Quote:
Originally Posted by Unregistered
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. |
That's the problem the finance savy people, they outsmarted by themselves. Property market just like any market is too random & sophsiticated to be easily predicted by a few theory and numbers. All this market watcher always say until dragon tiger come out like very sensible and convincing, but the market price just refuse to follow their logic, so end up kena burn over nothing.