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 Property Bubble Burst or Deflate ? V14 (发), Cherroy Most Forwarded Thread

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bcpbeancounter
post Nov 21 2014, 06:36 AM

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QUOTE(icemanfx @ Nov 21 2014, 03:06 AM)
During bull run, it was punters smart efforts and clever investment that made profit. After the bull run is ended, it is always and solely lenders fault that fuel the bull run and cause the crash.

It is natural for sellers to add their cost e.g interest payment to their price, hence expect natural price rise of 5% to 10% p.a. Few if any sellers will let go of their units at below perceived market price even if the perceived market price is unrealistic and many of the similar units were transacted at lower or foreclosure price. Seller will not accept price drop unless is foreclosed by bank.

Most people don't learn from history. That's why history always repeat itself in different forms.
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How to link your second para to third para????

This post has been edited by bcpbeancounter: Nov 21 2014, 06:37 AM
Tigerr
post Nov 21 2014, 07:07 AM

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QUOTE(**** @ Nov 20 2014, 10:13 PM)
Wow. Bear bear knows he cant fight all of us. He is back off little bit.

Property thread is boring without this crazy kid
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Deep in heart, bbw wants to buy but he cant afford.

Now, even if he can buy n afford a lower budget one, he ll have to battle his own face n dignity to over turn all those condemned remarks he has made earlier. He needs to eat the chili he prepared earlier.....I believe he ll buy eventually n try to change his tone slowly but just a bit hard to swallow his own chili only.
bearbearwong
post Nov 21 2014, 07:34 AM

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QUOTE(Tigerr @ Nov 21 2014, 07:07 AM)
Deep in heart, bbw wants to buy but he cant afford.

Now, even if he can buy n afford a lower budget one, he ll have to battle his own face n dignity to over turn all those condemned remarks he has made earlier. He needs to eat the chili he prepared earlier.....I believe he ll buy eventually n try to change his tone slowly but just a bit hard to swallow his own chili only.
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tigerrrr.... laohuuuuu... dun alwayls say like that, last time I got condemm? talling the facts?
bearbearwong
post Nov 21 2014, 07:37 AM

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QUOTE(icemanfx @ Nov 21 2014, 01:48 AM)
The silent before the storm.
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I agree more on this.. should be mad purchase before GST, but seems nth , market is so quiet in all aspect in RE, sales , banks, insurance and etc..

do not engage in heavy debt taking which are not justified especially on inflated ones
bearbearwong
post Nov 21 2014, 07:37 AM

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QUOTE(party @ Nov 21 2014, 01:48 AM)
hard to have bubble burst.

One of the most cited example is US in 2007. What people don't realize is the one to poke the bubble to burst is the bank. They securitize and re-securitized the mortgage loan to a level a small needle can pop the whole market. NOT the flippers/buyers/investors fault actually.

2nd greatest example..China. The devs there build at anywhere and everywhere...They built town that duplicate paris etc etc hoping they could attract people to go buy and live there. Wrong move. But price remain relatively high in cities like Shanghai and Beijing.

The rest of other countries..they either fall 5-10% but since then remain. No economy crisis or anything.

Ppl do learn from history. Look at how hard BNM and gov trying to restrict the market. But it becomes a game where shark eat all the small fish while small fish dream they going to bcome big fish or shark to die.
He buy I go bald 2years.
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this dude now talks like a champion...

we dont mind to have more small fish eaten by the shark.. at least the small fish dun act like a big shark any more..

This post has been edited by bearbearwong: Nov 21 2014, 07:39 AM
Showtime747
post Nov 21 2014, 08:07 AM

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QUOTE(bearbearwong @ Nov 20 2014, 11:37 PM)
I dun think so, we still see many cars around, property going to see more vacant
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What you think is not important. There are only 2 DDD left in this thread. Last time UUU vs DDD is about 50:50

It shows the market sentiment now. People is "tired" of high price until they have accepted it. They have no more choice. Instead of hoping price come down, they rather think of ways to improve their income and be able to afford the property. The faster you accept, they cheaper you buy

It sounds like "creating fear". But that is the fact in property market for the last 40 years.

If you still don't wake up to the facts, in 5 years time in 1 of your sleepless night, you will remember a LYN member with a aeroplane name warned you before on your regret of your life


bearbearwong
post Nov 21 2014, 08:11 AM

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QUOTE(Showtime747 @ Nov 21 2014, 08:07 AM)
What you think is not important. There are only 2 DDD left in this thread. Last time UUU vs DDD is about 50:50

It shows the market sentiment now. People is "tired" of high price until they have accepted it. They have no more choice. Instead of hoping price come down, they rather think of ways to improve their income and be able to afford the property. The faster you accept, they cheaper you buy

It sounds like "creating fear". But that is the fact in property market for the last 40 years.

