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 Are you guys ready for hike in interest rate?, Interest rate rising in July & September

Are you guys ready?
 
Yes, my loan percentage is low compared to my earning. [ 124 ] ** [63.59%]
No. (Explain why no?) [ 71 ] ** [36.41%]
Total Votes: 195
  
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SUStikaram
post Jul 11 2014, 10:13 PM

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QUOTE(gogo2 @ Jul 11 2014, 04:27 PM)
yahor... 1997--> 2007 --> 2017....

But this time crash will be very very bad... last time property price still low...

now a lot of people got high household debt...

a lot will jump man....  cry.gif
*
Alamak. Like that die lo. Still have units not yet reach 5 years by 2017.

cry.gif cry.gif
SUStikaram
post Jul 11 2014, 10:15 PM

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QUOTE(bearbearwong @ Jul 11 2014, 11:02 PM)
yup, provided is 300k, try multiplying to more times.

Q: is, will owners swallow the said extra monies? bear in mind there is another series of increase on September also same 25 basic points..

will owners increase rentals? will mamak stalls increase the price of foods or just swallow? and GST effect after this?

if everyone owners increases rentals respectively only to cover the loss (which i doubt coz , opportunity comes dont want to profit), how about tenants? or businessman renting? when everyone increase you know the effect lor..

say A= is paying housing loans extra for RM84 monthly (600k loan)
A also renting a shop to do business extra RM84 (increased by owners as owners shops cost RM 600K)
A buy supplies from sundry shops extras
and the list continues on..

so overall effect? and imigine the second wave, then GST 6%.. got feeling after all are added in one shot?
*
cry.gif cry.gif

SUStikaram
post Jul 11 2014, 10:22 PM

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QUOTE(Tigerr @ Jul 11 2014, 11:06 PM)
That is called inflation lor...

when all this inflation comes....your people (not rich) ll get squeeze hard n even properties price drop also dont have the money to buy...so, it is still in equilibrium state
*
Like that die lo.

offer 10% lower no one will buy
offer another 10% lower still no one will buy
so need to offer 50% less baru ada orang buying.

Banyak rugi oh. cry.gif cry.gif
lai_dm
post Jul 11 2014, 10:25 PM

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QUOTE(bearbearwong @ Jul 11 2014, 10:08 PM)
red box, green box times square ask increased rentals oh.... how leh? buffer karaeok increase bit lor per head RM5-10, 5 fellas RM25 to RM 50..

that is just one of it, try eateries too..
*
BBW taikor, if they increase price per head then we switch to "load speaker" lor, cheaper
consumer got right to choose. same goes to tenants .. if house owner increase rental then we can
go find other cheaper house to rent lo. i believe there are still many ppl maintain their rental rate wan ..
Tigerr
post Jul 11 2014, 10:26 PM

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QUOTE(bearbearwong @ Jul 11 2014, 10:10 PM)
yup, if got people rent your shops/house then you just top up or ask for increase, but if no one rent shop or house... then swallow increased interest?

we know Malaysian business sense is got chance increase surely amplify the increase.. lets monitor how many owners are prepare to swallow increase?
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Myself is one of the owners who can swallow the increase. Goid time whack the rental. Bad time swallow lor....do business got to be flexible mah
lai_dm
post Jul 11 2014, 10:27 PM

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QUOTE(Tigerr @ Jul 11 2014, 10:26 PM)
Myself is one of the owners who can swallow the increase. Goid time whack the rental. Bad time swallow lor....do business got to be flexible mah
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sometimes have to swallow, good tenant hard to find one
bearbearwong
post Jul 11 2014, 10:27 PM

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QUOTE(lai_dm @ Jul 11 2014, 10:25 PM)
BBW taikor, if they increase price per head then we switch to "load speaker" lor, cheaper
consumer got right to choose. same goes to tenants .. if house owner increase rental then we can
go find other cheaper house to rent lo. i believe there are still many ppl maintain their rental rate wan ..
*
of course we are flexible, but flippers are not.. only capital appreciation, cannot sell, money stuck, end up paying more.. how?
lai_dm
post Jul 11 2014, 10:29 PM

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QUOTE(tikaram @ Jul 11 2014, 10:22 PM)
Like that die lo.

offer 10% lower no one will buy
offer another 10% lower still no one will buy
so need to offer 50% less baru ada orang buying.

