Quote:
Originally Posted by Unregistered
I heard this analysis from the so call property analyst about cash is king wait for property to drop since late 2009 in 3 yrs time & 3 years later price shoot up now people are still telling me to wait for another 3 yrs for it to drop...
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just go for it. dont wait.
waiting for property prices to drop then buy is like gambling. you are speculating that prices will drop.
i rather buy something i can afford and continue to hold even though prices go down. dont buy hoping to flip.
i have a friend who sold his condo in early 2010 and renting until now. his profits from his property almost eaten up by the rents all these 3 years. now he has to buy a
HDB flat and he is a banker! a banker saying in a
HDB flat! whereas i'm a humble person living in a condo because i bought mine in 2004 and didnt sell.