I know i know, i copy from internet.


DEFINITION OF 'QUANTITATIVE EASING'
An unconventional monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply. Quantitative easing increases the money supply by flooding financial institutions with capital in an effort to promote increased lending and liquidity. Quantitative easing is considered when short-term interest rates are at or approaching zero, and does not involve the printing of new banknotes.


Typically, central banks target the supply of money by buying or selling government bonds. When the bank seeks to promote economic growth, it buys government bonds, which lowers short-term interest rates and increases the money supply. This strategy loses effectiveness when interest rates approach zero, forcing banks to try other strategies in order to stimulate the economy. QE targets commercial bank and private sector assets instead, and attempts to spur economic growth by encouraging banks to lend money. However, if the money supply increases too quickly, quantitative easing can lead to higher rates of inflation. This is due to the fact that there is still a fixed amount of goods for sale when more money is now available in the economy. Additionally, banks may decide to keep funds generated by quantitative easing in reserve rather than lending those funds to individuals and businesses.

Vote Jolokia to be TS of V13

My campaign slogan "I will not locked/closed/report to avoid answering question like other.

Don't ignore lah, just answer loh,

1.) No my future in law & future sister in law never pressure me, my GF also didn't pressure me, so simple answer only mah,

Unless

2.) They did pressure u they you, they also says same thing like us, they heard next price increase some more next year after GST, if you don't buy they will not going to let their daughter married you, they don't want after married still stays with your PAMA or rented apartment.

As TS i also comment like when i am not TS mah.

We sincerely wanna help you to get a good deal property, though we make it in more humorous way, see we put in so many advise for you, other as us we wouldn't choi them..


2 5 kid spotted.

They are all related one, let me explain to you.

It is tradition for Chinese in law to make sure their daughter married to man with house, as is a form of security, most girls nowadays will not stay with in law, so all this factor actually contribute to property bubble, unless you stays single forever, you may want to hold but those surrounding you may not allow you to do so.

I am sure you know what i mean right ?

Every years tens of thousand couple getting married, so they will need to buy house, so how not house price bubble due to high demand ?

Most important

So can i be TS for V13 or not

Boy2 transaction low as in no more below 250K property which those majority can afford liao, now they need to rent or stays with relative, most important value of property is high, selling 1 500K property is better than selling 2 X 250K property, less work same pay.

I never denied they is a bubble in fact a big BUBBLE, but thing is it doesn't look like going to burst anytime soon, do you see Govt & Financial institution try to make sure Bubble sustained & stays in long term, those day you can says many zero entry, DIBS, borrow using gross income (Most if not all these gamble had cash in & now come back as cash rich investor) nowadays bank are more prudence in borrowing, so those qualified are genuine capable borrower, so the bubble are no longer bubble as it become norm price.

I don't like bubble, but i understand i need to lived in a bubble world, i don't hide from reality, now i teach you how to make the best out of current bubble scenario, don't live in self denied world, unless you want to be a hobo under the bridge, you donno there are people actually people goreng cemetery plot ah ? many of my friend in their 30's already bought cemetery plot leh, for me is OK lah, after i go sell salted egg i don't really bother lah.

Today i good mode i cheonghei a bit.

Back in 2010 if you says 1000sf apartment 500K, people call you Kisiao, but now people says normal lah 500K, so a Bubble in 2010 is no longer a Bubble in 2014, now you says OUG Parklane high density 950sf wanna sell 450K yu gao cho mao ? in 2016 maybe you would says "damn 2 years ago 450K i don't buy, now crazy 600K liao ! missed the boat again"

See the definition of Bubble change over time.

Additional note : Just read from an article 85 richest in the world have same wealth as 50% of the population in the world, soon property is luxury good where only the elite can afford, (our wealth distribution is getting more & more unequal, you want to be the have or the don't have, got house got chick, no house no chick.. your choice ?

comment of the day

Lu have parkinson ah ?

