Covid19 and MCO effect on properties, Q&A Session on the effects
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 Apr 18 2020, 01:31 PM
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#1
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615 posts Joined: Feb 2018 
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QUOTE(icemanfx @ Apr 16 2020, 02:13 PM) Property price stagnant mean incurring about 4% p.a financial loss. Financial loss from a few years holding could be more than nominal price drop. why 4%?   |
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Apr 18 2020, 01:39 PM
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#2
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615 posts Joined: Feb 2018
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QUOTE(Zwean @ Apr 18 2020, 01:37 PM) Icy is basing it off interest costs. but that's too general statement. what about those who pay in cash. i see it more as an opportunity cost. money not used to buy property may be invested somewhere else, e.g. topglove company which is doing well now  |
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Apr 18 2020, 01:50 PM
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#3
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615 posts Joined: Feb 2018
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QUOTE(icemanfx @ Apr 18 2020, 01:48 PM) If one bought poorperly with cash and poorperly price stagnant still loss > FD interest. if you compare to fd, it's now only 2.65%... lawrencehl liked this post
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