QUOTE(SKY 1809 @ Jun 10 2019, 10:45 PM)
U take Year US Sub Prime as reference ? Have any experts here talk about Sub Prime in Malaysia including Toxic assets ? Show Me
1) Do U know once the Govt removes the price control of below 1Million for foreigners , foreigners would come in to sapu our properties ..Why Govt wants to control ? to protect local people
2) High RGPT Tax for what ? ...basically to cool down the market, force prices to drop . To Stop excessive speculation..
3) Banks strict control of lending
4) Malaysia is trapped as Middle Income Nation, but could be out of the trap in 2 years time..
The whole plan is to bring down market prices ..so termed as Toxic Assets ?
So once again U created a Sub Prime in Malaysia ...by your own term , right ?
- What is the likelihood for gomen to reduce minimum price for foreigner to buy to below $1m?
- if income is taxed, why not profit from property investment?
- cheap and easy credit in 2011-2014 was a fallout for u.s fed qe. u.s fed qt will similarly effect local liquidity.
- until there is vast improvement in productivity and drastic change in gomen policy, malaysia will remain in middle income trap. beside, it will take years if not decade to be free from middle income trap.
- property overhang is real and happening. until overhang is reduced substantially, price remain suppressed.
- if those bought multiple properties with loan compression is not subprime, what is?
QUOTE(SKY 1809 @ Jun 10 2019, 10:59 PM)
Btw I buy for home stay only .and property is fully paid.
So u create another term to describe me , right ?
Congratulation if your property is fully paid. however, your behaviour and reaction on cbj property market is unlike one.
This post has been edited by icemanfx: Jun 10 2019, 11:18 PM