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TSkswee
post Jul 31 2022, 06:49 PM, updated 4y ago

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This post has been edited by kswee: Jul 31 2022, 06:56 PM
kelvinfixx
post Jul 31 2022, 06:55 PM

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This post has been edited by kelvinfixx: Jul 31 2022, 06:56 PM
wotpian
post Jul 31 2022, 09:59 PM

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USA going to blow up... From properties, inflation, loan, bond to stocks.. Nothing fix on 2008... Luckily got saved by China and just prolong the problems until today.

Now no one dare to fix it coz too many interests and corruption involved in between us politicians and us businesses corporates.

This post has been edited by wotpian: Jul 31 2022, 10:13 PM
icemanfx
post Jul 31 2022, 11:01 PM

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QUOTE(wotpian @ Jul 31 2022, 09:59 PM)
USA going to blow up... From properties, inflation, loan, bond to stocks.. Nothing fix on 2008... Luckily got saved by China and just prolong the problems until today.

Now no one dare to fix it coz too many interests and corruption involved in between us politicians and us businesses corporates.
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https://www.msn.com/en-my/news/national/the...52UH?li=BBr8Mk9

About 1.9 millions or 20% of residentials in this country are unoccupied means these owners are having negative cash flow every months i.e less disposable income. with more new supply, number of unoccupied residentials will likely rise further, could expect consumers spending to be restrictive.

This post has been edited by icemanfx: Jul 31 2022, 11:01 PM
wotpian
post Jul 31 2022, 11:17 PM

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QUOTE(icemanfx @ Jul 31 2022, 11:01 PM)
https://www.msn.com/en-my/news/national/the...52UH?li=BBr8Mk9

About 1.9 millions or 20% of residentials in this country are unoccupied means these owners are having negative cash flow every months i.e less disposable income. with more new supply, number of unoccupied residentials will likely rise further, could expect consumers spending to be restrictive.
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High risk high gain or lose big that's all...
Good news for renters can pick cheap good place to stay instead of buying it.
Cavatzu
post Aug 1 2022, 10:24 AM

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QUOTE(wotpian @ Jul 31 2022, 11:17 PM)
High risk high gain or lose big that's all...
Good news for renters can pick cheap good place to stay instead of buying it.
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Arguably it’s high risk, minimal to moderate gain if any. Are people still thinking that property prices can soar 50% or more?

If it didn’t happen during the pandemic when it was record low interest rates and genuine consumer demand for more space then it’s not going to rise anytime soon.

Yes housing affordability from a rental perspective is fantastic. In demand aspirational areas still remain out of reach generally. But nowadays you can score quality modern accomodation with good amenities for not a lot of money in the rental market provided one isn’t too fussy.

This post has been edited by Cavatzu: Aug 1 2022, 10:26 AM
PAChamp
post Aug 1 2022, 10:27 AM

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QUOTE(icemanfx @ Jul 31 2022, 11:01 PM)
https://www.msn.com/en-my/news/national/the...52UH?li=BBr8Mk9

About 1.9 millions or 20% of residentials in this country are unoccupied means these owners are having negative cash flow every months i.e less disposable income. with more new supply, number of unoccupied residentials will likely rise further, could expect consumers spending to be restrictive.
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Looking forward, i think that there will be more and more of a tenant's market with "affordable" rental being key. Folks will be unable to make their home purchase until much later when they have saved more money resulting in more tenants coming in to the market. Good locations in Klang Valley will still do well save for suppressed rental yields. People from other states will always migrate to Klang Valley for career prospects so the situation outside of klang valley will be more severe.

 

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