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 Property Bubble & Its Social Impact V13, LYN famous DDD Vs UUU Thread

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Showtime747
post Nov 5 2014, 08:30 PM

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QUOTE(bearbearwong @ Nov 5 2014, 08:21 PM)
this is what you said, I didnt say.. so we have positive answer of demands lowering, so hard to admit a glaring facts...

making big big gap to justify the non applicable of lower demands ... drop 10-20% would be enough and good start,...

ask you to confirm demands lowering, you even put with presicion how far discounts will in.. but I am not as sick as you, 50% no body cares about property, 10-20% would be healthy one... and keep the market rolling, to have wait the group that you target to increase in their earnings/salary long wait, many interest need to serve...

rich ppl are never stupid ppl (some are) nobody would want to make a loss by servicing to get back in future so near (5) years for price to rebound.. if you say cannot sell maybe..
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ok ok....since bearbear say so. Next year drop 20%. Goodview upon VP got 1 flipper cannot tahan the subprime loan and sell his good fong sui facing south next to playground unit to bearbear for RM584k (exactly 20%, no more no less). Then in 2016, the price follow showtime747 increase by 10%. Then as predicted, super bull come in 2017 increase by 30% and in 2020, the market price become RM1.3m

Sui arrr....Huat arrr... bearbear !

bearbear is better than the greatest student economist thumbup.gif
Showtime747
post Nov 5 2014, 08:31 PM

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QUOTE(bearbearwong @ Nov 5 2014, 08:24 PM)
standard BBB, any other than bubble.. coz just admitted low demands in property... what and why waiting.. low demands, investment looking dark.. price ceiling... instead of paying more loans, better think fast...
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+1 thumbup.gif thumbup.gif
Showtime747
post Nov 5 2014, 08:36 PM

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QUOTE(CK15 @ Nov 5 2014, 08:34 PM)
Bear2,
BNM going to announce BLR rate tmr again. What is ur guess this time?
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Of course increase by 2% at least ! thumbup.gif

Government will bulldoze the market price one...
Showtime747
post Nov 5 2014, 08:38 PM

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QUOTE(AppreciativeMan @ Nov 5 2014, 08:37 PM)
Counseling from a person who need counseling urgently himself??  laugh.gif  laugh.gif
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I find it more fun when bearbear is under stress. That's why I look forward to weekend. But today is a bonus ! thumbup.gif
Showtime747
post Nov 5 2014, 08:48 PM

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QUOTE(max_cavalera @ Nov 5 2014, 08:24 PM)
erm...i dont get you? actually u are so upbeat and angry at government, speculators? u can buy any property even starf rom 20-40k u know?

Lemme assist you:

Google CIMB property mart....they have category for auction less than 100k.... no need so frustrated bro... icon_rolleyes.gif

my wife buys an apartment 2 years back at 215k in shah alam and now agent offer 330k++..

me buy ard 275k but got offered 350k ish still reject...as the rental rate is more worthwhile than selling now...

u need to start somewhere and trade up....my parents 1st stay ina a single storey house and only then they trade up to a bungalow... even my wife too....all ppl start somewhere small....unless u have a rich parents thats willing to sponsor ur 1st landed prop in a strategic location in klang valley...
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Bro, just some background info. His parents has 5% share in a 200 acre plantation land in kajang bought in 1960s. They asking RM700k per acre. So he is a rich guy

Problem is, there are 20+ owner in that land. Owners are old and pass away 1 by 1. Children of the owners go court. Land cannot sell since ages ago.

Basically is "can see, cannot eat". So bearbear on paper very rich, but cannot cash out. And have to rely on his daily job as a re-possessor in law firm. Now cukup umur to kahwin. More pressure from in-laws. That's why blaming all the people for "goreng' the house market. Instead of buying something he can afford, he is waiting for the market to fall 20% so he can afford his dream house

That's is the bulk of bearbear story...about there lah....
Showtime747
post Nov 5 2014, 09:01 PM

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QUOTE(max_cavalera @ Nov 5 2014, 08:54 PM)
owh....then maybe ayam not qualified to advice ler...ayam just poorfag lowly peasant worker...can save salary every month 10-20% and live in peace without so much debt ayam already happy....  icon_rolleyes.gif  notworthy.gif
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Don't worry. To him, nobody is qualified to advise him on anything including law and economics.
Showtime747
post Nov 5 2014, 09:01 PM

