Comments on: Realities http://www.minishorts.net/2008/05/29/realities/ this time, we're keeping it simple. Thu, 20 Nov 2008 14:25:06 +0000 http://wordpress.org/?v=2.6.3 By: Donny http://www.minishorts.net/2008/05/29/realities/#comment-88279 Donny Fri, 30 May 2008 17:41:30 +0000 http://www.minishorts.net/2008/05/29/realities/#comment-88279 I used to survive on RM300 per month as a student :) I can feel your fear. With so many bad things happening around the globe, there's a lot of insecurity and bad sentiment. The strange thing is....they keep building high end houses every where (in Penang)...supposedly for the "Malaysia My Second Home". I'm really skeptical there are really that many buyers. The renting rate is strangely much much lower than what owner have to pay to the bank each month. It only make sense to invest in property if you can buy that property in cash, or if you can afford to borrow a small percentage..such that the renting rate is higher than what you need to pay each month. Otherwise it doesn't seem to make much sense to buy a property for investment. Unless I'm missing something here...I don't mind being enlightened :) I used to survive on RM300 per month as a student :)

I can feel your fear. With so many bad things happening around the globe, there’s a lot of insecurity and bad sentiment. The strange thing is….they keep building high end houses every where (in Penang)…supposedly for the “Malaysia My Second Home”. I’m really skeptical there are really that many buyers.

The renting rate is strangely much much lower than what owner have to pay to the bank each month. It only make sense to invest in property if you can buy that property in cash, or if you can afford to borrow a small percentage..such that the renting rate is higher than what you need to pay each month. Otherwise it doesn’t seem to make much sense to buy a property for investment. Unless I’m missing something here…I don’t mind being enlightened :)

]]> By: raymond http://www.minishorts.net/2008/05/29/realities/#comment-88234 raymond Fri, 30 May 2008 09:00:46 +0000 http://www.minishorts.net/2008/05/29/realities/#comment-88234 Don't think prices of housing will go down anytime in the future even if there is a slump. You must consider that raw material prices (ie. steel, cement, copper, rubber, etc) have all gone up and hence new launches will definitely be higher in the future. This will prop up prices for secondary housing market. Taking this into consideration i will go ahead to buy the house if I can put aside a couple thousand ringgit a month. Don’t think prices of housing will go down anytime in the future even if there is a slump. You must consider that raw material prices (ie. steel, cement, copper, rubber, etc) have all gone up and hence new launches will definitely be higher in the future. This will prop up prices for secondary housing market.

Taking this into consideration i will go ahead to buy the house if I can put aside a couple thousand ringgit a month.

]]> By: jonathan http://www.minishorts.net/2008/05/29/realities/#comment-88212 jonathan Fri, 30 May 2008 03:27:47 +0000 http://www.minishorts.net/2008/05/29/realities/#comment-88212 besides the extra time to decide, renting might also not be a bad option seeing that the housing market may likely suffer a slump in the near future. besides the extra time to decide, renting might also not be a bad option seeing that the housing market may likely suffer a slump in the near future.

]]> By: Kenny http://www.minishorts.net/2008/05/29/realities/#comment-88210 Kenny Fri, 30 May 2008 03:02:51 +0000 http://www.minishorts.net/2008/05/29/realities/#comment-88210 well put. it'll only get harder before it gets better. if only the distribution nation's wealth is more equitable, then life might not be so difficult. renting may not be a bad option for this time. it gives the both of you time to settle in together while deciding what/where to buy. Good luck. well put. it’ll only get harder before it gets better. if only the distribution nation’s wealth is more equitable, then life might not be so difficult.
renting may not be a bad option for this time. it gives the both of you time to settle in together while deciding what/where to buy. Good luck.

]]> By: popeye http://www.minishorts.net/2008/05/29/realities/#comment-88114 popeye Thu, 29 May 2008 09:48:02 +0000 http://www.minishorts.net/2008/05/29/realities/#comment-88114 i share ur angst. i share ur angst.

]]> By: Darren http://www.minishorts.net/2008/05/29/realities/#comment-88109 Darren Thu, 29 May 2008 09:07:51 +0000 http://www.minishorts.net/2008/05/29/realities/#comment-88109 This article should go into all local newspaper prints and be submitted for a prize. This article should go into all local newspaper prints and be submitted for a prize.

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