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 MyDeposit - Thoughts?, Home Deposit scheme

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panda-man
post Apr 7 2016, 11:17 AM

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i dont support it. property price gonna go up. household less than 10k? i would prefer the reduce it to households less than 5k.

in the end flippers are gonna get their mum, uncle, cousin, brother, sis, etc involved. buy 4 properties can save RM120k on top of whatever the sales price gonna be. unless got a rule cant sell within 15 years or something.
panda-man
post Apr 7 2016, 11:25 AM

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QUOTE(JianNinety @ Apr 7 2016, 11:18 AM)
There is probably going to be a condition like that. Like low cost houses cannot sell or rent in 5-10 years.
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my gaji RM2.5k last time still buy a RM250k apartment. why RM10k household income need RM30k 'free' gift? if gaji RM10k cant afford a house they need to re-evaluate their spending, probably driving godcar and using ipong. anyways dont support this. i support only if for low income earners <RM4-5k household income.

why my tax dollars need to go to middle to high income households.

i support tongkat to the low income group. not give tongkat to my own damn income group. wat the FK!?
panda-man
post Apr 7 2016, 11:37 AM

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QUOTE(Kilohertz @ Apr 7 2016, 11:29 AM)
The problem now is the property prices got inflated at an unreasonable price by flippers which I think is the fundamental problem.
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yeah. that is the problem which gov needs to look at. to get to the root of the issue. its like throwing a panadol at a cancer patient.

the allocation i think is RM200m for this year. what i would do if i was gov is create a ranking system or something like that to provide to those more in need (perhaps there is?)

something like.

Household income -
<2k (allocated 20% rebate with max home purchase of <RM300k)
<3k (allocated 15% rebate)
<5k (allocated 10% rebate)
<10k (allocated 2-5% rebate)

but i wish they would focus on those income groups truly in need. i would rather they dont have this at all and spend the RM200m to move people out of slums or provide better welfare or something. people are stealing milo for god's sake!


panda-man
post Apr 7 2016, 11:40 AM

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QUOTE(gks @ Apr 7 2016, 11:37 AM)
This is a scheme to buy more votes from middle income group

Like Maju's Sungai besi project. Option scheme to middle group people to own properties
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yeah. but didnt wanna say hahah. chances are low income group wont take advantage of this like the middle income due to probably financial knowledge to leverage and risk on investment and such. but i guess those who are eligible, very lucky. 30k discount is awesome. can reno whole kitchen to signature kitchen laugh.gif
panda-man
post Apr 7 2016, 01:07 PM

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QUOTE(ragzs @ Apr 7 2016, 12:11 PM)
Haha absolutely man! For this almost everyone can qualify.. its crrrrazzzyy
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if they can rebate 10% of my first house. then i will say i support. haahhahaha. consider it as my tax rebate. otherwise govt is just smacking tons of existing home owners in the face. people who just signed contract past few months for first home. really must bangwall.gif kecian... i hope they put in the T&C, 'LHDN will perform audit on all applicants' rclxms.gif rclxms.gif for sure narrow the field. kekeke.
panda-man
post Apr 7 2016, 01:25 PM

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QUOTE(mister_giam @ Apr 7 2016, 01:11 PM)
well that's malaysia isn't? can't complaint too much on this scheme where we see ALL the 7% bumi discount flying around... rclxub.gif  rclxub.gif
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shhhhhh. dont bring that up bro... im tongkating that one hahaha! but not great as can only sell to bumi also at below market price too yawn.gif my area all chinese, so might be really hard later if i wanna sell cry.gif. i kinda regret for that. but better than nothing for poorfag (bye.gif <-me every time loan due). does that mean with new scheme can double tongkat? manyak lucky lah... i jeles cannot do rebate for 6 year old purchased home. im still within the threshold.

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wonder about the fine print. hope some applicants can help put some major restrictions here. i really 100% wish for them to do the tax audit hahahah. mana tau gaji <10k and with panama account... whistling.gif

 

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