When I posted my view, I don't encourage or discourage people to buy or not to buy properties.
Just, sometimes, we always need to see thing from rather neutral perspective (although it is definitely cannot be total neutral), but at least opinion posted is based on what is happening out there and supported by facts and figure out there or what we know, it may be right or wrong, it doesn't matter, at least we see where the arguement come from, rather than post opinion just because belong to which camp.
The discussion part of story is the one lead to us to think, to analyse, to judge.
Any investment, there is no sure win, so does properties.
We don't need to agree on each other, but as long as healthy discussion is going on, it benefits to all only.
Frankly speaking and no offence, waiting and hoping properties price to crash, just because cannot afford to buy, or whatever reason, somehow, need to think deeper.
When properties market crash, it just mean economy will be doing badly, by that time, you would even fear about job security, if one is under employment one, or fear price fall even further and banks could tighten the loan as well. It could mean harder life when properties price crash time.
For those doing business one or self-employed, potential facing business slow, default issue as well.
So could ended forever wait.
I am not mean properties price is right or cheap right now, or will go up further. Just the part hoping and waiting properties price to crash in order for one to buy cheaply, somehow, not something a right mindset.
My view only.
Yes, properties price is high, if see it too high, not worth, then don't buy, as simple as that.
But it doesn't mean we hope it to crash either.
Just let the market behave themselves, you buy or sell based on your affordability, risk appetite and tolerance on it.
Can anticipate some fall, but hoping it to crash, is never a right attitude to start with.
My 2 cents.
Well said. I wonder why if one invest Bon, gold, commodity, stock market, less people complaint ha?