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Covid19 and MCO effect on properties, Q&A Session on the effects
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VincentCS
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Apr 18 2020, 03:11 PM
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Getting Started

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QUOTE(icemanfx @ Apr 18 2020, 01:52 PM) Be realistic, with so many opportunities available, how many invest poorperly with cash?You mean 100%? Why do they have to? It's a tangible asset that's relatively low volatility. Better than most "safe havens" during times like this. Those who are cash rich will leverage higher grads more and ordinary people like me would seize the opportunity to get samsui unit for own stay. The real investment IMO is in our credit profile
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VincentCS
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Apr 18 2020, 04:11 PM
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Getting Started

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QUOTE(icemanfx @ Apr 18 2020, 03:47 PM) Poorperly price is slow to move is not because it is a safe haven but illiquid. Leverage amplify profits as well as losses. In time of economic crisis, those highly leveraged and stressed suffer the most. You sound like student of poorperly guru; leverage, leverage and leverage. You contradict your own point on another thread. I'm not sure how I came across as property guru advocate lol, when the truth is I'm so far from that. The key to the leverage part are: before, During or after recession. One is in deep trouble when highly leverage BEFORE crisis. But same can't be said to those leverage during or after recession.
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VincentCS
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Apr 18 2020, 04:50 PM
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Getting Started

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QUOTE(icemanfx @ Apr 18 2020, 04:36 PM) This would be different ball game. If past economic recession is any precedent, few of those who are highly leveraged before the recession could play. If anything, this will become depression rather than recession. In 6 months all will be clearer.
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VincentCS
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Apr 19 2020, 02:32 AM
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Getting Started

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QUOTE(icemanfx @ Apr 18 2020, 06:10 PM) Economic recession is a certainty, depression is likely if MCO is extended and more outbreak and lockdown later. Recession is consecutive 2 QR of GDP decline. We're now in recession. Depression is when we don't take the lockdown seriously and end up being extended
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