QUOTE(BEANCOUNTER @ Aug 6 2017, 04:53 PM)
Everybody can afford a house in klang valley. Its just a matter of what one expectations are or live in la la land or how much you are willing to scarify for your future.
If u are unable to ubah gaya hidup, refuse to finf alternative public transportation but insist of wanting to own car before property, not wanting to give up branded coffee, high street life and etc.....like that sure cham one....
And one last thing, not wanting to enrich your knowledge.
Also i think currenr generation of parents have been pamparing their children too much.
Well... no hard rules that owning is always better than renting in terms of financial
If I only can pay 1k per month for property even i have live a frugal life, which should I choose? paying 1k installment and live 30km away from city or pay 1k rent and live in the city, cutting down on travel time and having most amenities nearby.. probably taking MRT and grab car is enough to get around..
Traveling also cost a lot these days if staying too far away.. toll, petrol, maintenance.. most likely need to own a car as public transport doesn't connect to most of the place and taking grabcar cost more if need to travel far everyday..
A friend of mine who owns a company, rented a 1.8mil semi-D in bandar kinrara that only cost him 2k per month.. he work in property line himself.. that really trigger me is there a paradigm shift on how we look at renting and owning when rental yield is only at 3% these days..
As robert kiyosaki puts it, buy asset, not liability... house that you stay in is liability according to him
This post has been edited by twincharger07: Aug 6 2017, 06:08 PM