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 80s babies, have they started buying property?

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langstrasse
post Jun 20 2018, 05:28 PM

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Great topic guys, but aren't there official sources for this data (e.g. from NAPIC or Jabatan Statistik or even Bank Negara) ?
Property purchasers by age group seems like a very important statistic.

For comparison, we have data on Malaysian bankruptcies, sorted by age group:
https://www.thestar.com.my/news/nation/2017...bankrupt-befor/

This post has been edited by langstrasse: Jun 20 2018, 05:29 PM
langstrasse
post Jun 22 2018, 03:43 PM

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QUOTE(AskarPerang @ Jun 22 2018, 03:16 PM)
A quick search in lelong for newly completed unit that head straight into auction market.
Can see that majority owner got burnt from newly completed property gang is from the late 80s.

Here few example:
Silk Sky, owner born year 1984:
https://www.ngchanmau.com/pos/4188/pos_en?v=1529650908
» Click to show Spoiler - click again to hide... «

Lakepark Residence, owner born year 1986:
https://www.ngchanmau.com/pos/4095/pos_en?v=1529651050
» Click to show Spoiler - click again to hide... «

BTP 5, Acacia Park, owner born year 1989 & 1991:
https://www.ngchanmau.com/pos/4014/pos_en?v=1529651084
» Click to show Spoiler - click again to hide... «

M Residence 2, owner born year 1986 & 1989:
https://www.ngchanmau.com/pos/3939/pos_en?v=1529650797
» Click to show Spoiler - click again to hide... «

*
Thanks for sharing.

This is a reminder that purchasing a property via a mortgage and owning a property aren't quite the exact same thing, until the liability is fully paid off.
langstrasse
post Jun 22 2018, 11:28 PM

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QUOTE(BEANCOUNTER @ Jun 22 2018, 10:58 PM)
I wonder those kena burnt in properties will come here and show hand.
*
That's a great point, if only those with properties (and didn't get burnt) comment here, then we effectively have a strong survivor bias in the discussion.

Good thing that AskarPerang highlighted in his previous post about the sample profile of auction victims.

 

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