Aug 4 2025, 06:55 PM
QUOTE(Unicorn27 @ Aug 4 2025, 04:43 PM)
If there is no government interference, property price should have gone up. Now minimum wage rm1700, everything also more expensive, even wantan mee at kopitiam already selling at rm9, so how can property prices not going up?
Because the government is interfere the property market by building tremendous amount of affordable houses, making M40 difficult to accumulate wealth by investing in properties.
I beg to differ. I assume that you have put in a lot of work in the property investment and disappointed in the results. However, while a property is a investment for you, it is a necessity for many others.Because the government is interfere the property market by building tremendous amount of affordable houses, making M40 difficult to accumulate wealth by investing in properties.
I believe that the government didn't intervene enough and let market focus on short term gains over long term gains. That's the main reason for property overhang and a mismatch between supply and demand.
If the government has planned better like SG government, then more people can afford housing and can still earn from property investment.
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