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Financial Is property going to drop?, General property price discussion

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TheNew
post Feb 11 2011, 12:02 PM

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QUOTE(TheDoer @ Feb 10 2011, 07:36 PM)
Been thinking:  people say that the population keeps increasing, therefore the demand will always be there.

But, the demand is actually not based on heads, but on how many can actually afford it.

If a single guy whose been saving and holding out can't afford a new home in the future. Do you think the new generation would do any better?
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Property is going to drop? Interesting
10 years ago, when I purchase my 1st house, I saw long queue, camps in the wee hours just to buy some units.
10 years later, it is still the same if the developer is hot drool.gif or I should also say even not so hot also people still buy. drool.gif drool.gif
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Observe the country like Japan,Singapore most of the youngster renting house. Though Malaysia has plenty of land, and not yet reach that advancement yet but in another 20,30,50,100 years time our condition might be the same as these develop country. The caring father mother have thought about these as well and buy as many as they can afford and inherit to the children, grandchildren, great grandchildren, grande children ....ha!ha! I fall into this category thumbup.gif the kiasu club

This post has been edited by TheNew: Feb 11 2011, 12:14 PM

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