i've written alot i forgot in which thread about the bubble won't burst so soon, earliest burst would be around 2020 onwards, because that is when Malaysia economy will start to go bust, many local business will close down, which means many employees will lose their jobs, which means lost of income, which means difficulty repaying monthly loan installments, which means, many will be forced to sell off their properties, which means more supply, which means a drop in property price, and those that can't sell it off will have their property lelong.

now comes the problem, this is a nationwide problem, because this is not 2007 where economy bust was due to international market, this time Malaysia economy bust is due to Malaysia itself. so everyone will have their wallet tighten up, so even when 2nd hand properties drop in price, you, most likely won't have the money or guts to commit in such a big commitment in such a tough moment. so you will not benefit out from this economy catastrophe.

the only people that will benefit are those super riches that has tons of cash flow, and those politicians & kronnies, and very few lucky ones whom still manage to stay on a floating company, and of course, rich foreigners. they will start to buy up the properties, and when the economy ever recover, they will end up richer than they ever were.

ever notice, after every economy crisis, the rich just gets richer, and disparity between rich & poor becomes even bigger? and this happens almost once every 10 years, so in another 20-30 years, it will be like in the Hollywood Movies, where the riches totally dominate the poor. something like Phillipines where elites stay in nice city while the rest of the 95% population stays in slump, no fresh water & dirty air.

bro, did you even read properly?

i said the time Malaysia property crash would be economy dead.

do you want be to reiterate? 97 & 07 are mainly international market causing the crash, this time, it's Malaysia internal own problem, Malaysia going towards bankruptcy and with the opening of floodgates for China business to come in most local business are taking real heat, we have no way to compete due to the redtapes & high tax Malaysia government is implementing, by 2020, you will see at least 40% local business either shifted to other countries or close down, so you will see many working people losing their jobs, it'd be like US property crash except it's not due to irresponsible lending from banks or conjob by investment companies but Economic failure.

it's real, wake up before it's too late if you still think your industry is safe.

the next economy crash in Malaysia is different from previous decades.

thanks to you know who, which I will be voting next GE.

yea someone else you, and like i said, doesn't matter, someone will have money, but definitely you won't. unless your income is sourced from outside Malaysia, you are affected if you rely on Malaysia market.

even if you have money, bad economy will make you reluctant to take a up big commitment.

sure, the kronnies and super rich will benefit by sweeping up these properties. WHICH I ALREADY WROTE DOWN?

and yes, property will drop, when majority can't afford to pay their loans, there will be a sudden surge in Supplies while Demands shrink. only when the super riches & foreigners start to buy up the properties may the price go back up.

but do you have so many super riches & foreigners. you know how many properties KL alone has? those that already nearly finish or completed their loans might be safe but i can assure you those that just purchased their homes within 20 years aren't.

you make it sound like Oh too many house default & lelong don't worry people with cash like those PRC already waiting in line to purchase.

so naive.