Multiple Signs of Malaysia Property Bubble V19 
Sep 15 2015, 01:18 PM
QUOTE(icemanfx @ Sep 15 2015, 10:21 AM)
Najib’s economic stimulus lifts stocks
http://www.theedgemarkets.com/my/article/n...us-lifts-stocks
This stimulus could not wait for next month budget and the package is like 1997 financial crisis, implying interesting time ahead. In 1997, it was elevated corporate debt and stock bubble, this time is elevated households debt and property bubble.
"Other measures announced by the premier yesterday included an exemption on import duty for factory sectors, an additional RM2 billion for small and medium enterprises under the working capital scheme, RM80 million for the tourism sector to boost promotional activities in Asean, China and India as well as a housing loan assistance of RM200 monthly for two years to be extended to 20,000 married couples aged between 25 and 40 years earning below RM10,000 per month for the purchase of their first home valued between RM100,000 and RM500,000."http://www.theedgemarkets.com/my/article/n...us-lifts-stocks
This stimulus could not wait for next month budget and the package is like 1997 financial crisis, implying interesting time ahead. In 1997, it was elevated corporate debt and stock bubble, this time is elevated households debt and property bubble.
Wow, this is interesting..haha
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