QUOTE(AskarPerang @ Aug 6 2018, 12:50 PM)
Got big discussion going on, viral, that investors bought up those cheap props to rent out and end up:
- nobody buying expensive props
- those low income group not able to buy cheap props
I guess government will look how to regulate this soon. Someone posted an idea that:
1st prop - 90% loan
2nd prop - 70% loan
3rd prop - 50% loan
4th prop - cash buy
Guess if this is true, property price will fall further after this.
Dun forget.. government is the biggest shareholders of the property related companied.- nobody buying expensive props
- those low income group not able to buy cheap props
I guess government will look how to regulate this soon. Someone posted an idea that:
1st prop - 90% loan
2nd prop - 70% loan
3rd prop - 50% loan
4th prop - cash buy
Guess if this is true, property price will fall further after this.
Aug 6 2018, 12:53 PM

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