u sure our banking system is prudent? this is Malaysia runned by Malai

wow, even those properties are being speculated? and the price are not speculated? then you gotta do back ground check on your peers across the board, they are in fact 65% of your peers who do not have house majority, hear me right.. waiting for help and renting , who are the culprits?

from this I know already where you are coming from... you see, the property price are due to speculations, from the majority comments above you know they are denying the speculation activity..
if you guys support the base, they will be hoping you to upgrade some time after, i.,e taking heavier debts for their expected profit... you be forever debt bound by speculation scheme.. not to worry, these activity affects the Chinese the most, and these areas are extra 10-20% more expensive than any similar properties/built up /year/facing, just because speculating..

sad enough current prop are subsales at 400k to 800k region, and demands lowered, transaction of course would have lowered.. (confirmed by many news), these jokers are are servicing properties loans and maintenance... they are at hard time too, but still not letting go their 200k at least expected profits.. these groups holds the 300k chips prop like your wife did, so rental could have cover or enough.. that is why the confident here... but those holding 500k like Midfields 2, green residence 700k, and etc can only be for ownstay... but by having more more ppl buying 500k, 700k bracket, they feel secured, coz how property will drop we got 700k and 500k ppl be our vanguard..

that is why the spurr here.. and apologies for any unintended words blurted out..

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....

dun listen to these jokers.. half of the are sleeping while commenting.. JUST BARE IT IN MIND PROPERTIES ARE DUE TO SPECULATIONS..

Don't worry. To him, nobody is qualified to advise him on anything including law and economics.

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