Category: Crisis News
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High property prices is never a good sign, regardless of country.
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 typical increments may be 15-20 percent and this is faster than the typical increment in property prices. However, not everyone gets a promotion every year.…
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Property bubble bursting? Two things to watch out for.
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 advanced property market and usually, they will experience whatever is to happen first, way before Kuala Lumpur. According to the writer of the article, the…
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Oversupply to last 5 years. That’s until 2022…. ?
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 related to property investment. Haha. Well, we have another prediction, just a few days ago. This time from one of the top three international rating…
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Crash, No, Crash, No, debate continues. Action is similar.
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 start right after Chinese New Year in February. He also shared that developers are in desperate situation and that this was why they allow buyers…
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IDEAS: Property bubble Malaysia set to burst
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 the high unsold properties in the market. He explained that two economic dynamics will cause this. They include the prices of most homes beyond the…
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Ringgit recovering, I stopped writing
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 write a few articles about Ringgit. Read one here: Summary Q2 2015:Malaysian economy, Ringgit and Zeti or this: 1998 vs 2015, just numbers no rhetorics In fact…
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Roubini: No 2008 global financial crisis BUT ….
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 2008 crisis before it happened. The below is a sharing from him which I read in an online media when he was asked if the…
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IMF’s Lagarde: 2016 will be “disappointing”
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 article in Reuters, IMF managing director, Christine Lagarde said that the rising interest rates in United States and economic slowdown in China were contributing to…