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> How about lowering property prices?, Flipper to perish

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NasiLemakMan
post Sep 20 2016, 09:15 AM

oh hai! wan naslemak?
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"“There is a mismatch between house prices and what people can afford,” "

Nobel Prize winner right here. We have a genius, what brain drain?
Showtime747
post Sep 20 2016, 09:15 AM

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QUOTE(AllnGap @ Sep 20 2016, 09:00 AM)
u fucker how can u switch team liddat  vmad.gif  vmad.gif
jolokia gonna fuck u good from behind
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I am a investor. I will invest when there is money to be made. I will not invest when there is no money for me

From what I can see, most DDD are too emotional. Whereas most UUU are rational.

Jolokia and me agree to disagree. Why must be butthurt if our opinion is different ?

The only reason I can think of why many DDD butthurt is because they are pressured by the people around them to buy house (parents, gf, peers, school mates etc). And when they cannot afford it while realising people around them are buying houses, they rage and blame everybody. Except themselves
Showtime747
post Sep 20 2016, 09:17 AM

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QUOTE(AllnGap @ Sep 20 2016, 09:04 AM)
it's not only flippers, it's also government will get hit.

government must tahan the price to make GDP look great, growth number look great.
dont forget that EPF have land banks, EPF owns SP Setia, Sime Darby and others.
government are also in the same gang
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Construction account for only ~10% of GDP only
lol~
post Sep 20 2016, 09:20 AM

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QUOTE(notoriousfiq @ Sep 20 2016, 08:39 AM)
It's never asked, because such a question will only be met with laughter by developers. Developers have the backings of government and the many property investors. Like hell this is even a question.

They give you the image like they ahve a "tight margin".  Riiiiiiiight.

And they still stand on their statement that RM500k is "affordable". Okaaaaay.

You know what, maybe developers should be allowed to give loans. Give give give. Let's crash and burn together.
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this!!

no matter how hard we try to make this an issue, gov always back up them. unless it is in deep shit. that is why i always question, is the rakyat always "diutamakan"?
SUSAllnGap
post Sep 20 2016, 09:23 AM

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QUOTE(Showtime747 @ Sep 20 2016, 09:17 AM)
Construction account for only ~10% of GDP only
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nope.
construction is construction.

Services sector
Education and training services
Healthcare travel (health tourism)
High value tourism activities such as eco-tourism
Green Technology including renewable energy and energy conservation/efficiency
Financial services (integrated Islamic finance)
Creative industries
ICT such as telecommunication and mobile services
Waste management (e.g. recycling)
R&D and design activities
Regional operations such as Principal Hub (PH), Representative Office (RE), Regional Office (RO) and Treasury Management Centre (TMC).


whatever property transaction goes into Financial services (loan). so 10% is not accurate
azbro
post Sep 20 2016, 09:25 AM

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Next year come down...and the following years...no need to buy yet
Showtime747
post Sep 20 2016, 09:26 AM

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QUOTE(lol~ @ Sep 20 2016, 09:20 AM)
this!!

no matter how hard we try to make this an issue, gov always back up them. unless it is in deep shit. that is why i always question, is the rakyat always "diutamakan"?
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There are supercar (properties >RM1m)

There are luxury car (properties 500k-1m)

There are also japanese car (properties 300k-500k + government scheme)

And there are protons (properties 100k-300k + government scheme)

Why people never complain they cannot afford cars, but always complain they cannot afford house ?

Because they never realise they actually want a BMW to sell at proton price...
ycs
post Sep 20 2016, 09:26 AM

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1) developer give loans doh.gif
2) lower house price doh.gif

how about if cannot afford to buy, rent la, why must buy

plenty coming up for rental soon brows.gif


Showtime747
post Sep 20 2016, 09:27 AM

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QUOTE(AllnGap @ Sep 20 2016, 09:23 AM)
nope.
construction is construction.

Services sector
Education and training services
Healthcare travel (health tourism)
High value tourism activities such as eco-tourism
Green Technology including renewable energy and energy conservation/efficiency
Financial services (integrated Islamic finance)
Creative industries
ICT such as telecommunication and mobile services
Waste management (e.g. recycling)
R&D and design activities
Regional operations such as Principal Hub (PH), Representative Office (RE), Regional Office (RO) and Treasury Management Centre (TMC).
whatever property transaction goes into Financial services (loan). so 10% is not accurate
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icemanfx, somebody say your number is wrong...
Showtime747
post Sep 20 2016, 09:28 AM

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QUOTE(ycs @ Sep 20 2016, 09:26 AM)
1) developer give loans doh.gif
2) lower house price doh.gif

how about if cannot afford to buy, rent la, why must buy

plenty coming up for rental soon brows.gif
*
tabuli....their friends, cousin, school mates all buying di...

Rent no facey...
lol~
post Sep 20 2016, 09:34 AM

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QUOTE(Showtime747 @ Sep 20 2016, 09:26 AM)
There are supercar (properties >RM1m)

There are luxury car (properties 500k-1m)

There are also japanese car (properties 300k-500k + government scheme)

And there are protons (properties 100k-300k + government scheme)

Why people never complain they cannot afford cars, but always complain they cannot afford house ?

