QUOTE(scorptim @ Jul 7 2017, 06:11 PM)
Still bottom will be by 2019, 2020 confirm up balik.
This is based on previous trend even during the bottom during AFC time the property prices started going back up after 2 years.
Mana ada stagnant for many years by 2000 it was already going back up...jliew168 already show you the stats
Yes it's already too late for those flippers who jumped during the bull run. Only those with high holding power can jump during the bull run and then have to hold for about a decade to reap the fruit.
That is the reason I'm telling you to buy before the next bull run which means buying by 2019 at the latest coz 2020 will be the new bull run, then you'd be stuck again like during 2011-2015 coz you missed the bottom.
The reality is that a lot of people not willing to buy at current prices as opposed to not being able to afford to buy. By the time property prices across goes down by 20% (bottom), people will start buying again.
As you said, by 2030 kangkong land will become an aging nation. There may be other investment opportunities but the older people would usually not take the risk and invest in the oldest most stanle form of investment which is property.
Um...in almost every investment, people always aim to buy as close as possible to the bottom. It makes no sense to buy during bull run when you can buy closer to the bottom at 20% cheaper and make extra profit.
Agreed on this, by 2020 will be another bull run. Super bull or not, that one I not sure, but im damn sure it will be another bull run by then.
kv property bull run 2011 to 2014 was fuelled by cheap and easy credit, a fallout of u.s fed qe. hence, the bull run started and ended with qe. in the foreseeable future, another u.s. fed qe is unlikely. in the contrary, u.s fed is to rise interest rate and likely to shrink its balance sheet, effectively a reversal of qe which may lead to credit crunch in emerging markets.This is based on previous trend even during the bottom during AFC time the property prices started going back up after 2 years.
Mana ada stagnant for many years by 2000 it was already going back up...jliew168 already show you the stats
Yes it's already too late for those flippers who jumped during the bull run. Only those with high holding power can jump during the bull run and then have to hold for about a decade to reap the fruit.
That is the reason I'm telling you to buy before the next bull run which means buying by 2019 at the latest coz 2020 will be the new bull run, then you'd be stuck again like during 2011-2015 coz you missed the bottom.
The reality is that a lot of people not willing to buy at current prices as opposed to not being able to afford to buy. By the time property prices across goes down by 20% (bottom), people will start buying again.
As you said, by 2030 kangkong land will become an aging nation. There may be other investment opportunities but the older people would usually not take the risk and invest in the oldest most stanle form of investment which is property.
Um...in almost every investment, people always aim to buy as close as possible to the bottom. It makes no sense to buy during bull run when you can buy closer to the bottom at 20% cheaper and make extra profit.
Agreed on this, by 2020 will be another bull run. Super bull or not, that one I not sure, but im damn sure it will be another bull run by then.
old age pensioners ability to buy property is limited by availability of bank loan. In ageing nation, there will be more old people selling than young people to buy. hence, property price is likely to remain stagnant.
beside gut feeling, there isn't any data to support the property will turn positive by 2020. in contrary, with mounting oversupply and rising interest rate, 2020 is more likely near the bottom of current down trend and remain stagnant thereafter.
This post has been edited by icemanfx: Jul 7 2017, 08:32 PM
Jul 7 2017, 08:08 PM

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