How many time i told you 95% of property in KV, JB, Penang is bought by Chinese ?

Malai people mostly work for govt they can buy municipal house, state firm house, Malay reserved property, bumi lot, why you worry for them ?

I am sure you notice even secondary Bumi lot is much cheaper than non bumi correct ?

Those wealthy malai house maybe bigger than your PAMA land.

Funny lah you.

Aiyoh you come out, i bring you go see Setiawangsa malai house.

Bear2 what Jolokia, Tiggerr, Apreciativeman, Jliew168, Zuiko407, Manutdgidds, CloudAtlas, Kadun, Showtime747 buy is not important to you, if we have something better you boh song, if we have something cheap still better than you have nothing, so why ask, concentrate what you can afford & buy soonest possible before this bubble become norm & never come down.

Understand ?

I also study behavior economy, i monitor Ice Cream seller scoop ice cream, they all scoop the same way, must be herd as they learn from each other..

[attachmentid=4199127]

Land also speculated mah, few thousand per acre can speculated till 700K/acre, indirectly cause property speculation loh, if land owner stop speculate then everybody can buy cheaper property loh..

These land BBB also sapu land like no tomorrow mah, 1 person hantam 10 acre, built cemetery for 10 generation meh ! ownself cannot flip pass to children, children cannot flip pass to grand children, sibeh greedy lah, donate to charity let the poor stays lah..

You never climb the mountain, how you know ? maybe there are "Twin Peak"

What else he have apart from Dream, he never studies Chinese, he don't know many great story..

I not keen to be TS of V13, i just don't want to let him hold the emergency button, you know lah, children when loss in game will main kasar one.. kekeke

Confirm yesterday must have kena kao2, maybe "tak bagi" until he buy a property, that why Bear2 so "fire" today..

Why Bear2 die2 wanna wait till next year to buy.

1.) No money now, wait for this year Bonus + 12 mth saving + next year bonus then ngam2 enough for DP.
2.) GF not joining with him, he not enough money deliberately drag till end of next year when married GF no choice but join name. (Provided GF didn't found better guy).
3.) PAMA land maybe can ask UK uncle to buy & develop, so Bear2 can grab bread crump for DP.
4.) Bear got DP but current salary not qualified for loan, he want to wait for next year increament.

Bear2 PM me which is correct answer ?

Guy don't be to fast & furious tonight, as I sleeps early, scare Bear2 snatch V13 TS position. .. kekeke



This post has been edited by jolokia: Nov 3 2014, 09:09 PM

5.) Mean your money not enough loh ! can only max 10% DP...lol
6.) Mean you not enough money but die2 wanna buy above your own mean, so can only hope miracle happened.

Everyone says Properties price will jack up after GST woh !

Don't look so high up on own self lah ! we also layan Ice Cream Boy, Lalat Dern, Metoo, Katjar, The Accountant (but he broke his promise to let us laugh at him at lease once a day), your ex general Banana also abandoned you buy like no tomorrow, Gogo2 really Gone with the princess cove..so you now 1 man army loh.
..

Poor thing PR1MA in KV expected around 300-400K & even those join venture between Govt & Private projects is like 270K but require high deposit, so basically you cannot afford anything lah.

Ice Cream shop assistant salary so teruk meh ? Donno you can try applying low cost house or not, aiyoh you sell of 2 house for 300K each now can't even buy back 250K ah ?

oh dear..

House price bubble 'will not burst'

