Dec 8 2014, 09:28 AM
QUOTE(Babizz @ Dec 7 2014, 10:44 PM)
he made a mistake in this calculation 
maybe 8 million malaysians need a house..so 2 million houses MAX..
maybe 8 million malaysians need a house..so 2 million houses MAX..QUOTE(jolokia @ Dec 8 2014, 08:38 AM)
This is bull self imagine by Alan Thong, if given him freedom to bull he would have said we need 30 milllions house for 30 millions people, we asian has bigger household compare to westerner, westerner children will be kick out once thy finished their uni like 18yo, they never stay with the parents, 4-6 person lived in a house is norm, for Malay & Indian family could be more.
Perhaps he is dreaming of Spain style 80% population own a house while 25% people are jobless..
Perhaps he is dreaming of Spain style 80% population own a house while 25% people are jobless..
QUOTE(Babizz @ Dec 8 2014, 08:48 AM)
yeah.. he is expecting families to live in 2 separate houses to accommodate to his figures
try to read between the lines. look at who he is. and what he says that shall be to his own interest.
what he is trying to say is that the property market in malaysia is still healthy. no oversupply. no risk of market crashing aka bubble. therefore he is encouraging BBB as there is still plenty of room in the market as it is still 'under-supplied'
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