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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Category: Crisis News
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…
I read an interesting and easy to understand article in South China Morning Post (SCMP) about the state of property market in Hong Kong. Here’s that article. Hong Kong is an…
Oversupply to last 5 years. That’s until 2022…. ?
Posted in Crisis News, Iskandar / JB Property, Penang Properties (Island), and Property, KL / Selangor
It’s a popular topic these days. In fact I have been asked no less than 3 times by a few different Whatsapp group. Only one of those three groups are…
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…
According to an interview by FreeMalaysiaToday (FMT) with the Institute for Democracy and Economic Affairs’ (IDEAS) senior fellow, Carmelo Ferlito, the Malaysian property market is close to crashing because of…
A few friends who have followed me for some time asked me why have I stopped writing about Ringgit these days. It’s already recovering, right? Well, last year, I did…
Roubini is a famous person when it comes to crisis predictions. He is also known as Dr. Doom and was one of the few who gave strong warnings for the…
IMF’s Lagarde: 2016 will be “disappointing”
Posted in ASIA / ASEAN, Crisis News, and Malaysian economy
Do I believe the InternationalMonetary Fund (IMF)? Well, let’s just say I will believe what I want to believe from what I read. Okay, reported in many media from an…