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 4 Critical Signs of a Bubble Market V7, UUU still trounced DDD

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AppreciativeMan
post Jun 16 2014, 11:25 AM

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QUOTE(icemanfx @ Jun 16 2014, 10:58 AM)
Parents assist their kids with downpayment is common. Those rich parents that could buy for their kids are likely to have multiple properties, would have bought earlier. Realistically, number of parents buying for kids currently is very low.

Converting surplus soho to hotels is only possible if the whole floor is owned or leased to a operator.
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How sure are u??? blink.gif blink.gif blink.gif
Because your parent didnt buy for u then u think parents buying for kids very low?? tongue.gif tongue.gif tongue.gif
Vice versa, I think parents buying for kids these days are very high...... whistling.gif whistling.gif whistling.gif
AppreciativeMan
post Jun 16 2014, 12:14 PM

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QUOTE(ManutdGiggs @ Jun 16 2014, 11:58 AM)
Many around me stil planning for kids future by buying props. Some decided to migrate one no need to Tok la.

But for me I dun buy houses. I cont buying shops factories and lands. By time kids grown up, I sell one by one to get new resi for them laugh.gif

Can say liddat boh???
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Definitely can! thumbup.gif thumbup.gif
Surrounding me..... ppl who invest in prop..... i would even define as 100% of them planning for their kids... And tat would definitely includes myself too..... icon_rolleyes.gif icon_rolleyes.gif
Thats why i always feels tat technology in some way benefits a lot, gaining knowledge & info without travelling (u see the world in computer of course tongue.gif tongue.gif )..... however it also kills a lot of personal touch, the real life ppl, the actual happening surrounding us..... sad for those who dont kno how to catch the balance of it..... sweat.gif sweat.gif sweat.gif
AppreciativeMan
post Jun 16 2014, 12:28 PM

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QUOTE(icemanfx @ Jun 16 2014, 11:53 AM)
Statistically, 90% of parents couldn't afford to buy for their kids.
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i dont kno........ Maybe u r right........
Then what about statistic of prop investors holding prop more then 5yrs, 10yrs or even 20yrs?
What about statistic of prop investors holding more than 1 prop? more than 2 prop, 3 prop?
If 90% of parents couldnt afford to buy for kids, why those launching prop still got snap up? All those are in the 90% group? Msia population increases so fast? If its not the 90% group, they are in the 10% group, all first time house buyers? sweat.gif sweat.gif sweat.gif
If u really wants to kno the real prop market, speak to real ppl instead of reading those statistic or report la..... u'll start to realise there is a great different between statistic, report & those real happening surrounding us.....
If i dont remember wronly, i mentioned this statement before..... One of the main reason i dont really trust those statistic and report mainly because i never found any of that is inline to myself or my circles of friends...... How to depend on it??? rclxub.gif rclxub.gif rclxub.gif
AppreciativeMan
post Jun 16 2014, 02:38 PM

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QUOTE(icemanfx @ Jun 16 2014, 02:11 PM)
Ultra rich are more likely to buy in sg, london and australia. Ultra rich dont buy only in a place.... they'll buy everywhere....
If like this, current property supply where got enough?! better snap up before pasar malam stall owners, hawker stall owners, etc jump on the band wagon.
Developers are keeping these units for r.e agents to cari makan else r.e. agents got no energy to blow water.

Price doubled in 3 years, what is 6% gst?
Your fren so behind one, heard some are buying for their grandchildren.
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Now then u start to see the big picture??? tongue.gif tongue.gif tongue.gif
AppreciativeMan
post Jun 16 2014, 02:39 PM

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QUOTE(ManutdGiggs @ Jun 16 2014, 02:29 PM)
Yalo. I oso dunno y he buys cashi. If get loan can strike great grandkids tim. Btw he bot London Aussie Singa n Malai. 1 each in Malai 1 each around the world. I dun und the strategy.
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Boss, when one is full loaded with cash..... u dont really need "deep" strategy..... tongue.gif tongue.gif
AppreciativeMan
post Jun 16 2014, 03:30 PM

