Financial Is property going to drop?, General property price discussion
Financial Is property going to drop?, General property price discussion
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Jul 29 2008, 09:18 AM
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#1
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Senior Member
1,610 posts Joined: May 2008 |
today lafarge announce of cement price increase effective on 1st august...1 tonne @RM20...will property price drops? Will new property & used property boom up or down? |
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Aug 20 2008, 11:39 AM
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#2
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Senior Member
1,610 posts Joined: May 2008 |
I have doubt whether properties drop? The rumours spread by so call economist, analyst & etc is never can be trust. A year before the rumuors commented BLR will drop due to investor & competitiveness in banking, but now what is the BLR rating? During 1997 recession, ppl are struggling & claim malaysian will be in deep shit under soros deployment, but yet what malaysian still sustain till 2008? Our CI managed to boom up to 1500 points. Also rumuors claim recently US slowdown will dramatically affect malaysia market & will not able to climb up but i would like to see the outcome in years coming. Im not a economist, but just found doubt of the accuracy of ecomonist spread out the rumuous!!!! |
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