If property crash 30%..bank all banks will be in trouble, country in trouble....think savings safe?

This post has been edited by myhouse: Nov 16 2017, 09:21 AM

It is good that to purchase when the market is weak for new property, you think market will get worst in 5 yrs time or new land will grow over the period? Of course those buy for speculate will bear the cost...as in any business...there always P & L

Nostradamus never predict housing market crash 😂

“This situation could worsen if the current supply-demand conditions persist. Within the country, Johor is poised to have the largest property market imbalances (highest number of unsold residential properties and potentially the largest excess supply of retail space). As such, it is timely for all parties to act now to mitigate any potential risks to macroeconomic and financial stability,” it said.
Read more at http://www.thestar.com.my/business/busines...Iv8xly3z1kir.99

So its ok to buy new launches?

"Hope everyone is clearer that when property prices drop drastically, that is a crisis. During a crisis, property is not even going to be the main thing we think about. It’s more of survival; keeping our jobs, minimising expenses etc. Happy viewing and buying ONLY when you are ready. "

Location, location, location....true in years time still can buy new props..at further location...more travelling time..