Non productive assets could only appreciate above inflation rate from speculation and speculation will crash at the end.

Most bbb/uuu are in wc betting and will bbb more after wc.

As if uuu are smarter than Robert Shiller.

This post has been edited by icemanfx: Jun 24 2014, 03:57 PM

"building wealth through homeownership is a fallacy" by robet schiller.

Wc comes only once every 4 years, opportunity can't be missed. Action speak louder than word, if don't bet, how to win? The bigger the bet, the bigger the win! Win, win win! Huat Ah!

Until wc os over, still have chance to win.

If losses eventually, losses will be cover by flipping profit, just buy one watch less only mar, no big deal.



This post has been edited by icemanfx: Jun 24 2014, 07:30 PM

Most flippers like to brag about cocr and maximize number of units. To buy under construction unit with cash is very unlike flipper and hard to believe.

Remove this thread from property won't stop impending bubble burst. With fewer people are aware of the risks, more innocent people will suffer losses.

Until your watch could buy a new car and only travel in business class you aren't there where you claim you are.

If one could afford to travel in comfort of J class, why need to sardine in LCC?

Rising debt levels and a planned consumption tax may put pressure on Malaysian consumers. The country’s household debt rose to a record 86.8 percent of gross domestic product at the end of last year, from 57 percent in 2002, according to the central bank’s 2013 annual report.

The government introduced a goods and services tax of 6 percent, which takes effect in April 2015, to boost revenue after running a fiscal deficit since 1998. A gauge of consumer sentiment compiled by the Malaysian Institute of Economic Research dropped to the lowest level since March 2009 in the quarter ended Dec. 31.

Malaysia is the most vulnerable country in Asia to external and financial shocks, Oxford Economics Ltd. said in a June 2 report. At 54.6 percent, the Malaysian government’s debt-to-GDP ratio is jointly ranked with Pakistan’s as the second highest among 13 emerging Asian markets after Sri Lanka, data compiled by Bloomberg show.

The EPF said last month that investment income surged 58 percent to 8.83 billion ringgit in the first quarter from a year earlier, driven mainly by returns from equity investments. About 43 percent of its funds were invested in equities, it said in a statement.

“There’s a lot of liquidity in Malaysia, and with the age profile of the country and contribution to permanent savings schemes like the Employees Provident Fund, a chunk of these funds finds its way into the equity market,” said Gerald Ambrose, a managing director of Aberdeen Asset in Kuala Lumpur. “So it’s perceived as a sort of a support.”

The nation’s economic expansion has so far been resilient to higher debt levels. GDP rose 6.2 percent in the first three months of 2014, the fastest pace in five quarters, as a revival in global growth boosted exports. The economy may expand between 4.5 percent and 5.5 percent in 2014, the central bank said in March, versus 4.7 percent last year.

http://www.bloomberg.com/news/2014-06-29/w...heast-asia.html

More liquidity, higher inflation, higher property price, up, up, up and away!

In case you are not in the league and don't know, Tony Fernandes fly private jet. Before he took delivery of his private jet, he flew FIRST class.

May be you can ask your friends who is using 9M-CJG or your friends are not high enough. While you are at it, also find out more about Tony's house in London and Bali.

This post has been edited by icemanfx: Jun 30 2014, 03:30 PM

Only those ignorance about becoming mortgage prisoner.

This post has been edited by icemanfx: Jul 1 2014, 12:58 AM

Historically, most if not all herd members ended up in debt and poorer at the end of bull run.

Expect 0.25% rise only, which is little and BBB will just add to selling price, price UUU!

UUU/BBB stereotype is travelling in shorts and slippers as if goto wet market.

What you described is inflationary economy and you never experience it. Unless your income climb faster than inflation, you will become a mortgage prisoner.

This post has been edited by icemanfx: Jul 2 2014, 11:48 AM

BBB can have whatever UUU view they wish but with their half economic knowledge (often the wrong half), the reality will almost certain be tangent to their wish.

When bank tightening lending doesn't mean they won't approve or disburse loan. As most if not all DDD have low gearing, will be banks preferred customers.

During bull market, price rise is drastic. Likewise, in bear market, price drop will be equally if not more drastic. It won't be a surprise, some kv property price will drop by half or more.

Almost all BBB claimed to have strong holding power, don't see why rm300 increment should be a concern.

May be you like to find out how many people followed this book and ended up underwater in the U.S and UK in 2008.

Most if not all investment opportunity is cyclical trend and better to sit out near peak. Beside, property investment is not the only opportunity available at the moment.

It is irony that most flipper has never experience economic downturn, high interest rate or inflationary economy.


This post has been edited by icemanfx: Jul 3 2014, 11:14 AM