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QUOTE(icemanfx @ Jun 16 2014, 02:57 PM)
You mean your fren can't afford nyc, monaco, marbella?
If your kid study in overseas than one unit won't be enough.
One where got enough for mistresses? Need a few more so rental collection would be enough for her upkeeping.
Forgot to add spm school leavers, mlm people, insurance salesman, etc to the number.
Who keep cash?
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laugh.gif laugh.gif
Getting fustrated already?? tongue.gif tongue.gif
True enough.... these are the bigger group of prop buyers..... Well, their income depend more of their "hard work" and "effort"..... Not so much of fix income earner..... These group of ppl mostly believe in "themselves" more than those "reports"....... They come with lower education level, do not kno much about "economy statistic"..... So they jus do basing on what they can and they hav.....
Whereas, for those highly educated ppl like u.... u wont do something without studying those "economy statistic"...... U scare of becoming a laughingstock if your investment fails..... Scare ppl criticising or laughing u doing a "stupid thing" as u are highly knowledgeable or educated...... Scare ppl asking u why doing something against the economy trend..... and etc..... laugh.gif laugh.gif
So the advantage of not highly educated ppl when an investment fails is that they hav the ability of giving "an excuse"; "I dont know woh", "I dont know mah", "I not educated mah"....... tongue.gif tongue.gif
Good luck to u...... icon_rolleyes.gif icon_rolleyes.gif

This post has been edited by AppreciativeMan: Jun 16 2014, 03:35 PM
AppreciativeMan
post Jun 16 2014, 04:05 PM

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QUOTE(icemanfx @ Jun 16 2014, 03:45 PM)
Implying you are a member of this group of people.
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I hav always says b4.... I'm not educated ah..... tongue.gif tongue.gif
I only kno..... "buy low sell high", "buy high sell higher"....... laugh.gif laugh.gif
AppreciativeMan
post Jun 16 2014, 08:05 PM

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Who says no affordable housing?
New flat, off Jln Ipoh area (cant disclose detail info)
800sft 3room, only 35k (existing flats renting RM600-RM700 in the area)....
But........
add kopi $$ 25k.....
Still cheap and affordable!
Jus tat not my cup of coffee...... tongue.gif tongue.gif

This post has been edited by AppreciativeMan: Jun 16 2014, 08:05 PM
AppreciativeMan
post Jun 16 2014, 08:12 PM

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QUOTE(bearbearwong @ Jun 16 2014, 08:09 PM)
Low cost of course..  35k only duit agent 25k.. haiyoo.. be agent better than owner
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adui..... your last life got killed by agent isit? sweat.gif sweat.gif
Its new flat.... not agent prob la..... u m'sian or not? kno how this country works or not? doh.gif doh.gif
AppreciativeMan
post Jun 16 2014, 08:16 PM

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QUOTE(gogo2 @ Jun 16 2014, 08:13 PM)
so knowing how country is corrupt, you just support the corruption? LOL..  rclxms.gif

Geng liao!!!  rclxms.gif  rclxm9.gif
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read my earlier post la..... doh.gif doh.gif
And u mean u NEVER pay kopi money b4?? notworthy.gif notworthy.gif
AppreciativeMan
post Jun 16 2014, 08:23 PM

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QUOTE(gogo2 @ Jun 16 2014, 08:21 PM)
No wor. I got my own principe.  biggrin.gif
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i believe i believe...... LOL
rclxms.gif rclxms.gif rclxms.gif
AppreciativeMan
post Jun 16 2014, 08:29 PM

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QUOTE(gogo2 @ Jun 16 2014, 08:26 PM)
Seems like someone step on your tail when agent is mentioned. LOL.
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Seems like u r jus like those DDD who likes to do prediction..... laugh.gif laugh.gif
AppreciativeMan
post Jun 16 2014, 08:32 PM