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QUOTE(Jliew168 @ Nov 5 2014, 08:53 PM)
U forgoten to add on Bearbear always tell people he know law and in law lines, but he is not lawyer..may be judge gua  rclxms.gif
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haha, who keep all his classic quote and quote of the year ? tongue.gif
Showtime747
post Nov 5 2014, 09:04 PM

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QUOTE(max_cavalera @ Nov 5 2014, 08:58 PM)
okay.jpeg bro  unsure.gif

anyway dont be demotivate...always scout for some good deals in auction...sure can find one ler...good opportunity available all the time...if u expect most of this ppl to go broke is like waiting for armageddon....u can do it!  thumbup.gif
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Have been advising him again and again the same thing. He don't listen. Must have some reason he doesn't want to reveal.

BTW, he only choose chinese area to buy house. A racist guy shakehead.gif
Showtime747
post Nov 6 2014, 06:45 AM

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QUOTE(max_cavalera @ Nov 6 2014, 01:48 AM)
Erm...i thought this is serious kopitiam? Y many ppl here like sarcasm troll bully bro bear?...
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It goes both ways. Beside a racist, he always challenge people to screen shot private info like Ccris. To him, you have to show you are a rich guy only can talk in forum. If you poor, then shut the fxxk up. Maybe because he feel he is a rich guy himself. So, when he can't refute our opinion, he challenge us to show our assets. If not he will belittle you

If you go to property talk Setia EcoHill thread, Eco Majestic thread, or any thread for projects near Kajang Semenyih, you can see him there bad mouth. Until all taiko and taikajie there also unwelcome him. He cannot afford those property there, but he go and kacau people doh.gif

When bearbear just started, he is a nice guy. But as time goes by, he felt that he cannot afford his dream house and start to blame the UUU. His opinion become serong. He thought that the high price is caused by flipper intentionally manipulate the price. And he thought that the UUU here and buyers in EcoHill/EcoMajestic etc are the flippers and the core people who cause him his dream house
Showtime747
post Nov 6 2014, 04:07 PM

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QUOTE(bearbearwong @ Nov 6 2014, 09:49 AM)
either project I use will somelse investment...

Amaya bumi buyer (Amaya maluri)
Jliew ( Midfields 2)
wybee78 ( 10 units of GT208)
Dr pitchard (Oug parklane cash buy)
Talbac( Mutiara villa superlink kajang)
TKJ (SEH)
Doom ( SEH)
Jason cat (SEH)
SAMKPS (seh)
Raikonen (SEH, EM)
Chris ( SEM & EM in rows buying) investors clubs
and etc

other BBB are so worried dun even dare to tell their projects where abouts, if the above is not true, why care? all staying? Amaya got 2 ass to stay in 2 units?
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Bro, cool down. The word "ass" also come out already....

Don't worry, as you plan, price sure will crash 20% in 2015. Just in time for you to buy thumbup.gif
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post Nov 6 2014, 04:11 PM

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QUOTE(icemanfx @ Nov 6 2014, 01:41 PM)
The miracle is more like kv property could defy economic theory.

Given uuu couldn't get out of their position, they only hope for miracle to happen.
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Is it a typo ? It should read "Given DDD couldn't get out of their position, they only hope for miracle to happen"

Ie. DDD especially who waited for years saw before their eyes price ran away from them. From RM200k increase price to RM500k. Only miracle happen like crash 50% will also not able to save them because still RM50k more expensive than if they buy years ago.
Showtime747
post Nov 6 2014, 04:17 PM

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QUOTE(icemanfx @ Nov 6 2014, 01:57 PM)
Not sure praying is enough to save uuu. Believe if uuu donate 50% of their profit to charity will earn more karma than praying alone.
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hahaha, praying...charity...karma....

Student, come back to reality. Don't dream so much. Those religious thinking can't buy you a house
Showtime747
post Nov 6 2014, 04:19 PM

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QUOTE(bearbearwong @ Nov 6 2014, 04:13 PM)
you other friend sperm all come out you cool only...selective
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Wah....now "sperm" also you write dy....

