QUOTE(sniper on the roof @ Jul 3 2015, 02:46 PM)
Space colony ftw.Chinese to Japan: Let us pump up your property!, prices soar News
Chinese to Japan: Let us pump up your property!, prices soar News
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Jul 3 2015, 07:10 PM
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Elite
1,157 posts Joined: Jul 2008 From: Petaling Jaya |
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Jul 3 2015, 07:11 PM
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VIP
23,414 posts Joined: Jan 2003 From: Taipei |
QUOTE(thexs @ Jul 3 2015, 07:01 PM) PRC use property to park their money more than as an investment. You can see many 'black condos' in Singapore - bought by foreigners (mostly PRC) but not rented out. Have money good wut... Money inflow into the economy and tax them when they pull out.Even with high taxes, they have the money, trust me. How's that not a good thing? |
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Jul 3 2015, 07:13 PM
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All Stars
14,240 posts Joined: Jul 2007 From: JAVABUS |
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Jul 3 2015, 07:18 PM
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Junior Member
202 posts Joined: Nov 2010 |
QUOTE(sniper on the roof @ Jul 3 2015, 07:11 PM) Have money good wut... Money inflow into the economy and tax them when they pull out. Money is good. No doubt. How's that not a good thing? But when your citizens cannot afford homes, it is a problem. In the long run, citizens who cannot afford housing and are subject to high costs of living will be detrimental to the economy. Also inflating property prices beyond reasonable levels will result in a property bubble. |
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Jul 3 2015, 07:34 PM
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VIP
23,414 posts Joined: Jan 2003 From: Taipei |
QUOTE(thexs @ Jul 3 2015, 07:18 PM) Money is good. No doubt. Malaysia's doing pretty decent in terms of property affordability so maybe its the people's expectation problem.But when your citizens cannot afford homes, it is a problem. In the long run, citizens who cannot afford housing and are subject to high costs of living will be detrimental to the economy. Also inflating property prices beyond reasonable levels will result in a property bubble. http://www.numbeo.com/property-investment/....jsp?region=142 Just sayin This post has been edited by sniper on the roof: Jul 3 2015, 08:01 PM |
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Jul 3 2015, 07:41 PM
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Junior Member
172 posts Joined: Jan 2010 |
QUOTE(sniper on the roof @ Jul 3 2015, 08:34 PM) Malaysia's doing pretty decent in terms of property affordability so maybe its a people's expectation problem. tell that to penangnites.http://www.numbeo.com/property-investment/....jsp?region=142 Just sayin |
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Jul 3 2015, 07:48 PM
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Senior Member
662 posts Joined: Jul 2013 |
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Jul 3 2015, 07:54 PM
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Junior Member
301 posts Joined: Jun 2008 |
QUOTE(Lawolfe @ Jul 3 2015, 07:41 PM) if you are too lazy and feel that you deserved a house in the city proper despite your income >RM10k, perhaps you need to travel around the world a bit and talk more to the golden generation before whining further.The problem isn't with the world, it's with people like you. Everybody wants to live near the happening spots in the city, of course, and of course, only the people with biggest wallet can afford it. Not just in Malaysia but everywhere else in the world. If you so despo want to live in the city, just rent. If you plan to buy a property with low income, just like your previous generations, just buy far away on the outskirt. Should be affordable. Who knows, perhaps in a decade or two, just like before in the past with previous generations, the city development may creep to your property or maybe not. |
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Jul 3 2015, 08:26 PM
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Junior Member
172 posts Joined: Jan 2010 |
QUOTE(Sethmaster @ Jul 3 2015, 08:54 PM) if you are too lazy and feel that you deserved a house in the city proper despite your income >RM10k, perhaps you need to travel around the world a bit and talk more to the golden generation before whining further. OK, I'm sorry for being lazy with low income < RM10k because I just have a normal stable job with normal salary and no commission. I guess I'm just a typical guy with household income around RM8k wanting to buy a nice house but it cost freaking RM700k for a small unit condo, and even if me and my wife work hard get promotion, increase income, no spend money on starbucks, the next property sells at RM900k which again we cannot afford. I guess it's alright to call us lazy compare to some foreigners who come in a wallap all the properties, they must be really hardworking if they can afford those houses.The problem isn't with the world, it's with people like you. Everybody wants to live near the happening spots in the city, of course, and of course, only the people with biggest wallet can afford it. Not just in Malaysia but everywhere else in the world. If you so despo want to live in the city, just rent. If you plan to buy a property with low income, just like your previous generations, just buy far away on the outskirt. Should be affordable. Who knows, perhaps in a decade or two, just like before in the past with previous generations, the city development may creep to your property or maybe not. More people buy properties, then developers want to build more super condos that cost millions since there are buyers. Then locals have no choice to live near outskirts, away from city life because we couldn't and never afford those houses (unless you're the lucky 1% people born with rich parents). As you said, we're just "too lazy" to deserve a proper house. |
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Jul 3 2015, 08:34 PM
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Junior Member
82 posts Joined: Feb 2008 From: Vladivostok |
a plaque ?
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Jul 3 2015, 08:44 PM
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Junior Member
133 posts Joined: May 2010 |
Why prc so lich ?
Y ah ? |
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Jul 3 2015, 11:21 PM
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Junior Member
136 posts Joined: Oct 2005 |
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Jul 3 2015, 11:22 PM
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Junior Member
797 posts Joined: Jun 2005 |
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Jul 4 2015, 12:21 AM
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Senior Member
741 posts Joined: Aug 2009 |
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Jul 4 2015, 12:23 AM
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Junior Member
136 posts Joined: Oct 2005 |
QUOTE(andrewcha @ Jul 4 2015, 12:21 AM) Walau. 50% up front. You sure a rich guy. How much it worth back when you brought? Interest from bank high? I buy cheap apt. RM 400k to RM 600k worth. I figured that I already living in a house I don't need any more extra property investments here in Msia. I buy where I want. So I transacted a non performing terrace house to finance this. |
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Jul 4 2015, 12:50 AM
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Senior Member
741 posts Joined: Aug 2009 |
QUOTE(euthanasia @ Jul 4 2015, 01:23 AM) I buy cheap apt. RM 400k to RM 600k worth. I figured that I already living in a house I don't need any more extra property investments here in Msia. I buy where I want. So I transacted a non performing terrace house to finance this. But still forking out upfront of RM200k is not an easy stuff for me to do it lo. I really need to learn from you. |
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