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 PROPERTY MARKET TO BE BADLY HIT IN 2018, Tekan the greedy sellers to the max!

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wongsinyee
post Nov 21 2017, 09:53 PM

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How does stopping 1mil and above high rise fix the problem? Should be at least 500k and above if gov is serious in tackling the problem
wongsinyee
post Nov 21 2017, 10:58 PM

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QUOTE(WC32890 @ Nov 21 2017, 10:46 PM)
But I'm not sure government intervention in a free market is a good thing. Sure there are over-supply issues in Malaysia  but let's let the market decide. If there is no demand than the developers will have to sell at a loss or risk bankruptcy. Prices will correct itself thereafter.
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Agreed on this. Prices will correct itself naturally when supply meets demand.

 

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