This week is a bad week for you bearbear....Don't worry. Price sure come down next year. Because demand bad mah thumbup.gif
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post Nov 6 2014, 04:24 PM

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QUOTE(jolokia @ Nov 6 2014, 04:23 PM)
GF tak bagi until he bought the house she want.  brows.gif

Fire now up his brain, this weekend he "chat ga gee" again.  whistling.gif
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tongue.gif tongue.gif
Showtime747
post Nov 6 2014, 04:28 PM

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QUOTE(bearbearwong @ Nov 6 2014, 04:13 PM)
you other friend sperm all come out you cool only...selective
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bearbear,

Green Terrain how much now ? RM600k ? Next year drop 20% to RM480k you buy ? What if the price continue to drop another 20% to RM360k in 2016 ? Shouldn't you wait another year ? 1 more year only mah...you save RM120k man. Can upgrade your vios to civic liao....

Demand bad now, crash sure to happen next year. And as bro iceman said, it take a few years to bottom...
Showtime747
post Nov 6 2014, 04:37 PM

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QUOTE(bearbearwong @ Nov 6 2014, 04:34 PM)
drop 20% will be good, dropping another 20%, of course very good, but wait you dare to comment first after the initial 20% drop.. ok  rclxms.gif

sad right, forumers like BBB can only comment like this..  sad.gif
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Drop 20% good. You buy.

Then drop another 20%. Why got good. You lost RM120k. If you wait 2016/17 you could buy a civic for free

True boh bearbear ?
Showtime747
post Nov 6 2014, 04:47 PM

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QUOTE(icemanfx @ Nov 6 2014, 04:40 PM)
Givers gain, the more one gives, the more he gains.

It is no wonder that few (less than 1%) of flippers could join the apex in wealth.
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Wah, didn't know you study philosophy also thumbup.gif

But in real world, "give more gain more" doesn't happen. It only makes a person "feel better"

And also if you "give" with expectation you will "gain" back, it defeats the purpose of charity. When you give, give without expectation. "Give" with your true heart to helping others. That is the ultimate.
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post Nov 6 2014, 04:56 PM

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QUOTE(bearbearwong @ Nov 6 2014, 04:47 PM)
ya loss 120k...so seems like you are confident more than us dropping soon... what are you waiting, still high price? want to pay more loans and then suffer 20% drop later another 20%?
bearbear, I am thinking "in your shoe". So, I am anticipating what will happen if your prediction is right. Not saying I agree with you. You understand or not ?



QUOTE(bearbearwong @ Nov 6 2014, 04:47 PM)
but I believe property has a base price... would not drop so bad till those extend, but let wait 20% drop then we shall see, if transaction is up, means demand is back..

as of now, transaction low/depressed, demands low, many vacant, you know the maths... needless for me to waste energy over this
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bearbear, don't be so confident. Look at USA. When it drop, it dropped >50% for most type of property. You only think the possible situation which will "best fit" your plan.

I can tell you if bubble really crash (eg. suddenly EPF bankrupt etc), it wouldn't stop at 20% one. It will go further. At least 50%. That time people only worry about their stomach. They have to fire sell all their asset. People only want cash to buy food

bearbear, can I humbly request you do me a small favour ?
Showtime747
post Nov 6 2014, 05:01 PM

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QUOTE(icemanfx @ Nov 6 2014, 04:57 PM)
Just means you either give little (if any) to charity, taken a lot more from others or both.
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Neither. I give. But I don't expect to get "rewarded" in return.

Not like you. You "give" only because you think you will gain back something. You are afraid if you don't "give", you will not "gain". Wrong attitude
Showtime747
post Nov 6 2014, 05:29 PM

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QUOTE(icemanfx @ Nov 6 2014, 05:17 PM)
Let see at the end of bull run, whether you have enough karma to be in top 1% bracket, become mortgage prisoner or bankrupt.
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If a person over borrow, he will bankrupt if he cannot repay the loan

If a person has financial wisdom, he will never be bankrupt

Nothing to do with karma.

Your brain is heading to those extreme religious thinking. Come back to your real life. Don't be "over-religious". It will do you no good

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