If you still don't wake up to the facts, in 5 years time in 1 of your sleepless night, you will remember a LYN member with a aeroplane name warned you before on your regret of your life
*
there are also very few ppl when American bubble... yet it still need to bubble, I do not think numbers matters, the transation volume and sentiments is important..

property price already so high and unsustainable, i think the fear is used wrongly, the BBB are using it despite all time high price.. they use the fear of getting high on buyers... it is a known fact to many isnt, yet they stop purchasing.. wonder why

it is a fact and coming fact that property newly vp will see a surge on vp units, maybe could be 30% to 50%

This post has been edited by bearbearwong: Nov 21 2014, 08:12 AM
Showtime747
post Nov 21 2014, 08:26 AM

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QUOTE(bearbearwong @ Nov 21 2014, 08:11 AM)
there are also very few ppl when American bubble... yet it still need to bubble, I do not think numbers matters, the transation volume and sentiments is important..

property price already so high and unsustainable, i think the fear is used wrongly, the BBB are using it despite all time high price.. they use the fear of getting high on buyers... it is a known fact to many isnt, yet they stop purchasing.. wonder why

it is a fact and coming fact that property newly vp will see a surge on vp units, maybe could be 30% to 50%
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Bearbear you are fighting against malaysian history, the people in the corridor of power, UXXO, and the people in charge of the economy like BNM.

You have been disappointed twice by BNM for not increasing interest rate and once by ah jib for not putting in more curbing measures this year.

And you will be disappointed again in 2015.

It is very clear the government is protecting the elites and have no intention to deflate the price. If people still think like you, they will be destined to be homeless like you.
ManutdGiggs
post Nov 21 2014, 08:27 AM

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QUOTE(bearbearwong @ Nov 21 2014, 08:11 AM)
there are also very few ppl when American bubble... yet it still need to bubble, I do not think numbers matters, the transation volume and sentiments is important..

property price already so high and unsustainable, i think the fear is used wrongly, the BBB are using it despite all time high price.. they use the fear of getting high on buyers... it is a known fact to many isnt, yet they stop purchasing.. wonder why

it is a fact and coming fact that property newly vp will see a surge on vp units, maybe could be 30% to 50%
*
Somehow somewhere someone said dun compare with US wo. cool2.gif
SUSjolokia
post Nov 21 2014, 08:34 AM

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QUOTE(Tigerr @ Nov 21 2014, 07:07 AM)
Deep in heart, bbw wants to buy but he cant afford.

Now, even if he can buy n afford a lower budget one, he ll have to battle his own face n dignity to over turn all those condemned remarks he has made earlier. He needs to eat the chili he prepared earlier.....I believe he ll buy eventually n try to change his tone slowly but just a bit hard to swallow his own chili only.
*
Hey what with the Chilli Chilli Talk, Peli me ah ? mad.gif

Ah Bear swallow own bitter pill eventually.

QUOTE(bearbearwong @ Nov 21 2014, 07:34 AM)
tigerrrr.... laohuuuuu... dun alwayls say like that, last time I got condemm? talling the facts?
*
Condemn nod.gif

QUOTE(bearbearwong @ Nov 21 2014, 07:37 AM)
I agree more on this.. should be mad purchase before GST, but seems nth , market is so quiet in all aspect in RE, sales , banks, insurance and etc..

do not engage in heavy debt taking which are not justified especially on inflated ones
*
Market far from quiet, in fact even what Showtime predict market back to 5-10% inflated yearly, it will still take at least 3 years, to chase away the gambler, so Ah Bear you might need to wait till 2018 & beyond to see any correction in price, & thats correction base on 2018 price not 2014 price.
QUOTE(bearbearwong @ Nov 21 2014, 07:37 AM)
this dude now talks like a champion...

we dont mind to have more small fish eaten by the shark.. at least the small fish dun act like a big shark any more..
*
You will have no fish or even planton to eat soon. laugh.gif

QUOTE(bearbearwong @ Nov 21 2014, 08:11 AM)
there are also very few ppl when American bubble... yet it still need to bubble, I do not think numbers matters, the transation volume and sentiments is important..

property price already so high and unsustainable, i think the fear is used wrongly, the BBB are using it despite all time high price.. they use the fear of getting high on buyers... it is a known fact to many isnt, yet they stop purchasing.. wonder why

it is a fact and coming fact that property newly vp will see a surge on vp units, maybe could be 30% to 50%
*
Property is far from unsustainable in Malaysia, you want to know what is unsustainable ? Look at Hong Kong property price, it is unsustainable ? but still growing despite the most expansive in the world, developer will just build smaller & smaller unit, don't be surprise if future standard condo will be 500sf maybe even 400sf, Previously standard 3 room Condo is 1000sf, then shrinked to 850-900sf, now most new project is 750-770sf, next it will be 500sf.

If you really want unsustainable i would say you need to wait till, both husband & wife combined income can't even pay for 1 500sf apartment, like 1 standard apartment 1 Million above, Condo 2 millions above, 1 DSL 5 millions above, even both proffesional earning 10K each can't afford a mass market house, 95% people can't even afford a Flat, then is call unsustainable.

Like you & GF combined income can't even buy 1 Flora Damansara, then only is called unsustainable.