Because they never realise they actually want a BMW to sell at proton price...
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the thing is, so called the bold part demand>supply. and developer keep on launching japanese and above. and car is not the same with properties where this asshole keep on flipping the price (i not saying to one with gov scheme). and gov scheme keep on delaying for example Pr1ma. they got their own agenda. so it is still not rakyat "diutamakan".

oh and one more thing, car in each segment have their minimum price and maximum price for the spec while house with shit spec can go up to 300k. im talking about the one near KV. and outskirt of KL also follow those price tag (or near the same price) with the reason which didnt even exist yet

This post has been edited by lol~: Sep 20 2016, 09:37 AM
WannaGetBuffed
post Sep 20 2016, 09:34 AM

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price come down confirm won't buy also, talk cock only

shouting DDD forever then reach the target price, I should aim for better property

want to buy semi-d for 500k in KL ah. wait la, 500k ppl queuing up to buy if got 500k semi-d in kl




TSkurtkob78
post Sep 20 2016, 09:38 AM

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QUOTE(Showtime747 @ Sep 20 2016, 09:10 AM)
Nobody knows what is going to happen. Many people has been expecting bubble burst since 2011. Still nothing happens
Most people cannot afford ferrari, bmw, merc also. Why must make it worst to give support to those car company ?

The answer is simple. If the car company still making profit, they don't need to reduce price. When they are dying, of course they will reduce price

Simple economics...
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ferrari, bmw, merc is not a necessity. u started to lose your logic. keep cool man
notoriousfiq
post Sep 20 2016, 09:40 AM

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But how good is this current "slowing" market now?

They have done fuck up the market, it irreversible. It continue to be worse, it's just being worse slower.

I dont know why some of you are happy saying "padan muka flippers". Like, are you gaining anything? No. You're still losing, but just slower.
lol~
post Sep 20 2016, 09:40 AM

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QUOTE(kurtkob78 @ Sep 20 2016, 09:38 AM)
ferrari, bmw, merc is not a necessity. u started to lose your logic. keep cool man
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they said we lose our logic. they dont even realize they lose theirs too. but they will never ever admit it. they just wanna believe what they believe. seen too many of them already. i dont blame them, who wanna feel insecure when things go sideways for them. even i dont

QUOTE(notoriousfiq @ Sep 20 2016, 09:40 AM)
But how good is this current "slowing" market now?

They have done fuck up the market, it irreversible. It continue to be worse, it's just being worse slower.

I dont know why some of you are happy saying "padan muka flippers". Like, are you gaining anything? No. You're still losing, but just slower.
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this is true. almost all parties will lose. it will gonna be bad for most ppl. but that just what happen when some ppl are greedy. in the end, the rakyat have to pay for it. gov can easily fuk us up side down with up gst to 15%, increase oil price even tho the global price is cheap, increase the interest rate and the list go on and on

This post has been edited by lol~: Sep 20 2016, 09:42 AM
icemanfx
post Sep 20 2016, 09:48 AM

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Long-term economic equilibrium always prevail.

Kv property price rise between 2011 and 2014 was a fallout of u.s qe. As income didn't increase inline or exceed house price, current house price is unsustainable. Property is illiquid, price will takes years to bottom. Those who bought during the bullrun likely to be underwater.

Housing loan constituted about 30% bank loan portfolio. A slow down of loan growth in housing loan sector is beneficial to sme, corporate, consumers, etc sector.

showtome747 is a kiasu double head snake, change colour faster than a chameleon.

unknown_2
post Sep 20 2016, 09:49 AM

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increase income better than reduce price la.

eg, i rather earn 10k, buy 500k house, than to earn 5k buy 200k house.
Showtime747
post Sep 20 2016, 09:54 AM

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QUOTE(lol~ @ Sep 20 2016, 09:34 AM)
the thing is, so called the bold part demand>supply. and developer keep on launching japanese and above. and car is not the same with properties where this asshole keep on flipping the price (i not saying to one with gov scheme). and gov scheme keep on delaying for example Pr1ma. they got their own agenda. so it is still not rakyat "diutamakan".

oh and one more thing, car in each segment have their minimum price and maximum price for the spec while house with shit spec can go up to 300k. im talking about the one near KV. and outskirt of KL also follow those price tag (or near the same price) with the reason which didnt even exist yet
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But many people don't mind driving "shit spec" Proton.

If you go and search for property RM100k-RM300k properties in Iproperty, propertyguru etc, there are heaps of supply in that price range

Be truthful to yourself. You want a BMW. Proton is just too shitty and no facey... biggrin.gif

beeMay
post Sep 20 2016, 09:54 AM

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Nobody cares if you are poor and living in a sandbox, so they can only build a sandcastle out of it while watching the riches weigh their golds

notoriousfiq
post Sep 20 2016, 09:55 AM

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QUOTE(unknown_2 @ Sep 20 2016, 09:49 AM)
increase income better than reduce price la.

eg, i rather earn 10k, buy 500k house, than to earn 5k buy 200k house.
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They're bringing tens of thousands of immigrants now.. who are willing to work for RM500 salary. How can salary increase? "Free market" lah katakan..

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