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 Malaysian millennials give up on home ownership

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katijar
post Jan 19 2024, 09:25 PM

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Wait

boomers own multiple house

But aren’t millennials parent are boomers

What is the problem here
smsid
post Jan 19 2024, 09:25 PM

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QUOTE(AfraidIGotBan @ Jan 19 2024, 08:50 PM)
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.
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I said, "limit how many properties a person", it is PLURAL, and A person, means if spouse, each can have properties under their own name or under children name.

Ofc it will not be done spontaneous, it will be done gradually, by few decades if need to, but need to stop them from acquiring any future development project that cost under 1 million, perhaps?
-i7-
post Jan 19 2024, 09:28 PM

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From: i7viL

“For them, owning a car is a benchmark of their success in life. Ironically, some of them take the public transport to work and leave their car at home,” he told Bernama recently.

Decision also cannot make that why salary always bocor
cHaRsIeWpAu^^
post Jan 19 2024, 09:29 PM

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QUOTE(Olgakureylenko @ Jan 19 2024, 09:25 PM)
200k actually can buy big house in kelantan
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but building new one with current material cost, very tight budget.
Wedchar2912
post Jan 19 2024, 09:31 PM

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QUOTE(xiaojohn @ Jan 19 2024, 09:13 PM)
Many indian parents don’t have property to pass to their children
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and yet many indians own homes too... so?

SUSxiaojohn
post Jan 19 2024, 09:34 PM

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QUOTE(Wedchar2912 @ Jan 19 2024, 09:31 PM)
and yet many indians own homes too... so?
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That’s good.
Hope their children do not split the one property they have…
But make it become reunion spot
SUSxiaojohn
post Jan 19 2024, 09:35 PM

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QUOTE(-i7- @ Jan 19 2024, 09:28 PM)
“For them, owning a car is a benchmark of their success in life. Ironically, some of them take the public transport to work and leave their car at home,” he told Bernama recently.

Decision also cannot make that why salary always bocor
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Uncle doubt that’s true
SUSxiaojohn
post Jan 19 2024, 09:35 PM

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QUOTE(smsid @ Jan 19 2024, 09:25 PM)
I said, "limit how many properties a person", it is PLURAL, and A person, means if spouse, each can have properties under their own name or under children name.

Ofc it will not be done spontaneous, it will be done gradually, by few decades if need to, but need to stop them from acquiring any future development project that cost under 1 million, perhaps?
*
You can go work for formula man
vhs
post Jan 19 2024, 09:39 PM

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QUOTE(smsid @ Jan 19 2024, 09:25 PM)
I said, "limit how many properties a person", it is PLURAL, and A person, means if spouse, each can have properties under their own name or under children name.

Ofc it will not be done spontaneous, it will be done gradually, by few decades if need to, but need to stop them from acquiring any future development project that cost under 1 million, perhaps?
*
It is easy for government to implement housing scheme to encourage one person one house. The real problem is developers won't like it because how to earn big money like Li Ka Sing otherwise? Developers want scarcity so that they can sell more and more expensive house at smaller and smaller size. That's how tons loads of money is made. devil.gif
SUSxiaojohn
post Jan 19 2024, 09:40 PM

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QUOTE(vhs @ Jan 19 2024, 09:39 PM)
It is easy for government to implement housing scheme to encourage one person one house. The real problem is developers won't like it because how to earn big money like Li Ka Sing otherwise? Developers want scarcity so that they can sell more and more expensive house at smaller and smaller size. That's how tons loads of money is made. devil.gif
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Exactly. Plus now got rumahvip…direct interference from gov
Slowpokeking
post Jan 19 2024, 09:41 PM

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Aiya just use subsidies to counter low birth rate la.

If millennials have 3 kids, get 50% discoun!
smsid
post Jan 19 2024, 09:47 PM

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QUOTE(vhs @ Jan 19 2024, 09:39 PM)
It is easy for government to implement housing scheme to encourage one person one house. The real problem is developers won't like it because how to earn big money like Li Ka Sing otherwise? Developers want scarcity so that they can sell more and more expensive house at smaller and smaller size. That's how tons loads of money is made. devil.gif
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Correct me if I'm wrong, Lawyers has to do some pro bono once a while right in the US? Is it the same here as in US?

