I would agree with this and not to mentioned the hassle of moving house.

Subsale from what I see has been pretty stagnant. Ironically, the high turnover rate of subsale, is actually lelong units.

Almost impossible to achieve DSR <=20%, with the house prices keep UUU. If like this, many people can't afford to buy house. That's why bank's DSR is 60%, imagine they put 20%, they can close shop because not many eligible for the loan in the beginning

This post has been edited by FinalHistory: Feb 2 2023, 03:18 PM

How many Malaysian willing to accept this? haha.. ask them to accept what you listed akin to ask them to sign their death certificate

I would agree with this. Let's say <50% is good enough.

I would say 50% on loans, be it mortgages or car loans / CC loans

Meaning to say total loans < 50%

This post has been edited by FinalHistory: Feb 3 2023, 08:43 PM

On paper it looks good, but realistically, in our current world, our finance system and economy is been driven based on capitalism. Putting low DSR discourage spending which in returns slows down the money flowing in the system and slow down the growth of the economy.

Yes, is good for individual, but bad for banks, the government, the corporations. There's reason why BN or government didn't impose such thing.

And during his times, our economy improved a lot isn't it? The numbers on the paper looks good during his times. We even achieved a 1 USD = 2.8 MYR

The thing here is, we are all under this system, and it is very hard to find a right balance so that every single entities within this system benefited. Most of the time, some entities will have greater benefits compared to the rest. This is how the world works anyway

This post has been edited by FinalHistory: Feb 4 2023, 06:11 PM

It's just a decade ago and is during Najib's era.




From wikipedia

This post has been edited by FinalHistory: Feb 4 2023, 09:25 PM