What do we do when we know that our savings will never catch up with the property prices which are already highest in the world today? Sorry, the honour of having the highest property price versus household income does not belong to Malaysia. We are far from even the top 10. Here’s an image one … Read moreFear of price increase and the push to buy (someday, not today)
Can home prices go up by double digit per year? If it seems unlikely, then let’s look at it from the number perspective. Briefly, a RM400,000 home becoming RM450,000? This is already an increase of 12.5percent. So, in number, it’s actually possible because people do not think too much about an extra RM50,000 divided over … Read moreYes, still going up, even though already extremely unaffordable.