Compare GDP for what? In the end contribute taxes to gov, what does the gov do with our money?

China GDP around same level as us but infrastructure wise China is no. 3 in the world according to a US study. US no. 13.
https://forum.lowyat.net/index.php?showtopic=5126576&hl=

This post has been edited by s3iryu: Apr 7 2021, 02:53 PM

仁者见仁 淫者见淫

Diu, why not you take center KL (1st tier city) house price and compare with Median income of Malaysian?

Take, for example, the case of a young, single-income household of a married couple without children in Kuala Lumpur. With the median household income of RM10,549 and no other tax deductions, the estimated monthly household income after income payable is RM9,548.

300~400K houses? You can't dream of that in KL city. Only outskirt.

China 2rd / 3rd tier cities 5th ring or beyond also very cheap.

Then KL city how much? RM1 million?

That would be 10 times median income for Kuala Lumpur

Compared to

"The house price to income ratio in China is above 50 in the first-tier cities and 30 to 40 in the third- and fourth-tier cities"

Bro, 1 000 000 / 10 000 = how many times?

there is nothing much to argue here, because for housing issue, malaysia definitely can afford to own house easier compared to china.

There is no question that average malaysia can purchase a house much easier compared to china.

The main reason is that malaysia, even in KL , we have the lowest housing prices in south east asia.

Our housing prices are lower than thailand, vietnam, but our gdp per capita is 3 times higher than vietnam gdp per capita.

Most /k have high iq n eq

1,000,000 / 100,000 (Annual Income) = 10 times

House Price to Income Ratio = House price / Annual Income

This post has been edited by titanmelvin: Apr 7 2021, 06:28 PM

But china is our bigggggggg brother owai

8 million out of 1.4b, that's only .6%, irrelevant!

one year 8 millions

Diu, when did malaysian average annual income reaches 100k?

Average household income in KL. Seriously, your comprehension is quite poor.

Before you ask stupid questions again

"High real estate expenses have two aspects - housing prices and rents are both too high. A reasonable home price should be three to six times the median household income. That means a family with an average income can buy a house with three to six years' annual income. The house price to income ratio in China is above 50 in the first-tier cities and 30 to 40 in the third- and fourth-tier cities."

You can talk whatever you want. But PPP per capital is not gonna affected by house price.

It is calculated by commodities which can be compared across countries..... like Big Mac, Petrol, Rice etc.

Malaysia has a lot of these commodities subsidized or controlled, so that our PPP per capital looks good.

i done researching myself online, for Kuala lumpur , the house price to income ratio per person in kuala lumpur is 25. and the the house price to income ratio per person in china first tier city is 60-70. and 35-45 for 2nd third tier city. both is checked based on per person income.

china city housing prices is definitely higher compared to malaysia. one of the main reason is that malaysian properties prices are the lowest in south east asia, even when compared to thailand , vietnam, where malaysia gdp per capita is 3 times of vietnam.

but anyhow China first tier city, the housing is definitely not affordable compared to kuala lumpur, and is also one of the highest in the world.

Assmin = We are just picky on money and selective on gdp per capita.

/k is really bad at maths

Nice research and thanks for the info. We should be grateful and appreciate Malaysia a little more