by JAMES ORR, Daily Mail
Fears that the housing market 'bubble' could be about to burst were dismissed by the deputy governor of the Bank of England last night.
David Clementi assured homeowners that the booming property market was unlikely to crash and that there was no threat of an imminent rise in interest rates.
Interest rates have been held at 4 per cent since November and City analysts have forecast a rise to rein back consumer spending and the housing market.
Last week the Organisation for Economic Co- operation and Development also predicted rate rises would be needed within weeks to keep inflation under control.
But yesterday Mr Clementi insisted that the situation would not lead to a 1990s-style crisis and did not warrant a rise in interest rates.
'As with all imbalances, this situation will have to be resolved,' he said. 'But this need not necessarily involve a sharp correction in property prices.
'On balance, my view is that the current state of the housing market does not, taken on its own, raise undue concerns for the inflation outlook.
'But we need to, and will, stay alert to developments in the data. And both we, and the markets, need to recognise that the build-up in debt creates heightened downside risks.'
Earlier this month economic forecasters predicted the average house price in Britain could triple to more than £300,000 by 2020. They claimed the market would be driven by a desperate shortage of homes, low interest rates and a surge in population partly due to immigration.
The predictions from experts at the Centre for Economics & Business Research were that the North-South gap in prices would also become wider still.
In a speech to the Chartered Surveyors Livery Company's international dinner last night, Mr Clementi said both the Halifax and Nationwide had suggested annual house price inflation is currently running at levels in the mid-teens.
He also said the Royal Institution of Chartered Surveyors had pointed to continuing strength in house price inflation over the next few months.
He added: 'There are some who believe the MPC (Monetary Policy Committee) should act now to contain what they perceive to be a dangerous "bubble" in house prices. I am not convinced by this view.'
Mr Clementi claimed that while residential house price inflation could clearly not be sustained for ever at current rates, the evidence for a bubble was not conclusive.
He added: 'By their very nature, bubbles are hard for policy-makers to identify, particularly at the time.'
He added: 'Even if the property market gets out of line, monetary policy adjustment is appropriate only to the extent that property developments risk the inflation target not being met.'


Read more: http://www.dailymail.co.uk/news/article-11...l#ixzz3I4MVe8RU
Follow us: @MailOnline on Twitter | DailyMail on Facebook

Bear i told you many time, don't compare our income with those developed country income, in their country Gini Coefficient is low so average income represent general income, but our country Gini coefficient high, meaning our average income don't represent actual income, 1/20 very rich, 1/10 rich, 1/5 quite rich, the rest very poor.

Understand boh ?

Meaning there are a bunch of people can afford very high price property even majority cannot afford, these people will control the price & buy in bulk to keep, they never worry if vacant or not.

Same like car is very expensive in our country but road are full of Benz, BMW, Audi, Posh & etc, if base on average income sure "majority average income earner" cannot afford right ? but why these luxury can selling so well here ?

How about LV, Hemes, Prada hand bags ? Average husband cannot afford buy for wife right ? Rolex, Panerai, IWC, average people cannot afford right ? how come so many showroom here ? Tiffany & Co. also have few outlet here, i am sure you also cannot afford to buy a Tiffany & Co. diamond ring for your GF right ??

See what i mean, now understand mao ?

This post has been edited by jolokia: Nov 4 2014, 12:19 PM

You can only Dream, Wish, Curse, price to go down 10-20%, but Bear2 ask yourself what is the chances Mahkota Residence price go to 350K, OUG Parklane 320K, Green Terrain 440K ? Do you think this is possible ?

Let put your self in their shoe OUG Parklane bought at 290K in 2010 sell to you at 320K in 2015 (after paying 18 months installment) minus agent fees & etc, earn less than 10K

Let says Bear2 you bought OUG Parklane with 320K then i offer you 350K in 2017, would you sell to me or ask me to fly kite ?

What you not willing to do you expect people to do ah ? 30K profit for 5 years (3 years construction + 2 years VP) 6K profit a year aka 2% per year, after minus expenses mean less than 1%, you got logic or not ?

That why we told you, prepared to pay 10-20% more rather than 10-20% discount.

You would be sibeh lucky if the price rise less than 10%, if you think it will drop 10-20% you can dream on until you GF cabut.

Most important GF know he cannot afford what GF want unless owner gove 20% discount.

If GF know 450K property also he need 20% she will cabut long time ago.

If i use One South you lagi malu isn't it ?

