read 1 article about those born after 80s, how they would opt for better quality life and would not tie themselves to burdensome loans. they would rather rent while building up funds for the ultimate purchase.

if you are the 80s babies, come share thoughts and stories.

have their era comes already? i do not know, i am not born in the 80s. but i would like to learn and hear from them.

wow. great to hear that.how about those not yet started? what is your story?

i am from the 70s. bought 3 my own hard earned money, few more under my name but not bought by myself. 2 wife got 2.

not from rich family. conservative investment.

believe that when the 80s babies enter the market, there will be a property boom in malaysia. when do u think it will come.

this is part of the reason why i started this topic.

This post has been edited by GangHo: Jun 13 2018, 10:46 PM

https://www.iproperty.com.my/guides/is-home...ible-for-gen-y/

https://kopiandproperty.com/2018/01/26/gen-...-should-be-yes/

articles about gen y and property

This post has been edited by GangHo: Jun 13 2018, 11:57 PM

agree, if all stop renting and start to purchase, effect to the market would be huge. another boom for the property.

oops. did not realise the typo mistake. i wanted to say my wife has got 2.

https://www.dosm.gov.my/v1/index.php?r=colu...mdhMjFMMWcyZz09

with m40 and below household income at 53.8%, one household having rm6502 can purchase one 700k property or squeeze 2nos. thats about all.

the actual situation seems to be better.

between B40 AND M40, and having B40 at 16.4%. pluck from the sky, 30% of household cant afford a house and potential future buyers if income increases.

any closer number with good support?

how about type of property?

we used to favor landed property especially the link house. i believe the 80s and 90s are slowly shifting to condo and service apartment.

how about you?

it rekindles me when u quote the earlier comments on Putrajaya. i am kind of support the idea of having Putrajaya as retirement home.

Putrajaya is designed using modern city planning. it has got huge and beatiful lakes, well built roads and bridges, and beautiful landscape and gardens. many people take their wedding photos in Putrajaya. conclusion, it can be a nice place to live. and it feels like suburb to me. strangely, i do not know what sort of place the previous government intends the place to be like. a lay back govermment administrative city?

location wise, it is also strategic to be retirement place as it is distance from the busy kl, surrounded by other cowboy towns like nilai and seremban and closer to melaka.

however, i unserstand that it could be quite jam.

and who knows what lies in the future? it should get better transport linkage and busier and quit becoming an ideal retirement place.

and again the 80s and 90s especially thinks differently.

This post has been edited by GangHo: Jun 14 2018, 11:31 PM

which part of sabah? you can drive around Putrajaya within half a day but defintely not ipoh or sabah.

juz a way to express how big the place is.

i believe of all that shared their experience are from the T20 group having mean household income of rm16088 or M40 group having mean household income of rm6502. dun think we have heard from B40 group.

anything to support?

but guys, i am optimistic about future after government has changed. better salary, better life, better property market.

i feel and see the different in the Property market in malaysia is brewing, hatching and tranforming for the better.

it is my dear wish that detailed study and more useful statistic are available for Malaysian to do their informed investment.

today, when we say that the propeties are oversupply, we do not have detailed enough statistic and information to analyse what is meaning and affect of "oversupply" to one particular location. In my own theory, "oversupply" in certain type of property might not affect the overall property market. it is like an overgrown branches of tree having not enough nutrien, it will just wither off and the tree will only to grow heathier.

the property price in malaysia is relatively low, same thing with our salary. this also mean that there is a very big room for our salary improvement and property price improvement. the country has reported continous growth each year but not our salary and property price. once the people is empowered, once our industry grow healthy and more companies venture oversea competitively, this room of improvement will be gradually filled up.

furthermore, we are still developing, our 2020 vision has been shifted. enroute to this vision and beyond, it should be real positive growth for the nation and our people.

this is an era of BIG DATA, 大数据 where our handphone knows more than we think we know ourselves. The data is real time, actual quantities and after cleaning away the noise, the computer can really analyse and predict how the whole population and individual would react.

we are way far behind in terms of BIG DATA. it is blessing in disguise because it also means giving away our privacy.

and sadly, we are talking about statistic that has no real application to individual, data that are arguable, and useless for the people in large.

interest is deductible when declaring rental income.

link for the source please.

amended, content cleared

This post has been edited by GangHo: Jun 19 2018, 03:22 PM

best to buy now.

even with the limited data that i surveyed, property yields are on the rise. and slowly asking price too. believe that confident is building.

its not that many like to insult you.

they probably know about overleveraging than you and i do. Some just dun like people nagging over the samething all the time when they already aware about it.

you and i belonging to the same group i think, the conservative type. i make my not so conservative move though few years ago by engaging what i consider to be heavy weights in my own capacity. not regret though, i have been lucky i guess or have i been worrying too much instead?

i have been admiring those that are bolder than me. They make calculated moves though, not blind folded pure guessing games. and deserve their rewards. don't think that they simply hamtam.

i read 1 book about business, the author says,Don't do business if you are not ready to lose. there is not one business that can 100% guarantee profit.

some people know that they might in chance need to lelong their property, but they are fine with it because they earn from other properties. they might even receive hefty returns and able to pay for the lelong property but choose not to do so. cause when grapes turn sour, one need to throw it.