i dont think so le, nowadays most modern condos are already like at least 700k if mau those 1k sf kind + decent location

studio still workable but you need at least 400-500k even unless rumahwip kind

for an avg joe assuming earn 4-5k its too damn tight ed unless sacri lifestyle

if u limit = property will crash , meaning existing will not sell

new property will not launch cause they know price is cheap. no ppl want build
and demand is low. cause now got limit. meaning rich dont buy , poor cant buy also

so how??

yes correct, however those are now beginning to become studio units <500sf kind

so its a good makeshift home for 2 but one will def need more space when starting up family. the inescapable cycle

Finally realised the impossible huh?

This Dr makes it sound like it is so easy for most millennial to buy overpriced house nowadays

Life is not only about getting a house, paying half or most of your monthly net income for over 35 years, and just die

Unless it is your dream house to settle down and you are really ready to commit, don't buy and just rent.

Don't listen to these boomer "experts" and get pressured into buying a property. They will never see things from millennials' POV because they are already established.

by that time... u dah mampos so cannot feel anything dah...
your kids... gets free money... getting free 2mil or free 1.9mil... still free what... better teach them be thanful and syukur dah la.

i dont think so le, nowadays most modern condos are already like at least 700k if mau those 1k sf kind + decent location

studio still workable but you need at least 400-500k even unless rumahwip kind

for an avg joe assuming earn 4-5k its too damn tight ed unless sacri lifestyle

He said while it is not wrong for the younger generation to own a car or apply for personal loan, they should give priority to home ownership as it is an asset compared to a vehicle which is a liability as it depreciates in value each year.

“A house is an asset with its value appreciating every year. While it is not wrong to rent, but on hindsight, through monthly rentals, it seems that we are ‘helping’ the owner to settle his housing loan repayment,” he argued.

No leh, i see most rumahwip/ samm are 700-800 sqft, definately not <500.

<500 are mostly private (free market) studio units. These are purpose build studio living and not the affordable series.

As i said in my edited post, priority and expectation must be right, to begin with.

That's why now a lot of developers are making cheap condo/apartments

My side here in PJ, suddenly got so many new condos.

Government : Too many houses that are overpriced?? No problem! We'll just approve permit for more affordable condos!

In the end, those landed houses will remain stagnant or drop in value because all the millenials will go for high rise instead

So conclusion is...
Lucky Malaysian millennials yg ada dedikasi... syukur je and thanks boomer daddi.
Poor Malaysian millennials just give up on home ownership la...
dun blame boomer gen for causing property price increase... boomer also just thinking wanna pass to their millenial kids je.

You limit how many properties a person can have, will automatically fix the problem.

Baby boomers owning too much properties.

These prices are in line with overall inflation. Like saying McDonald's menu twenty years ago how much now price how much. How can expect McDonald's menu price increase but house price cannot?

i think youre missing the point

its more on how even they with decades of work also can barely afford a house

house price goes up faster than salary can be

but the inheriance MONEY already kena tax from income tax what

said ur salary AFTER income tax is 800.
so if u pass the 800 to your son..

the rm800 kena tax pulokkkk

got it?

You might as well say the company which paid your salary has also paid the corp tax before paying your salary.

Take the viewpoint of the recipient and youd see that its basically taxed once at each level of recipient.