Do you see this happening in market now ? whistling.gif

This post has been edited by jolokia: Nov 21 2014, 08:50 AM
SUSjolokia
post Nov 21 2014, 08:35 AM

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QUOTE(Showtime747 @ Nov 21 2014, 08:26 AM)
Bearbear you are fighting against malaysian history, the people in the corridor of power, UXXO, and the people in charge of the economy like BNM.

You have been disappointed twice by BNM for not increasing interest rate  and once by ah jib for not  putting in more curbing measures this year.

And you will be disappointed again in 2015.

It is very clear the government is protecting the elites and have no intention to deflate the price. If people still think like you, they will be destined to be homeless like you.
*
He donno Property is main source of "income" now. cool2.gif
ManutdGiggs
post Nov 21 2014, 09:28 AM

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QUOTE(jolokia @ Nov 21 2014, 08:35 AM)
He donno Property is main source of "income" now.  cool2.gif
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Lat jiu gor, prop cant b main source of income la. Otw econ wont move a lot wo. Most importantly is get urself high income then play prop. Liddat ok boh???

And prob here is bro bear is stil too young to know ethg but pretended to know all with his own theories. Look at his numbers, really make my days stimes. Whenever I shared with my frenz, they sure tiao me y reading tis kinda nonsense but deep down in my heart I wanna help to align bro bear to the ori striaght up kinda thg. Its up to him to blif me onot hor.

Anw I'm listening bro bear. Ur turn to tok. nod.gif
kradun
post Nov 21 2014, 09:35 AM

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QUOTE(Showtime747 @ Nov 21 2014, 08:26 AM)
Bearbear you are fighting against malaysian history, the people in the corridor of power, UXXO, and the people in charge of the economy like BNM.

You have been disappointed twice by BNM for not increasing interest rate  and once by ah jib for not  putting in more curbing measures this year.

And you will be disappointed again in 2015.

It is very clear the government is protecting the elites and have no intention to deflate the price. If people still think like you, they will be destined to be homeless like you.
*
Few years back used to have greater chance to face correction as the price for old and new property have quite a big gap.. Some old single storey house that i monitor have transacted at 400k now compare to 2 years back 300k.. Happy or not correction more likely to happen when the alternative option is cheap..
Tigerr
post Nov 21 2014, 09:38 AM

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QUOTE(jolokia @ Nov 21 2014, 08:35 AM)
He donno Property is main source of "income" now.  cool2.gif
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He knows but he won't admit.....
SUSjolokia
post Nov 21 2014, 09:44 AM

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QUOTE(ManutdGiggs @ Nov 21 2014, 09:28 AM)
Lat jiu gor, prop cant b main source of income la. Otw econ wont move a lot wo. Most importantly is get urself high income then play prop. Liddat ok boh???

And prob here is bro bear is stil too young to know ethg but pretended to know all with his own theories. Look at his numbers, really make my days stimes. Whenever I shared with my frenz, they sure tiao me y reading tis kinda nonsense but deep down in my heart I wanna help to align bro bear to the ori striaght up kinda thg. Its up to him to blif me onot hor.

Anw I'm listening bro bear. Ur turn to tok.  nod.gif
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Yellow card for you, donno what people wrote simply answer.

Income as in those "Donations" understand boh, read my post is to answer Showtime747, don't look at it as standalone answer.

Now get used to receiving donations in every project, Ah Bear want them to stop ah, MMT lah.

This post has been edited by jolokia: Nov 21 2014, 09:44 AM
ManutdGiggs
post Nov 21 2014, 09:45 AM

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QUOTE(jolokia @ Nov 21 2014, 09:44 AM)
Yellow card for you, donno what people wrote simply answer.

Income as in those "Donations" understand boh, read my post is to answer Showtime747, don't look at it as standalone answer.

Now get used to receiving donations in every project, Ah Bear want them to stop ah,  MMT lah.
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Oh und liao und liao. Paiseh lo. Kopi susu my treat. Ok boh???
bearbearwong
post Nov 21 2014, 09:53 AM

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Mr jolokia.. 550k vondo good buy or not?
ManutdGiggs
post Nov 21 2014, 09:55 AM

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QUOTE(bearbearwong @ Nov 21 2014, 09:53 AM)
Mr jolokia.. 550k vondo good buy or not?
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Got rebates onot??? Otw ur dp is heavy wo. Btw, dun rely on rebates har. Buy 350k can boh???
bearbearwong
post Nov 21 2014, 10:05 AM

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QUOTE(ManutdGiggs @ Nov 21 2014, 09:55 AM)
Got rebates onot??? Otw ur dp is heavy wo. Btw, dun rely on rebates har. Buy 350k can boh???
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Subsales inflated lor.. as mention.. I have ..
ManutdGiggs
post Nov 21 2014, 10:06 AM

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QUOTE(bearbearwong @ Nov 21 2014, 10:05 AM)
Subsales inflated lor.. as mention.. I have ..
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So, which one is gd??? Subsale (maybe inflated - as u mentioned) or newly launched (sure factored in if got rebates - can say liddat ar)???

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