In short, that's the lifestyle. No wrong.
1)car
2)credit card
3)rent, why buy
4)travel
Malaysian millennials give up on home ownership
Malaysian millennials give up on home ownership
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Jan 19 2024, 10:51 AM
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#1
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In short, that's the lifestyle. No wrong.
1)car 2)credit card 3)rent, why buy 4)travel |
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Jan 19 2024, 11:22 AM
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#2
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QUOTE(Mixo Mania @ Jan 19 2024, 11:19 AM) When boomers hog all the properties in hope of making a profit, what they’re essentially doing is taking money from the future generations. They believe future generation will die die need a property. KecianNow millennials don’t want to subject their children to the same fate as them, thus refuse to raise a family and the next generations which suppose to support the boomer property price. |
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Jan 19 2024, 11:54 AM
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#3
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QUOTE(marfccy @ Jan 19 2024, 11:43 AM) i think youre missing the point Isn’t entry home ownership is now at 250k-350k range ie the like of RUMAWIP, SAMM series?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 I don't see why, if one have their priorities and expectation set right can be detered from their purchase This post has been edited by jojolicia: Jan 19 2024, 12:10 PM |
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Jan 19 2024, 12:00 PM
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#4
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QUOTE(marfccy @ Jan 19 2024, 11:57 AM) yes correct, however those are now beginning to become studio units <500sf kind No leh, i see most rumahwip/ samm are 700-800 sqft, definately not <500.so its a good makeshift home for 2 but one will def need more space when starting up family. the inescapable cycle <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. This post has been edited by jojolicia: Jan 19 2024, 12:02 PM |
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Jan 19 2024, 12:07 PM
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#5
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QUOTE(marfccy @ Jan 19 2024, 11:55 AM) i dont think so le, nowadays most modern condos are already like at least 700k if mau those 1k sf kind + decent location I think you are skirting around the issue. Rumahwip and Samm with comfortable 700-800 ft2 are there but you die die say free market studio <500 ft2 too small too expensive, those larger enough for you beyond reach.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 Why not rumahwip and Samm? This post has been edited by jojolicia: Jan 19 2024, 12:09 PM |
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Jan 19 2024, 12:17 PM
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#6
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QUOTE(lopo90 @ Jan 19 2024, 12:00 PM) That's why now a lot of developers are making cheap condo/apartments Your last para. In contrary, this will in turn make existing landed houses a gem.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 |
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Jan 19 2024, 12:41 PM
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#7
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Jan 19 2024, 08:28 PM
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#8
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QUOTE(Slowpokeking @ Jan 19 2024, 10:19 AM) Isn't the current national affordable housing policy good enough?This post has been edited by jojolicia: Jan 19 2024, 11:02 PM xiaojohn liked this post
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Jan 19 2024, 11:11 PM
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#9
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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. I don't really understand. Why is there a need to restrict those who can afford for others inadequacy?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? There are so many segments (price range) of property class. Isn't the national affordable housing policy (already with restriction) in place not good enough? Or you want something better than that ie now 700k prop but you cannot afford it and you blame those who can for propping the price high. To you, because these ppl are buying thus making the price not coming down to your affordability? To the extend you call hoarding This post has been edited by jojolicia: Jan 19 2024, 11:40 PM |
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Jan 20 2024, 10:24 AM
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QUOTE(emino @ Jan 20 2024, 08:00 AM) I lol at this statement. I move to KL at 19. I never own a car until marriage at 34. Heck lesen kereta pun xde. Even today I don’t have a car, guna kereta bini at times. But for my day to day I guna either motor or public transport. 👍I only get lesen because I don’t feel safe with my wife driving as she has intense fear of insect. In fact I would argue duduk KL la the best way to survive without a car as the public transport is significantly better than the other states in the country. Again (i have read a few of your posts here), this is priority settings and sacrifices made to fruition. Realisations, sendiri and own family jugak yang dapat, not anyone else. You are the man This post has been edited by jojolicia: Jan 20 2024, 10:27 AM |
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Jan 20 2024, 10:31 AM
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#11
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QUOTE(xiaojohn @ Jan 20 2024, 08:51 AM) Because bilangan kita sudah kekurangan. Tiada gantian barisan simpanan 😅😅Cina only play ping pong and not football This post has been edited by jojolicia: Jan 20 2024, 10:32 AM xiaojohn liked this post
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Jan 20 2024, 11:17 AM
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#12
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Jan 20 2024, 09:21 PM
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#13
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