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 Malaysian millennials give up on home ownership

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Zer0 c00L
post Jan 19 2024, 11:25 AM

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people don't understand you're not meant to be able to buy a house right after starting work

and to afford a house you need to sacrifice
Zer0 c00L
post Jan 19 2024, 12:23 PM

i haz hammer!
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QUOTE(marfccy @ Jan 19 2024, 11:43 AM)
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
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its not really, you have options, even at the lower end, there are affordable ones and even the secondary market has good value buys

its just mostly i find

1. people want to live at a brand new landed next to KLCC (exaggerating of course) at 200k
2. refuse to sacrifice subscriptions or lifestyle choices to save up to even be able to have options in the secondary market
Zer0 c00L
post Jan 19 2024, 12:44 PM

i haz hammer!
*******
Senior Member
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Joined: Feb 2005


QUOTE(bashlyner @ Jan 19 2024, 12:32 PM)
One thing that we can blame government is the failed civil planning causing most white collar jobs to concentrate around KL City Center and with bad road & public transport planning most people would want to stay as close to city center as possible.
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This I agree

But the sacrifice and compromise point stands

 

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