Lets go back to the principle of demand and supply, bearing in mind the construction costs to determine whether the price is go up or down under various economic condition..

that also explain why some properties are even pricey although in current downturn economic situation while the other properties are not..do you realized that high ends properties are less effected even in downturn economy?

How best to explain the situation where a developer is selling their house at costs and thin margin  (force selling situation) to attract buyers?  they will only consider this way if the demand of their properties are weak  while they are facing liquidity pressure to cover their daily operation and debts?

why the demand are weak? - it can be caused by external factor (people doesnt have money) or their properties are really unattractive and valued at lower price than its tagged..

considering the above, lets go back to supply and demand principle, as i believe all factors that mentioned in this thread are not absolutely true or wrong, but entirely depends on situation and your basis of argument.

No argument.

Thanks

The answer is simple, I DON"T TRUST OTHER PEOPLE MANAGING MY MONEY!

jason,

for you to say this.. it's just a reflection of time that you're in currently.
when you asset base is small.. it's very easy to manage.. hence DIY is suffice..

but when it comes a time, to manage millions/billions.. it's not as simple as you think. moving/shifting/re-positioning of such magnitude of money, draws attention from everywhere. having proxies to manage it for you can be a cleverly masking strategy to adopt..

when you've earned your millions(or perhaps billions).. hopefully you can revisit this statement and reflect back what you've just bicker out below.. see if it still holds true.

there's a hint of arrogance there..
although that's a favorable thing to do.. (nevertheless, it's still not a 1-man show)

don't talk billion yet.. on a personal level, have you even hit the million mark first?
syndicated buying is powerful.. for its leveraging effects. if the trust is sustainable.. it's a good vehicle for wealth building.

niaz... how many generation(s)?