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 Malaysian millennials give up on home ownership

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smallbug
post Jan 19 2024, 08:31 PM

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QUOTE(iammasivers @ Jan 19 2024, 06:24 PM)
As a millenial, I regret buying a house. So many headaches. The taxes, maintenance, repair. My emergency fund also need to increase to take into account my house upkeep. Previously i have 3 months emergency fund saved up. Now only 1 month after buying house to take into account house expenses
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you bought landed or hi-rise?
cHaRsIeWpAu^^
post Jan 19 2024, 08:33 PM

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QUOTE(smsid @ Jan 19 2024, 10:07 AM)
You limit how many properties a person can have, will automatically fix the problem.

Baby boomers owning too much properties.
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macam they not using their own money to buy.
SUSOlgakureylenko
post Jan 19 2024, 08:43 PM

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500k to 600k house but quality mcm apa


Give me 200k i can build house better with raw materials
AfraidIGotBan
post Jan 19 2024, 08:48 PM

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QUOTE(smsid @ Jan 19 2024, 02:07 AM)
You limit how many properties a person can have, will automatically fix the problem.

Baby boomers owning too much properties.
*
Mana boleh hantam the boomers for having too much properties? Not like the prop I'm buying is super duper cheap also, makahai...

(Well, I got 31 studios here in London alone, midyear likely increases to 35 or 36, depend on economy. Not yet counting the rest of the buildings, shoplots that can do house rental and shop rentals)
AfraidIGotBan
post Jan 19 2024, 08:50 PM

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QUOTE(cHaRsIeWpAu^^ @ Jan 19 2024, 12:33 PM)
macam they not using their own money to buy.
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Some people's hate is very berry the strong. People got over 2 or 3 props like not using their money buy, is using all the fund from the bifotis to buy punya. Installment also from bifotis come punya, so hatred very kaolat in this stage. Should belong to the bifoti that stay there and pay the property for how many years lel.


AfraidIGotBan
post Jan 19 2024, 08:54 PM

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QUOTE(bigwolf @ Jan 19 2024, 09:54 AM)
The fact that we have surplus unsold properties showed that hoarding is not the issue with our property market. It's the price itself
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And the location too.

Far from station la, far from Michelin star restaurant la, far from here there updown left right la, then want Perlis gomen shit houses price on selangor Pavilion beside punya props. That's how people want it to be.

Semachiam the perangai pergi airport, minum air kosong, complain Kampung free, airport 10 bucks.
AfraidIGotBan
post Jan 19 2024, 08:56 PM

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QUOTE(Olgakureylenko @ Jan 19 2024, 12:43 PM)
500k to 600k house but quality mcm apa
Give me 200k i can build house better with raw materials
*
You sendiri build ah?

Until what day what year, and what quality control + what term?

I nampak bebanyak people, always complain house quality like shit whatever etc, then opted sendiri build, end of day, habis... Another Saupei project from handmade.co

Even my CCP in laws nowadays got land in kampung also dun dare to opt for cheap neighborhood construction team. Die die need to opt for the more professional punya to ensure gempa bumi skala mampus ritcher wont roboh the house.
Wedchar2912
post Jan 19 2024, 08:58 PM

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why worry... they can just wait for their parents to pass over one or two of the many properties the parents own... haha
Saya anak Malaysia
post Jan 19 2024, 08:58 PM

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Salah siapa?
SUSxiaojohn
post Jan 19 2024, 09:10 PM

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QUOTE(jojolicia @ Jan 19 2024, 08:28 PM)
Why should ppl and the world revolve around your inadequacy.

Can't you forgo the mindset of taking from others and work for yourself?

Isn't the current national affordable housing policy good enough?
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Some people will just hate rich and hate government….
SUSxiaojohn
post Jan 19 2024, 09:12 PM

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QUOTE(AfraidIGotBan @ Jan 19 2024, 08:56 PM)
You sendiri build ah?

Until what day what year, and what quality control + what term?