Maybe same concept but for developers they can't make insane profit, once a while they need to create affordable housing to give back some to society.

Meaning the profit is not high compared to their other projects.

Just my random thought...

This post has been edited by smsid: Jan 19 2024, 09:49 PM
vhs
post Jan 19 2024, 09:54 PM

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QUOTE(smsid @ Jan 19 2024, 09:47 PM)
Correct me if I'm wrong, Lawyers has to do some pro bono once a while right in the US? Is it the same here as in US?

Maybe same concept but for developers they can't make insane profit, once a while they need to create affordable housing to give back some to society.

Meaning the profit is not high compared to their other projects.

Just my random thought...
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The requirement on private housing developers to build at least 30 per cent of affordable housing in mega housing projects has been imposed since 1981. But many people complain they cannot get house. Why that happens no one know.

What is the definition of "afforable housing"? 100K or less? 300K or less?

Who bought up those 30%? The developers only need to ensure 30% are created but there is no requirements on qualifying buyers?
hmm.gif
smsid
post Jan 19 2024, 09:57 PM

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QUOTE(vhs @ Jan 19 2024, 09:54 PM)
The requirement on private housing developers to build at least 30 per cent of affordable housing in mega housing projects has been imposed since 1981. But many people complain they cannot get house. Why that happens no one know.

What is the definition of "afforable housing"? 100K or less? 300K or less?

Who bought up those 30%? The developers only need to ensure 30% are created but there is no requirements on qualifying buyers?
hmm.gif
*
Understood, thanks for enlightening me.

So in the end we have laws just very weak enforcement like all our subsidies problems.
Shanks747
post Jan 19 2024, 09:59 PM

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who are these people not born in a rich family...haih unlucky them
AfraidIGotBan
post Jan 19 2024, 09:59 PM

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QUOTE(xiaojohn @ Jan 19 2024, 01:12 PM)
Haha…yaya…200k to build is really tokok…maybe he sendiri become architect, qs, ir, labor to build it up….lol
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QUOTE(xiaojohn @ Jan 19 2024, 01:14 PM)
Why not buy in malaysia? Can buy shoplot here as some /k said
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Nowadays not the same as before liao la. Build sendiri yes, as long you got the skills, resources, equipment, etc to support it. Else, building it yourself regardless of your skills is really a stupid quote. I also kenal a good construction team that excellent in renovating indoor and restaurants (these fellas do really good work in making KTV decors) but what use? Their handiwork good, but QC saupei. Just the KTV alone, each time after use, sure their big display panel here cacat there kantoi, really waste of material. (Can check Sichuan Grand in London, there's few spots, and all work done by the same fellas I say so)

As for buying in Malaysia, you blind ah bro?? (not being offensive but honestly, you see K punya chat until todei, you really mata sepet juling buta or what bro? Even nasi ayam they wanna KPDNK or whatever for selling 30 hinggit, you want me to buy Msia houses and charge premium? You think doable, with how stingly Malaysian and our fellow kiamsiap ktards is?)

My 31 studios up to date, only the gross sales for 31 NYE and 1st NY alone, you tau berapa or not bro? 2days private rental reaches close to 200k quid. 10 of them is 3.5k pound per nite at that 2 days. The rest between 1.5k to 2k. My studio unit facing London Eye at Wardian Canary Wharf is rented out for event, no limit free flow moet and remy, I rent that place out for 15k pound, exclusive NYE that day.

You think Malaysia I can earn this kind of quick money?

Furthermore, Here in the UK, how I BNB my studios, my choice. But if Malaysia, I bnb my posh studio for 100 ringgit per night, maybe can expect these K buggers go trash my windows liao.

