The bubble will burst when prices of properties reach sky high and nobody wants to buy anymore. That will be the start of it.
That time, the prices will fall. Anyway, the high prices now are all cuz of speculation! The fact is msia's economy and earning power does not tally with the sky high speculated prices. So yea the bubble will burst whenn ppl cannot afford homes anymore.
But its up to you to buy now or wait. Of cuz if you print $$ , then go ahead and buy buy buy!
But for the majority of average income earners, its your choice to buy a small home now or get a bigger home at a fraction of the price later
Financial Is property going to drop?, General property price discussion
Oct 10 2010, 09:31 PM
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