i gather from this tread that there is those from late 80s and beginning of 90s bought their 1st house.

i believe this is the age most people buy their 1st house, at the age of 26 to 29 yo.

if we consider only those bought by our own, that means as we come out to work at the age of 19yo form5 school leavers, 21yo those graduated from college and 24yo, those graduated from local u. as they start to enter society, they start to save for the purchase. and for most people, they start to buy 1st house at the edge of 26 to 29yo, correct or not?

how about you? what age you bought your first.

This post has been edited by GangHo: Jun 19 2018, 11:06 PM

aiyo.... its 29yo and older.

but 90s are welcome to the house.

now this an interesting question.

we say that the property market is depending on demand and supply. but demand is depending on what? i believe demand is depending on many factors but population is but one of them, not even sure if it is the biggest factor.

one of big factor that affect demand is salary. today, if we earn as much as singporean or hongkee, we would be buying maybe 3 times as much. this is much much faster than population. how long it takes for our population to be double or triple?

if we compared again, country like singapore, hong kong and Taiwan. they have small population but how many unit of houses do they have in their country? Perhaps we look into average house over population comparison.

as salary grows, the whole population of malaysia would buy more even they don't need to stay in it. as they have more disposable income, they buy more to fight against inflation.

juz imagine if suddenly malaysian salary increase 3 folds, minus their basic needs they would have the capacity to buy maybe 3 or more properties that they currently can afford, so demand would 3 times more and supply 3 times more.

if we have big population and all the people very poor, there is real demand but they can't afford so supply would be small. so if people is rich and they have confident in the country, they buy more properties and compound by foreign interest, the demand grow even larger.

This post has been edited by GangHo: Jun 20 2018, 12:11 AM

ohya... another factor affecting demand is island and scarce of land. and these are not related to population, simply due to the fear that if they dun buy, they would have no chance.

and west malaysia is a peninsula with mountain range following the shape of land. so the factor should be mutiply by 0.4? juz kidding.

This post has been edited by GangHo: Jun 20 2018, 07:56 AM

disorder induced through perception on the generally gloomy environment received via social media. not his own experience going thru the difficulties.

those start early end up buying more. when u start to buy the first, you will be more discipline in your spending. at first, house cannot be rented, then it is rented you find you are in better position already, then come your bonus and increment. and you realise you can look for second house already.

aiyo..... i dun think that malaysia property is expensive relatively.

i quote example to demostrate that property market is not about population alone. is all about facts la.

if one is really rich, the whole world property market is his market.

important is the people of country is happy. owning properties, investing in properties, other than basic needs, is different matters liao.

This post has been edited by GangHo: Jun 20 2018, 01:58 PM