People say property is becoming expensive. People say money is becoming smaller. When we put these two into the same equation and we want to balance it, then it’s either property needs to adjust itself or money has to adjust itself. Unfortunately, salary is mostly fixed. So property has to adjust itself.
I have been asked this question many times. Maybe someone hope that if they ask me enough times, my answer to them may be a different one? Haha. “How sure am I that the home price will continue rising?” As usual, my answer is just look at all the more advanced countries than Malaysia. Stop thinking of Malaysia as a centre of the world for property. We are not. Not even close to that status. Most of our transactions are from Malaysians. As for answering the question about the potential for home prices to keep rising, let’s not write. Let’s just look at charts after charts. All are from tradingeconomics.com
