Net worth of politicians who declared assets
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 Nov 23 2017, 10:40 AM
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#1
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QUOTE(terradrive @ Nov 23 2017, 10:08 AM) How they calculate networth? House and land value not included meh? If your house is worth 1 mil, but you still owe bank 700k, then net is 300k.I mean even i have more than half of those in the list..  |
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Nov 23 2017, 12:28 PM
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#2
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3,816 posts Joined: Feb 2012
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QUOTE(b3ta @ Nov 23 2017, 10:48 AM) then that means i am negative networth if factor in interest Not so bad lah...i think most malaysians also will have negative networth Let's say your monthly installment is 1k, and inflation rate 4%: 1k 1 year from now is worth 961 in today's money; 1k 1 year from now is worth 676 only. And, if you bought your house 5 years ago at 1 mil, it could be worth 1.3 mil now. But if your property is located at Tanjung Bungah hillside, it could be worth 500k now  This post has been edited by river.sand: Nov 23 2017, 12:29 PM |
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