We hav great chansi to wrap up tis thread tonite.

Why no put price in Japan, South Korea, HK, China (Beijing, Shanghai)? Now you know what's the price in US (NY,LA..prime area not some village place), UK (London..same prime area not some village place anot) anot?

Don't just spout out words and googled past news.

Come come..... kopi buffet.....

Hello.. what are their salary.. u not within the league to comment remember bcp beancounter warning

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

No prop, no real experience in loan, transaction and etc....... call what league??

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

If ang mo stick is at least 8 inches, then our student's stick ll have some more room to grow longer...

Guess the herd has missed the boat to buy property in uk or are not even in the league to consider.


This post has been edited by icemanfx: Nov 4 2014, 12:21 PM

U know how much salary in US n UK or not? U go ask those working in wall street n see how big their sticks...

Did u miss or u had join the herd???

He tot so highly on himself yet never qualified in game before lol

Sour grape

Wah u look down on people again..what u mean by not within the league to comment

Ang mo kkj smell nicer ah

Again and again, when critical question is asked about your "rubbish theory", you splash out rubbish and unrelated comments. With no intention to defend what you said. Just to let you know that the readers here are more clever than you thought. They won't buy into your 1 line "rubbish theory" unless you explain further.

Ok let me ask you again :

If the property dropped 50% to RM250k, and you are so happy and bought it at RM250k.

Then the property drop price further to RM150k.

Will you be financially ruined for life ?

Why need to buy in UK when I can triple my investment in 5 years here ....bodoh la lu

Good for u work in baskin Robbin gain some real life experience rather pretend be expert

bearbear, let's not troll....

You believe the market will come down next year. Ask icemanfx whether it is a good time to buy property if 2015 market begin to crash ?

Not trolling. Just want to see iceman's advice to you....

relax.. from the choice of words already can see anger..

haha try new idea lah. Why repeat my words on you during weekend ?

Again, you say others are trolling.... People attack you....Now I ask you a simple question but you avoid it and instead personal attack me. Who is trolling ?

today tuesday..... he more cool already..... no much fire liao.......

This post has been edited by AppreciativeMan: Nov 4 2014, 12:54 PM

today tuesday.... bbw cool off already..... may not hit your target tonite ya....