Well this is a question of personal finance secure and choice But if you have this kind of thoughts it mean you are thinking ahead which is a good thing but if you focus too much on the negative side only then you will not see the positivity in front.

1. There is not absolute job security these days, more jobs are getting replaced. Just look at a few example, macdonald no longer need a lot of cashier because order by flat screen, factory no longer need a lot workers as it can be computerize... etc... so yes your concern is true about job

2. Buying a house is a liability until you finish pays off and if you invest in the correct one. It will give you a proper return.

3. If your job has the probability of relocate you also, they will still provide you with a place to stay. Plus the house that you bought will still be there or you can sell it afterwards?

4. If you plan to have a family, dont forget your wife and you is working together so you are not alone in the house loan

5. It depends on your life planning, if you dont like to being tied down to a property and feeling adventurous then you can consider about rent a property where you can move from place to place for a different experience. But if you plan to have a family, perhaps have a own house would be a better idea

However, your problem actually can be solve easy which is "MONEY". The reason why is easy because there is a lot of ways you can earn some bucks and these days is filled with a lot of opportunities that you can venture into and some is without capital plus you don't need to sacrifice your job to do that. You will be surprised about the opportunities you can venture into. And if you are able to earn good, stable income, all these is not a drama.

If you want to know about some side income suggestion, why not fill in my survey or pm me your contact details so we can have a talk

ts how are you now？

Can do like me, buy few properties.

then load up on EPF....20 over years of work after graduate, now I am shopping for new bigger house to stay in.

no need to take any loan.

Congrats. Where is this?

Eco Ardence

Job security scare buy property? So far
all my 3 properties appreciate 30-50% including my current bought 1.67m now valued around 2.4-2.5m. Touch wood if lose my job, at least with a property if I sell gain back 700-800k 😉

Nice. I did have a look at it but location just an issue for me. Great township though.

Want to buy house, get it when you are still young with many years of earning powers, eg late 20s to early 30s. It will force you to have financial discipline, die die have to settle your house payment before other “enjoyment” comes. That way you have some form of financial security and peace of mind as you hit your 50s with the house payments cleared.
Don’t be like my cousin; eat good food, travel, spa, buying lots of bags and shoes and only started buying her house when turned 40. Now 50 so stressed cos house have to pay until 65 but retirement is looming soon and have no extra spare cash for rainy days. During covid, was retrench and had to borrow money to pay for her house. This is due to lack of financial literacy and discipline. Regret now also useless.

Maybe she overestimate her income and bought a house that is beyond her mean?

Nah! Bank also see your payslips before giving you the loans. The condo is definitely within her means if she has spare money to cover rainy days. Until today salary is just enough for monthly commitments but always run short due to extravagant spending eg holidays. My guess would be due to the standards set before owning a house so still continue the habit of spending like no tomorrow

This post has been edited by nauticat99: Feb 17 2025, 02:04 AM

i think buy it with cash/epf without loan will be peace of mind.....got different housing price from 50k - infinite

depends on life goals and lifestyle....if you going be single for life, just get a studio or condo.

if want have family in future then get the house.

Property is not so liquid-able and long term, I predict chaos in the next 5-10 years.

AI is coming rapid, alot of people will lose thier jobs across the globe....so I waiting to buy houses on discount in the coming years.

Property price nowadays is crazy.

Just buy for stay purpose. Long gone investment through property

There are wide range of housing price. Plan well and you will not have fear of buying house.

Yeah its been great so far, management is doing good job, neighbors are all nice and professionals mainly and value appreciated quite a lot

can buy, but to ur affordability!!
if harga umah tak mampu, cari condo or apartment dulu (freehold title). no matter what, sebelum beli, must have backup saving for emergencies, and always pay more 4 down payment with shorter term loan... aka 15 to 18yrs. if take 30yrs, can forget about it, unless lu keja in gomen.


This post has been edited by burn22: Feb 17 2025, 09:36 AM

Owning a home different from renting...

Renting, you don't really feel you have a "home".. you are not willing to renovate or buy anything in rented home/room because it will "benefit" the owners.

You are also at risk to be booted out when landlord wants to increase rent or stay themselves...

No. A wiser way is pay the lowest deposit and take the longest loan, then park the additional money in the flexi/semi loan to offset the interest while able to access it.

People who are not investment minded will always think like him, everything want to pay off fast because afraid of debt, will argue better take car loan for 3 years, house loan 10-15 years. Leaving no bullets left in the bank investment opportunities.

If car and house loan can take 100 years period by stretching razor thin for the monthly payment, I will take it

I rather have a house (more is a bonus) instead of renting. if anything happens to me, I would rather let my family and kids have a free house to stay in. Else we keep hearing story family had to transfer around after a sole breadwinner passed away, as landlord not receive rental