Tag: property bubble Malaysia2018
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There is no property bubble in Malaysia? Why is it so.
What is a property bubble? This is the definition by investopedia.com: “A housing bubble is a run-up in housing prices fueled by demand, speculation and exuberance. … Speculators enter the market, further driving demand. At some point, demand decreases or stagnates at the same time supply increases, resulting in a sharp drop in prices — and the bubble bursts.” In brief, the…