I told you already mah, i am small player 800K i shall split into 2 X 400K, buy 2 cheaper one then when those who earn 5.5K will buy from me when their GF tell them, no house no honey mah..

Aiyoh 730K still need to live in Ulu2 land, some more buy food also need to pay toll, every morning drive 1.5 hours to work, don't want lah, near Kajang jail some more.. errgg... If go money i listen to Zuiko choose EM better..

Correct property only one way ticket, up up & away..

Do you know Spain has 25% unemployment then property market crash, so much so 80% household has more than 1 house, here last check still got 1.7M household houseless leh, long...long....zzz...time lah.

What most expensive ticket ? didn't i told u 5 storeys below me transact 3% more than me in just 1 month, now another ask for 5% more than my price, sibeh fast, now most of them die die don't wanna sell, very difficult to get similar price property.

Bear2 recently i see Greenview Residence price hand ichy2 do you think is good buy ah ? morning tarffic how ah if go to city centre ? any advise ah ?



Why U not support me to be TS of V13, I include all factor, i even take initiative add up more info..

It's my dream to be TS.. Bear2 don't like that lah..

No need lah you sponsor 9 seat, i pay for the 10th seat, ninesome

or i pay for Bear2 GF Sisters, then we can discuss Birdnest business join venture..

20% discount he can dream on, even Venice Hill also no chance lah..

[quote=bearbearwong,Nov 4 2014, 05:30 PM]
[quote=jolokia,Nov 4 2014, 05:23 PM]
If i use One South you lagi malu isn't it ?

oh izzit? you malu izzit? example of bad investment wor... if I malu you still no tekan?

I go investigate then come back tell you why price no go up 500K only go up 450K

I told you already mah, i am small player 800K i shall split into 2 X 400K, buy 2 cheaper one then when those who earn 5.5K will buy from me when their GF tell them, no house no honey mah..

can never improve out personal attacks and wild assumptions

Aiyo only you earn 5.5K meh, only your have GF meh, 400K house target 5.5K buyer correct mah, why my guess correct ah You eat vege last weekend ah

Aiyoh 730K still need to live in Ulu2 land, some more buy food also need to pay toll, every morning drive 1.5 hours to work, don't want lah, near Kajang jail some more.. errgg... If go money i listen to Zuiko choose EM better..

indirectly trolling all ulu like Semenyih projects/bangi /rawang, quite a big township over there..

Ulu2 for me as i work in city centre mah, drive 1.5-2 hr very tired leh, some more me all this while in in KL leh, every see monkey jumping & hear bird chipping boring lah,,

Correct property only one way ticket, up up & away..

Do you know Spain has 25% unemployment then property market crash, so much so 80% household has more than 1 house, here last check still got 1.7M household houseless leh, long...long....zzz...time lah.

that means buying property sure profit lor? small small play.. Huayang below 500k.. not ulu too.. Europe only got spain? US? Singapore? China? not using them to reflect the their house index, the fact property price do come down... even without whatver you mention

Singapore up berpuluh puluh percent down beberapa percent, China also up how many folds now drop few percent, what for mentioned, Spain got drop 50% mah, but nobody have money to buy leh, 1/3 person no job, now only China people go buy in exhange for long term Visa mah.

Why U not support me to be TS of V13, I include all factor, i even take initiative add up more info..

It's my dream to be TS.. Bear2 don't like that lah..

but you only knows trolling... tell you what, if property is a one way ticket as you have confidently pointed out up there... why still waste time in bubble, go and buy few more properties and sit and wait become millionaire like your comrades . since it is waste of time.... just indulge yourself in properties market

Cannot mah, we must diversified, that why i ask Bear2 opinion Greenview good buy or not loh, i now femiliar in that part of town mah..

So Bear2 can i be TS or not ??

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This post has been edited by jolokia: Nov 4 2014, 05:42 PM

Waa if this continue, Bear can have free wedding diner liao...

Mian Shui Hao loh..

If got 20% drop, i will garb one when it's drop to 18% no chansi for Bear liao...