I am taught a lesson dearly, even habuk you don't leave a speck to the Malaysia Market. Its a waste. Of effort and resources. Even the thought itself is wasteful of energy and metabolism. Harsh, but its true.
smsid
post Jan 19 2024, 10:05 PM

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QUOTE(AfraidIGotBan @ Jan 19 2024, 09:59 PM)
Nowadays not the same as before liao la. Build sendiri yes, as long you got the skills, resources, equipment, etc to support it. Else, building it yourself regardless of your skills is really a stupid quote. I also kenal a good construction team that excellent in renovating indoor and restaurants (these fellas do really good work in making KTV decors) but what use? Their handiwork good, but QC saupei. Just the KTV alone, each time after use, sure their big display panel here cacat there kantoi, really waste of material. (Can check Sichuan Grand in London, there's few spots, and all work done by the same fellas I say so)

As for buying in Malaysia, you blind ah bro?? (not being offensive but honestly, you see K punya chat until todei, you really mata sepet juling buta or what bro? Even nasi ayam they wanna KPDNK or whatever for selling 30 hinggit, you want me to buy Msia houses and charge premium? You think doable, with how stingly Malaysian and our fellow kiamsiap ktards is?)

My 31 studios up to date, only the gross sales for 31 NYE and 1st NY alone, you tau berapa or not bro? 2days private rental reaches close to 200k quid. 10 of them is 3.5k pound per nite at that 2 days. The rest between 1.5k to 2k. My studio unit facing London Eye at Wardian Canary Wharf is rented out for event, no limit free flow moet and remy, I rent that place out for 15k pound, exclusive NYE that day.

You think Malaysia I can earn this kind of quick money?

Furthermore, Here in the UK, how I BNB my studios, my choice. But if Malaysia, I bnb my posh studio for 100 ringgit per night, maybe can expect these K buggers go trash my windows liao.

I am taught a lesson dearly, even habuk you don't leave a speck to the Malaysia Market. Its a waste. Of effort and resources. Even the thought itself is wasteful of energy and metabolism. Harsh, but its true.
*
Summary: I'm too good for Malaysian, I want big UK pound profit, not kecik cheapskate ringgit, kasi suay aja.

This post has been edited by smsid: Jan 19 2024, 10:07 PM
AfraidIGotBan
post Jan 19 2024, 10:05 PM

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QUOTE(smsid @ Jan 19 2024, 01:25 PM)
I said, "limit how many properties a person", it is PLURAL, and A person, means if spouse, each can have properties under their own name or under children name.

Ofc it will not be done spontaneous, it will be done gradually, by few decades if need to, but need to stop them from acquiring any future development project that cost under 1 million, perhaps?
*
First time buyer memang sudah di subsidi pun. They cilakak mementang want house here there at posh special good location saje.

My kawan cannot afford own house, even share with his sister also buy a house at rawang that time before the highway (dunno call what) is completed. But for some, if not segambut, not Kota Damansara, Mutiara Damansara, not worth buying la, this la, that la, etc.

Fukken hell these people. Duit takde, house want posh good nice super duper location.

There's scheme done to help the poor, its just the poor despise those schemes. Else, everyone had a home. Im just being honest. They can afford paying 9 years installment for a kotak kosong masili, pay premium Vpower petrol and weekly cherating, genting, langkawi, penang, sg, melacca, etc, but cannot afford put a small side of these expenses to afford their travel from maybe Setapak to KL work, Melacca to KL work, seremban to KL work, and so on.

This is human issue.

Buy and sell is natural case. Its something that gonna goes alone regardless. Else, wait until this year sudah know got 1 million sohai get born, then plan 18 years later only build 1 million homes for these bastards to buy?
SHERLOCK THE SOLVER
post Jan 19 2024, 10:07 PM

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bagus.. sila continue renting from us (landlords) and dont buy.
AfraidIGotBan
post Jan 19 2024, 10:09 PM

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QUOTE(Olgakureylenko @ Jan 19 2024, 01:19 PM)
Not me....me and my family lah.....
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If kampung style, I think still wokey.

City style susah, bro. Trust me.

My 2nd studio here in London, is at a 4th level and 4 1/2 attic. I renovate it and rebuilt it to be comfortable, only to misjudge the consideration on heating, leak of cold air, windy situation that causes gempa bumi piap piap style, noisy crancky lifts disturbance, and so on. Out of my 31 studio in hand, this 2nd unit is the cheapest ever renovation I did, by getting kawan and sendiri do, just to fakap and it is now profitable, but a burning money prop to let for bnb clients. (10 client stay here, 50% complain)

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