Ya, plenty of flat in subsale market, DDD should consider this type of property instead of waiting

I used to think like you. But I was dead wrong 

2007-08 USA Sub-prime crisis - the whole world were affected because the US not only sneezed, they got cancer !! Malaysia can't be spared surely. Bubble sure pop this time

2008 - Iceland financial crisis, the beginning of Euro crisis. Whole of Europe very much affected - Europe has sneezed, surely Malaysia will be catch flu. Bubble sure pop this time

2009-2012 Euro crisis. Now it is time Euro got cancer. With USA still in ICU, Malaysia sure die. True enough, Ireland, Greece, Italy, Portugal, Spain, one by one got cancer. And their economy collapsed some even considered bankrupt. They suffered until these days. How can malaysia escape ? Our economy sure kena kaw kaw. Bubble sure pop this time

2013 - Fed's talk about tapering. The whole world panic !! This time sure is "THIS IS IT !!". And SEE !! In October the first tapering started, many countries' currency affected. India, Indo, South Africa, Australia, Brazil, Russia, China and Malaysia. Come liao....finally come liao....Bubble sure pop this time

2014 - currencies stabilised. USA recovers. Euro recovers. Now its China's turn to have crisis. Bubble sure pop this time 
In all of the world crisis malaysia experienced, we faced high winds and tidal waves. Every time new crisis hit the world, I was thinking "THIS IS IT !!" or "BEGINNING OF THE END", or "GROUND ZERO OF WORLD ECONOMIC COLLAPSE". But every time since 2007, nothing much happened to us. But every time, "bubble sure pop this time" will come to mind

When you are a doomsayer, you will always be a doomsayer. Whatever you see and hear, your thoughts will relate it to crisis. And every time these doomsayer misses the boat, yet again

Disagree. Bank is very clever, both long or short term

They give 10x for property financing because the risk of property price going down more than 10% is low. Furthermore, houses are necessity. Even if the price is reduced >10%, people still need a roof over their head. So house owner will still service their installment irregardless of the house price. As long as they have a job and continue to make monthly payments, banks are happy earning interest even though house price drop 30%

Whereas for share margin financing, the fact that they only give 3x is because they knew price fluctuation could reach 1/3 in a short time. Thus the risk is higher. Share is pure investment not a basic necessity. When the value starts to drop approaching 1/3, the bank will exercise their margin call. If you cant top up, they will exercise their rights to liquidate your holdings and mitigate the bank's risk. You take the hit. There is no such monthly installment stretch over 35 years in margin financing.

We can also see the different risk profile from the way bank charges interest. Property loan is way cheaper suggesting they see property as safer sector

Either property or share margin financing, banks are less likely to suffer compare to borrower, hence i said they are not stupid. Maybe i should say they are at least more clever than students ? 

1997 wasn't a mortgage debt issue, it was a corporate debt issue. Property fallout was just a side effect of a generalised recession. Nobody could afford to buy when mortgage rates were at 12%.

Now Thailand had a property bubble back then, albeit largely corporate,  not household debt, and that bubble was what started off the afc.

Currently we having a mortgage debt issue centralised around record household debt which is why 1997 is not a comparable situation

Forget about bubble. Our property is still damn damn cheap comparing to HK or SG. Vision 2020 is developed country, do u still think property will go down - with gst implementation and subsidy - petrol removal? You must be kidding if property going down.