Apr 28 2023, 04:56 PM
QUOTE(A.B.D. @ Apr 28 2023, 04:39 PM)
You’re right about some things here. In a free market surely there’s marketing tactics including fear mongering, speculation and other hidden behind the scenes things.
Now property and other things are priced with the assumption of double incomes compared to generations ago. This is the world now so it’s the reality for a buyer now.
I disagree with don’t buy young because, one, it does help to reduce wastages on unnecessary tobacco, alcohol, coffee, cakes and vices and secondly, one can own their home earlier too.
The right thing to do is to buy the right sized and priced property. And life is not fair, of course those with rich parents who help pay deposit or gift the home can affect others who have more ego than they have cash.
And by this stage all are adults, so it’s not other people’s fault (like developers, bankers, the so called 1%) if we didn’t do our homework and make poor decisions.
https://open.dosm.gov.my/kawasankuNow property and other things are priced with the assumption of double incomes compared to generations ago. This is the world now so it’s the reality for a buyer now.
I disagree with don’t buy young because, one, it does help to reduce wastages on unnecessary tobacco, alcohol, coffee, cakes and vices and secondly, one can own their home earlier too.
The right thing to do is to buy the right sized and priced property. And life is not fair, of course those with rich parents who help pay deposit or gift the home can affect others who have more ego than they have cash.
And by this stage all are adults, so it’s not other people’s fault (like developers, bankers, the so called 1%) if we didn’t do our homework and make poor decisions.
If according to chart by logic, the house price will stagnant soon despite the inflation rate, the house price will only increase with the inflation rate but not with high demand from the population of malaysia.
My next prediction for the boom in housing price is after 15 to 20 years later which is there are large amount of youngster grow up and step into workplace and will looking for new house. (But need to consider for brain drain effect too).
My own opinion is if u wan buy for own stay, go for it, if u are looking for investment, please please stay away from property market, the yield is no longer attractive already unless you are from wealthy family.
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