QUOTE(SKY 1809 @ Oct 6 2023, 09:40 AM)
I remember Warren Buffet sapu tonnes of under water properties in US after Year 2008 Sub Prime..whereas others talk about under water properties year in and year out..
Japan properties have been in deep water for 30 years, and prices shoot up to the sky last year/this year.
Paper Moneys ( worldwide ) have been under water ( worth less ? ) due to large scale over printing by many Governments worldwide.
By holding to some kind of physical assets ...might reduce the risks.
Buying sometimes is Chicken n egg issue ..( when to buy/ banking policies ) , under water or over water ( depends on the purposes u are buying i.e for own stay, to invest or speculate )
Do not forget about Inflation also.
Yup! when you have money to save you better be investing. really got no idea why everyday harping buying property eventually you will die broke. pay to the banks double the value bla bla bla. That's what he has been preaching since 2010. but it's already 2023 and i'm still here not yet die pun. The units im not staying in, i lease them and paying more monthly in hoping in 10 years i can pay finish all 3 of my property. Now worst, his calling ppl scammer.
dai lou! when cyberjaya is still cheap you don't want to buy.. wait until the price shoot up only want to buy issit? my god. i study in MMU back in 2004, 2007 graduated, while working move around Klang Valley now back into Cyberjaya. If i have no confidence with this place i also won't buy it la. D'Pulze weekend need to park until the lowest floor, Tamarind Square every weekend flooded with ppl coming over for OOTD. Even the cafe i always go need to queue on weekends.. DUH.
Serious note.. if can icemanfx please don't come. It's getting congested here in cyberjaya. call it underwater or not, just don't come. i really want to live peacefully enjoy the serenity and perhaps retire here as well.