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QUOTE(gogo2 @ Jun 16 2014, 08:29 PM)
What kind of prediction did I do?  blush.gif
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u mean dont kno wat u written all the while?.... tongue.gif tongue.gif tongue.gif

This post has been edited by AppreciativeMan: Jun 16 2014, 08:33 PM
AppreciativeMan
post Jun 16 2014, 08:37 PM

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QUOTE(gogo2 @ Jun 16 2014, 08:32 PM)
Well, you have to point it to me. Maybe what you think is prediction, to me it isn't.  hmm.gif
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Be a grown up and mature man, do your own evaluation..... whistling.gif whistling.gif whistling.gif
AppreciativeMan
post Jun 21 2014, 12:47 PM

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QUOTE(ManutdGiggs @ Jun 21 2014, 09:58 AM)
Statistic shows Spain 'll do well in wc. But........kantoi

Statistic is numbers. Practical hard work counts.
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rclxms.gif rclxms.gif rclxms.gif
This is a good example linked..... tongue.gif tongue.gif tongue.gif
Last yr champion.... it like a top student in class..... laugh.gif laugh.gif laugh.gif
AppreciativeMan
post Jun 23 2014, 11:35 AM

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QUOTE(Showtime747 @ Jun 23 2014, 07:55 AM)
Yalah, most property prices increased by at least 100% from 5 years ago still need proof  doh.gif
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But how to proof "the proof" posted in the forum is the REAL proof?? hmm.gif hmm.gif hmm.gif
So i always feels tat the person who always he/she hav proven something is really really....... doh.gif doh.gif doh.gif

This post has been edited by AppreciativeMan: Jun 23 2014, 11:47 AM
AppreciativeMan
post Jun 23 2014, 11:42 AM

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QUOTE(SamsengFan @ Jun 23 2014, 11:26 AM)
Just to express my view on the general.

With all the 12% blr in 1983, subprime crisis, 1997 crisis. Or even the great depression  and world wars.

There is something missing in the argument and example.

We learned from the mistake. We grew stronger than before.

Look at the report posted by jolokia this morning.

84% of home loan borrower only had ONE outstanding loan.

Summary: we learned from mistake and those are not repeating. 

Unless you can show me subprime happened in other countries again and again so it will happen in malaysia. 
Of course,  only after you understand what is the origin of subprime. 

Heck,  even China bubble is not burst. (I would worry more about the loan given to China local state gomen for development)
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I always condemn reports..... Especially those percentage figure, it hardly provide the real world..... tongue.gif tongue.gif
84% home loan borrower with 1 outstanding loan doesnt reflect any importance to me..... when come to loan, amount is the biggest figure factor......
Eg
84% - RM 1 billion outstanding
16% - RM 5 billion outstanding
which is more important?

Conclusion..... Useless news, useless report.... tongue.gif tongue.gif tongue.gif

AppreciativeMan
post Jun 25 2014, 01:52 AM

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laugh.gif laugh.gif
This is really a very entertaining thread, especially the last few page...... tongue.gif tongue.gif
This is not a frog in the well....... Now is the bear trap in the well...... LOL
I think Banana man will not come out for a few day...... Don't know stand which side better......... Can't say doc fake, will be slapping own face..... Can't say great BBB, will be slapping bear bear face........ Sigh..........
AppreciativeMan
post Jul 4 2014, 02:18 AM

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Haha.... So this thread hav finally moved to kopitiam after soooooooo long of entertainment.....
Anyway, jus like to share this..... tongue.gif


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AppreciativeMan
post Jul 5 2014, 02:09 PM

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QUOTE(icemanfx @ Jul 5 2014, 12:33 PM)
Those who know how IPO is priced won't touch it, likewise for newly launch condo/soho, etc.
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blink.gif blink.gif blink.gif
Why not u let us kno which commodity or financial product which is tradable or investable is "fairly transparent priced'??

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