLR 6.75% in 2006 still pretty comparable, but the difference in effective rate by 3% can change the monthly commitment by hundred and for some thousand permonth..

I m not good or dont wanna predict QE or looking at crystal ball like you guys la.. just questioning, does pre-subprime affordability still comparable than now given rates difference that is regardless of BLR..