Your 'prediction' is too simplistic lah, I also have some interest in cycles and have read up on property cycles , economic cycles, emotional cycles, 10 year cycles, 20 year real estate cycles, etc etc. Now even a femes 'property guru' is talking cycles, basically saying the bottom is near and it's now time to BBB.
Having read the various experts' cycle arguments and thus becumming a semi-expert in cycles myself, I believe your "2019, 2020 confirm up balik" prediction is wrong, unless it's a slow, slow climb. Once reason being the huge incoming supply of affordable properties.
But I won't waste time going into details. I prefer the UUU crowd to be caught by (unpleasant) surprise
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.
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.
Jul 10 2017, 06:58 PM

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