I nampak bebanyak people, always complain house quality like shit whatever etc, then opted sendiri build, end of day, habis... Another Saupei project from handmade.co

Even my CCP in laws nowadays got land in kampung also dun dare to opt for cheap neighborhood construction team. Die die need to opt for the more professional punya to ensure gempa bumi skala mampus ritcher wont roboh the house.
*
Haha…yaya…200k to build is really tokok…maybe he sendiri become architect, qs, ir, labor to build it up….lol
SUSxiaojohn
post Jan 19 2024, 09:13 PM

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QUOTE(Wedchar2912 @ Jan 19 2024, 08:58 PM)
why worry... they can just wait for their parents to pass over one or two of the many properties the parents own... haha
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Many indian parents don’t have property to pass to their children
SUSxiaojohn
post Jan 19 2024, 09:14 PM

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QUOTE(AfraidIGotBan @ Jan 19 2024, 08:48 PM)
Mana boleh hantam the boomers for having too much properties? Not like the prop I'm buying is super duper cheap also, makahai...

(Well, I got 31 studios here in London alone, midyear likely increases to 35 or 36, depend on economy. Not yet counting the rest of the buildings, shoplots that can do house rental and shop rentals)
*
Why not buy in malaysia? Can buy shoplot here as some /k said
SUSxiaojohn
post Jan 19 2024, 09:18 PM

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QUOTE(ZforZebra @ Jan 19 2024, 05:25 PM)
This is the most viable solution.
Flippers will inflict fear that property market will die cause of this.

But no gomen will have the balls to implement this.
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Rules, Law cannot stop people greedy

You see…even in Bumi quota market, that 30% also got a lot bumi know how to goreng their portion…
SUSOlgakureylenko
post Jan 19 2024, 09:19 PM

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QUOTE(AfraidIGotBan @ Jan 19 2024, 08:56 PM)
You sendiri build ah?

Until what day what year, and what quality control + what term?

I nampak bebanyak people, always complain house quality like shit whatever etc, then opted sendiri build, end of day, habis... Another Saupei project from handmade.co

Even my CCP in laws nowadays got land in kampung also dun dare to opt for cheap neighborhood construction team. Die die need to opt for the more professional punya to ensure gempa bumi skala mampus ritcher wont roboh the house.
*
Not me....me and my family lah.....
SUSxiaojohn
post Jan 19 2024, 09:20 PM

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QUOTE(bigwolf @ Jan 19 2024, 05:54 PM)
The fact that we have surplus unsold properties showed that hoarding is not the issue with our property market. It's the price itself
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LoL

What? You think they no need to pay monthly instalment? What a jokes!

Uncle advice you to see all these units = debts/loans
SUSxiaojohn
post Jan 19 2024, 09:21 PM

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QUOTE(h@ksam @ Jan 19 2024, 08:00 PM)
can KKM enter private property without owner's consent??

owner overseas how?
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Can…there is a house rules/by law/health act for that…anyway, it takes time

This post has been edited by xiaojohn: Jan 19 2024, 09:21 PM
cHaRsIeWpAu^^
post Jan 19 2024, 09:22 PM

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QUOTE(Olgakureylenko @ Jan 19 2024, 08:43 PM)
500k to 600k house but quality mcm apa
Give me 200k i can build house better with raw materials
*
kek. 200k can buy what house.
SUSxiaojohn
post Jan 19 2024, 09:23 PM

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QUOTE(iammasivers @ Jan 19 2024, 06:24 PM)
As a millenial, I regret buying a house. So many headaches. The taxes, maintenance, repair. My emergency fund also need to increase to take into account my house upkeep. Previously i have 3 months emergency fund saved up. Now only 1 month after buying house to take into account house expenses
*
Exactly. 👍🏻

Because of house loan, you being locked for 35 years and restricted to grow further freely.

Even you want to change job, you also need to think many times…
SUSOlgakureylenko
post Jan 19 2024, 09:25 PM

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QUOTE(cHaRsIeWpAu^^ @ Jan 19 2024, 09:22 PM)
kek. 200k can buy what house.
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200k actually can buy big house in kelantan

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