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

Baby boomers owning too much properties.

You impose heavy tax, they will directly channel those cost to renters.

It will create even more problems with higher rent on horizon, and those house owners will gladly tell them it is government fault for such burden.
Yeah, the usual talking points since 1997, rofl. XD

This one is expert.

Buying place to stay at young age is a total waste. The property becomes a liability instead of asset.

Better buy a shoplot which can generate recurrent income. Rent anywhere that is convenient and closer to work, then change house when work change. Be flexible and be like water.

If possible, do not buy an expensive condo, ie more than 500k ones just for investment or rental purposes.

Land cost increase much more than the building materials or labor. Look at the psf price of land compared to before and compare the increase. Ofc I’m ltalking about high house prices areas like kv and Penang.

How bout Inheritance Tax?
Why aren't we doing that ya?

not so correct calculation in terms of impact....

is u pay tax and pay house for 35 years.. for 1m... after you ko.. the house is worth 2m...

your son, to inherit that house... needs to pay 5% inheritance tax... in cash.... 5% of 2m.. fuh..

This guy has been around for quite some time. you should see his other video

Rumah 5 Bilik 3 Bilik Air
Panjang x lebar 47' x 37'
Total Area 1350  kaki persegi
Reka & Bina Mengikut Bajet Anda
Spesifikasi
✅ Dinding Bata Merah/Clay Bricks
✅ Atap Genting Monier Elabana atau Saga Lagendary (Boleh Pilih)
✅ Single Phase Wiring Dengan Point Asas
✅ Internal Piping Dengan Kelengkapan Asas
✅ 2 Unit Tangki Air Poly N200.00
✅ Kemasan Tile Lantai 600mm x 600mm dan 300mm x 600mm
✅ Tinggi Lantai Ke siling lebih 11.5’
✅ Kemasan Tile Dinding Tandas 300mm x 600mm hingga ke aras siling
✅ Kemasan cat Jotun Majestic Matt untuk dalaman
✅ Kemasan cat Jotun. Jotashield Ultra Clean untuk luar.
✅ Plaster Siling Rata dengan Kemasan Kornis 4”
✅ Pintu Moulded Door
✅ Kelengkapan Sanitary Asas
✅ Tabletop 14 kaki panjang dengan Kemasan Tile 600mm x 600mm
✅ Kemasan Prima plank
Harga binaan Rm 185,000.00
Upgred
❇ Groove Line GL25
Harga Binaan Termasuk upgred
Rm 188,000.00

so still can get >50% margin or not? or more?

last time the maths always if material rm1000/upah also rm1000

Beware their quality….

why?

we work hard for it.
many of us don't drive fancy cars or new cars.  but have multiple properties.

LOL
not surprising to see this
all swipe first.  use future money first they say.

head not so big, but want to wear a size XL hat.
this is the problem.