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Housing is a necessity.
All people need shelter.
Unfortunately, prices of houses have soared, even condos are priced high.
Even Middle income groups find condos are beyond their reach Salaries have not soared to match condo princes!
The rooms are getting smaller and smaller! Cubicles? like nests!
It is getting dangerous for developers with over-supply and under- demand!
worse than the housing boom in the 1980's!
Abandoned projects in those days could be red flags today !
The writing on the wall is evident today .
No easy money for developers!
Shocks are expected sooner than before!
Those who don't learn history tend to repeat it!
No wine and roses in housing industry!
Buffett says " be patient.wait ! Investment is a LONG game, not instant noodles of 5 minutes ! Hit and run is short game!
He who fights and runs away will have to fight again!
99Smart was trading below RM 2.00 earlier. Now it is tradjng at RM3.14.
The bus has left the station? Chasing it is pointless if you wish to follow Warren Buffett' s advice: ," Be fearful when others are greedy.
Be greedy when others are fearful."
In short never chase the bus which is speeding away and others are chasing it.
over 60 years has passed.
The land flowing with milk and honey !
where is the milk? where is the honey? Debt is mounting ! who is going to repay the loan?prices of houses have shot up!How to afford to get shelter yet we still hear the" big Malay umbrella" what about the other citizens? No shade for them?
ALL need shade, right ?
is this the Merdeka we asked for? MA 63',for Sabah and Sarawak
