Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

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

views
     
ckgoh3
post Feb 2 2011, 11:52 AM

Getting Started
**
Junior Member
99 posts

Joined: Oct 2006


QUOTE(sulifeisgreat @ Jan 7 2011, 12:54 AM)
taking bolehland worst recession in 69, 85, 97 & etc, did property prices really fall drastically  tongue.gif
did kl kepong go buy prime lands during tat crisis? did ytl go buy sg wang during tat crisis? were those crisis time frame 5 years apart?
when we r not using the same banking lending standards as usa, japan & china! y must we follow their in their falling or perceived falling?  doh.gif

last time, we got x million rakyat. years later, xx million more rakyat will be born, as time goes by, there is more rakyat & more will cum
but only got limited area/ land in kv & penang. I dun see kv or penang growing in size as time goes by, coz it can't!
the same can be said for commodities prices, coz china is growing & she needs to eat for the country to grow
they have tasted capitalism freedom & no one wants to ride tricycle anymore or go farming, communism is just in name only  cool2.gif

in another 5 years time, the new rakyat/ new graduates will buy the areas or newly open areas in kv & penang, driving the price higher
those who want to wait, can wait  thumbup.gif eg. areas around ikea, damansara perdana (coming soon, sg. buloh ex kusta hospital)
whether u like it or not, inflation is alwiz here! dun believe? go ask popo or grand popo, last time bak kut teh & nasi lemak, how much?

in 40 years time, ur anak2 will also ask u the same question. eh? how come we still renting ah? waiting for ayam lay eggs or revolution?
if u had taken the maybank 40 years home loan, by tat time, they ask silly soalan, the loan alredi ho seh liao lo  thumbup.gif
& u won't sell the property either, u will teach the same lesson to those who wanna wait 40 years later, haha

y not buy medium cost flat? unless u all wan face? must be aksyen ke? accept fats & do wat is achivable within ur means  nod.gif
the properties I bought, did not sell. got many buyers, willing pay 40% to 80% higher  rclxub.gif  but i prefer to keep it for rental income
coz I wan to have happy cucus  cool.gif
*
I always told my son, next time when you go to school your teacher asks you to write essay titled "My Ambition", tell her your ambition is to be a landlord because your father has left properties for you to collect rental

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0549sec    0.67    7 queries    GZIP Disabled
Time is now: 19th December 2025 - 04:45 AM