Tag: overheated property markets dangerous
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Of bubbles, declining prices and mortgage defaults rising. (It’s a cycle)
After years of cooling measures recommended by the Bank Negara and even responsible lending policies by all the banks, the average home price increase in Malaysia is actually dropping for most states except for Johor. Take a look at the image showing the Q1 2017 versus Q2 2017 and vs the average for the past 26 years.…