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Category: Crisis News

When borrowers need not even qualify for it, better be fearful!

Posted in Crisis News, and US / Dollar related

Remember subprime-mortgage crisis in 2008? In brief, the banks were lending to borrowers who SHOULD NOT have gotten the loan in the first place. Then, everything collapsed when the borrowers…

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High property prices is never a good sign, regardless of country.

Posted in Crisis News, and Property, KL / Selangor

It is not a good sign if property prices keep moving up much faster than the salary increments we receive every year. Of course if we get a promotion, the…

Crash, No, Crash, No, debate continues. Action is similar.

Posted in Crisis News, Penang Properties (Island), Penang properties (mainland), and Property, KL / Selangor

On one side of the ring, we have a veteran real estate expert, Ernest Cheong who sees 2018 as the year that the property market may crash. The panic may…

Fitch on Malaysia: Stable outlook, still at A- (Investment Grade)

Posted in Bank Negara Malaysia (BNM), Crisis News, and Malaysian economy

Reported in many different medias few days ago was about Fitch Rating’s affirmation of Malaysia’s long-term foreign- and local-currency issuer default ratings (IDRs) at ‘A-’ with stable outlook, reflecting the country’s…

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