QUOTE(LDP @ Sep 7 2025, 09:36 AM)
Lets assume a DSL at PJ selling for 100K back then in the 80s....
Gaji back then 1000 - 1200 a month...Lets say 1000 a month, a year is 12K...Lets assume thats the gross income for a year...
A normal makan gaji person (not even senior executive or manager) can easily settle paying for that house within 8 - 9 years (100K/12K), stretching it to 10 years...
Today, DSL at PJ selling 1.0M or more. I round it up to 1M to simplify my calculation.
Gaji sekarang lets say on average 5K a month. In a year, 60K gross income.
Take 1M/60K = 17 years, stretching to 20 years....easily...
Its not becoming affordable like it was, hence middle class getting squeezed out ....A place can only prosper when there is a large middle class community.
I know my maths above is not perfect (a lot of ppl will come and tembak me coz I didnt include this and that like gaji fresh grad sudah 4K so 5K so low, gaji sure naik mana ada static with 5K, why no downpayment, why parents never help to pay and blar blar blar) but I am just proving my point that its no longer affordable for younger gen to own a landed in PJ...
An apartment in that area will go for 450-800k. Owning a home is still within affordability.
If you are the owner of such landed house, will you let go at 600k for fresh grad out of sympathy?
Let's all be less of a hypocrite. Forcing government to lower house price, increase salary but refuse to sell your own house cheap.
Even if median salary increase, your 1 mil landed suddenly becomes affordable, will the existing owner aka you, willing to still sell at 1 mil? You'll increase the price as market getting hot isn't it. It's openarket product, supply and demand will follow.
The day property price come crashing, it's the day our economy becomes shit, or war time. No sane person wants that to happen .
Since you are so all high and mighty, come sell me your PJ landed at 600k in accordance to your definition of affordability, I will gladly buy from you.
This post has been edited by Gorila_: Sep 7 2025, 12:25 PM