I told u whole world property ridiculously over priced, your agent just want con,"neh sei neh kor shi",this will be the worst from 2008 sub prime overhang,cash back no better then jjptr game
I agree too that property market is now a joke... to me property is no different of being a 'commodity' now... come to JB... see those beehive like condo towers... I still remember...one of the main oversea developer was saying... these condo were built not for today demand... but for next 10 yrs population... what!why? because according to him...you need to prepare earlier..not wait till the demand mushroom...you will be late by then... so... what happen next 10 yrs even there is a demand boost???
Again I too still remember back in 2008, when we first saw hot money goreng 'real comodity'... palm oil included... the story was similar...because they see the demand growth in next 10yrs... and like trading market everywhere... they started to futures for these commodities 10 yrs earlier... what happen next??? we all know... then few years back... you saw they goreng Dairy, goreng garlic... it was then we all realised... all the economic we had learnt from school was obsolete!!! in this hot money market... even supply and demand can be manipulated!
So... i am glad there is hot money in the stock market as at now.... after Fed rate cut...let see....
jjptr con effect quite limited to economy, only on those greedy idiots mostly young man with only limited personal loan debts..... but properties, know the effects on economy?.....beyond dream of working class to own a home,expedite inflations n cant generate productivity after built
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
rajachulan
1,740 posts
Posted by rajachulan > 2019-07-10 16:41 | Report Abuse
起到比前天的闭市还高。。。
好像昨天是一场梦? 哈哈哈啊哈