Banyak rugi oh.  cry.gif  cry.gif
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tikaram bro

what about ur existing tenant? will u increase their monthly rental ?
increase susah, tak increase pun susah.. rclxub.gif
felixmask
post Jul 11 2014, 10:32 PM

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QUOTE(bearbearwong @ Jul 11 2014, 10:27 PM)
of course we are flexible, but flippers are not.. only capital appreciation, cannot sell, money stuck, end up paying more.. how?
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you haven't buy...good opportunity for u; when they give you big discount/

Soon or later you need one also for your family..even buy for your children. tongue.gif





Tigerr
post Jul 11 2014, 10:34 PM

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QUOTE(bearbearwong @ Jul 11 2014, 10:08 PM)
red box, green box times square ask increased rentals oh.... how leh? buffer karaeok increase bit lor per head RM5-10, 5 fellas RM25 to RM 50..

that is just one of it, try eateries too..
*
Consumer has a choice.....u r not oblige to go if u feel the price increase is not right or u r not afford to pay...
SUStikaram
post Jul 11 2014, 10:36 PM

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QUOTE(lai_dm @ Jul 11 2014, 11:29 PM)
tikaram bro

what about ur existing tenant? will u increase their monthly rental ?
increase susah, tak increase pun susah.. rclxub.gif
*
Cannot increase la. Nearby got vp units new and changgih facilitues. Increase no one rent oh.

Die lo. Everything up. But my rental cannot go up.

cry.gif cry.gif
Tigerr
post Jul 11 2014, 10:46 PM

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QUOTE(bearbearwong @ Jul 11 2014, 10:27 PM)
of course we are flexible, but flippers are not.. only capital appreciation, cannot sell, money stuck, end up paying more.. how?
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Paying more is not the end of the world lar...do investment where got sure win lar....
lai_dm
post Jul 11 2014, 11:08 PM

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QUOTE(bearbearwong @ Jul 11 2014, 10:27 PM)
of course we are flexible, but flippers are not.. only capital appreciation, cannot sell, money stuck, end up paying more.. how?
*
Not only flipper kena affected, middle range income like me also kena lor. Inflation , price go up but salary same. Have to find more lubang income or eat roti kosong instead of roti telur liao
lai_dm
post Jul 11 2014, 11:11 PM

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QUOTE(tikaram @ Jul 11 2014, 10:36 PM)
Cannot increase la.  Nearby got vp units new and changgih facilitues. Increase no one rent oh.

Die lo. Everything up. But my rental cannot go up.

cry.gif  cry.gif
*
True, maintain existing tenants rather loss them by increase rental.

SUStikaram
post Jul 11 2014, 11:15 PM

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QUOTE(lai_dm @ Jul 12 2014, 12:08 AM)
Not only flipper kena affected, middle range income like me also kena lor. Inflation , price go up but salary same. Have to find more lubang income or eat roti kosong instead of roti telur liao
*
Before this, i already eat roti kosong.

now i need to order half roti kosong lio. cry.gif

This post has been edited by tikaram: Jul 11 2014, 11:17 PM
wil-i-am
post Jul 11 2014, 11:22 PM

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Maybank will increase BLR to 6.85% on 16/7
kradun
post Jul 11 2014, 11:26 PM

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QUOTE(bearbearwong @ Jul 11 2014, 10:27 PM)
of course we are flexible, but flippers are not.. only capital appreciation, cannot sell, money stuck, end up paying more.. how?
*
if they are smart they should sell u cheap instead of keep themselves bleeding, but at 1st got to get them educated else not so smart 1 will keep holding they bleeding prop till durian jatuh.
Tigerr
post Jul 11 2014, 11:30 PM

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QUOTE(kradun @ Jul 11 2014, 11:26 PM)
if they are smart they should sell u cheap instead of keep themselves bleeding, but at 1st got to get them educated else not so smart 1 will keep holding they bleeding prop till durian jatuh.
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This is just your wishful thinking only that they ll want to sell u cheap....u see those farmers at cameron highlands, when tomato price drop so much, they rather destroy it than sell u cheap....laugh.gif
kradun
post Jul 11 2014, 11:30 PM

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QUOTE(lai_dm @ Jul 11 2014, 11:08 PM)
Not only flipper kena affected, middle range income like me also kena lor. Inflation , price go up but salary same. Have to find more lubang income or eat roti kosong instead of roti telur liao
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Salary same mean is time for u to hop to another company. Banking line is the brightest at the moment, revenue suddenly shot up, being their staff can share the pie..
Tigerr
post Jul 11 2014, 11:31 PM

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QUOTE(tikaram @ Jul 11 2014, 11:15 PM)
Before this,  i already eat roti kosong.

now i need to order half roti kosong lio. cry.gif
*
Got roti kosong to eat is still better than those who squatting at the road side see u eat n got to wait kechara kitchen at night....

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