Problem is, he can't afford house. See people buy then sudah jeles and triggered

Actually it is the rating agency like moody...std n poor n firtch r the true syaitan...they now monitor debt rating n watch budget deficit of nations....they r policing nations to prevent us from wanting cheap housing affordability. These rating agencues are now even targetimg australia budget deficit n tripple A status.

I wouldn't give him too much credit
The truth is he is just as stupid as he sounds

There's a flaw though... if you pay your monthly installment after 30 years you will most likely lose rm330k like what you've calculated but in return you have something at least..

For renting.. after 30 years. You wouldn't get anything at all. Let's not talk about the inflation and the rise of the rental after a couple of years. by just having a monthly rental of RM1500, you do realize in 30 years time it will be RM540k right?

i dont know why u got so many stars...

its quite misleading that many stars = higher IQ

theres an issue with folks understanding both, the rental market is mobile and its also one where the cost is lower than purchase. people often mistaken that you are paying the other persons instalment to be equal to paying their own, the other person bought the unit long ago and the instalment is often much lower than what you would pay, if you bought new.

the savings from there, and from the legal fees, general in house maintenance and what not can be placed in better assets, personal business, shares, and what not.

the argument of at the end of the day you have something from purchasing a house is quite inaccurate, while its yours in name, it carries no value, cause you cant do anything to it.

its a common mistake i see people do, they buy house with every last penny they have, then when old suddenly they realise they cant sell the house

Who the efff buy condo for own stay???

All new high-rise project goreng group buy style by the notorious BBB and UUU gang

Whats left is bumi lot and expensive units

Genuine buyer can't even place booking on high rise project

Yah. Main target all corner lot and end lot with land.

rent to be lower, our msian rental market is actually quite bad despite what people likes to say, the rent appreciation has been abysmal and the returns are worse than FD in most cases.

well, when you sell it, where you going to stay?

keep in mind that when your house appreciates, so do others, so say if you have a 1m house that appreciated 100% from 500k, the general market would also be at that price.

No Bro. Really happen lah. 12am hire a small team to camping outside launching developer area. All this people target end lot with land and corner lot to make fast bucks. The only way to avoid pening2 is to get semi-D outside Kl and Selangor huhuhu

No demand for bumi lot = no investment into bumi lot

Economy 101

well, when was the last time you heard anyone keep track of their daily finances and cost?

even if they have 2, you cant put value on the one that you intend to stay in. so while you can sell off one, the last one that you are in, cannot be moved.

well there will always be buyers, but when you sell off the last property you have, you still have to find a place to stay no?

Legit home buyer prefer new developer unit with freebies

Those investor with low holding power might let go their unit to genuine buyer at minimum profit if not loss

Please lah, i never vote & not intend to vote in future...

your own place, how you rent out leh.

my value is alawys in numbers, the whole argument of emotional value doesnt really matter to me

already said the last unit you stay in la....

duno why you keep thinking its about the extra unit at the side.

not buying a house can rent la, doesnt mean you are homeless

read the Topic Title 1st before posting.

thx.

he wasn't even talking about owning multiple properties in the discussion. he said he owns multiple, but he's discussing about those owning only 1 unit for own stay.

learn to read bro, for your own sake, not ours.

my point was always about the one unit,  you quoted me talking about 2, so what you going on about?

like this their children will be buying million ringgit jiao lang (bird cage), some /k here greed till can't think properly, always think malaysia is like HK, c'mon common sense la.