Serious US inflation 7.5%. Hyperinflation coming liao.

[hbk75]

That's when property price are increasing on a steady and not an accelerated pace. HDB 5 years ago was about $700k, it's now over $1m. Even if it loses 30%, it will still be high when you factor in inflation.

Then again, everyone is expecting Singapore property prices to continue rising. I'm not sure how that is good for Singapore; all I see a huge bubble getting bigger.
https://www.cnbc.com/2022/02/07/sin...nts-to-rise-in-2022-but-at-a-slower-pace.html

the prediction is factor in low rates. when rates goes up many will be swimming naked.

 

[Leongsam]

Property double in those days the rate is 7%. So it doubles every 10 years to give you inflation.

With 1% interest rate for loan in last 20 years were to help baby boomers own another property for passive income.

After 2016 end of life for dirt cheap loan, program ends..

Expect 90% lost is possible..... lowest rate 1% how to give you double property price... taking back what you owed the banks..

The days where I have to borrow money to buy stuff are long gone. I use cold hard cash to buy whatever I want to invest in.

 

[hbk75]

Not 13% but 3-4% very likely. Interest rate in late 2000 was around there.

could be higher this time. usa never had this kind of inflation since 1981.

 

[hbk75]

fed emergency meeting on 14 Feb 2022.

scared liao?

https://www.federalreserve.gov/aboutthefed/boardmeetings/20220114closed.htm

 

[tanwahtiu]

The days where I have to borrow money to buy stuff are long gone. I use cold hard cash to buy whatever I want to invest in.

Many property investors are using interest only loan against own property. Kenna conned by banks.

The bank owns the property, you are trading in property but not owned the property. Die now. It is trading in interest only loan that you can afford a bank property, so you must sell and buy. Bank gives you 1% loan is for own use only. So if property double in 10 years at cheap 1% loan is bank pays only 10% loan to themselves. Bank shares the double.property price with you.

If you still hold the trading property, not a investment, and property crashes to 50% it wipe out your trading profit and you still owed the bank the capital you borrowed from the bank. You are back to square one include your own property is in danger now. You have fees to pay, property tax, land tax, utility and much more that will come out of your pocket. Your rent income will drop 50% and you mati leow.

Are you on interest only loan?

When you are only interest only loan is to get you buy more trading properties and when both double you sell one to pay for the other property so that you fully own one property - no bank loan.

This is how banks want you to play their game, trade in property. Get it...

What investment in property when you pay only interest only loan.... tioboh...

 

[hbk75]

Many property investors are using interest only loan against own property. Kenna conned by banks.

The bank owns the property, you are trading in property but not owned the property. Die now. It is trading in interest only loan that you can afford a bank property, so you must sell and buy. Bank gives you 1% loan is for own use only. So if property double in 10 years at cheap 1% loan is bank pays only 10% loan to themselves. Bank shares the double.property price with you.

If you still hold the trading property, not a investment, and property crashes to 50% it wipe out your trading profit and you still owed the bank the capital you borrowed from the bank. You are back to square one include your own property is in danger now. You have fees to pay, property tax, land tax, utility and much more that will come out of your pocket. Your rent income will drop 50% and you mati leow.

Are you on interest only loan?

When you are only interest only loan is to get you buy more trading properties and when both double you sell one to pay for the other property so that you fully own one property - no bank loan.

This is how banks want you to play their game, trade in property. Get it...

What investment in property when you pay only interest only loan.... tioboh...

many sinkies dunno got margin calls. property is must have buyers to keep going up. if buyers see higher rates dun buy then how to go up higher?

prices going up dunno a pandemic is very weird liao. if prices falls buyers will be asked to top up their loans because is negative equity liao

 

[Hypocrite-The]

I was told they have stopped printing. In any case, there will be lots of litigation and foreclosures. Malls and offices are empty. Businesses have unpaid mortgages.
It will be interesting to see how all these ends up.
who will buy up these assets when its put up for auction?
Lucky there is plenty of money in the system or the entire thing may collspse.

The chicons are always hungry for USA assets...

 

[Leongsam]

Many property investors are using interest only loan against own property. Kenna conned by banks.

The bank owns the property, you are trading in property but not owned the property. Die now. It is trading in interest only loan that you can afford a bank property, so you must sell and buy. Bank gives you 1% loan is for own use only. So if property double in 10 years at cheap 1% loan is bank pays only 10% loan to themselves. Bank shares the double.property price with you.

If you still hold the trading property, not a investment, and property crashes to 50% it wipe out your trading profit and you still owed the bank the capital you borrowed from the bank. You are back to square one include your own property is in danger now. You have fees to pay, property tax, land tax, utility and much more that will come out of your pocket. Your rent income will drop 50% and you mati leow.

Are you on interest only loan?

When you are only interest only loan is to get you buy more trading properties and when both double you sell one to pay for the other property so that you fully own one property - no bank loan.

This is how banks want you to play their game, trade in property. Get it...

What investment in property when you pay only interest only loan.... tioboh...

When it comes to investing in property holding power is of paramount importance. It's not a short term game. The less you have to borrow the better.

 

[Pinkieslut]

Wonderful news!

 

[ginfreely]

It’s been 5.5 months since I left and the malicious dogs cottonmouth aka glockman aka Jeremy Quek as per hint by jw5 (and sweetiepie etc) are allowed by Leongsam to smear and insult me slut whore mistress with no consequence. I have to inform Leongsam to delete the posts and sometimes to no avail and i am sick of it. So Leongsam did not follow his deal to get his moderators to remove posts speaking ill of me so here I am carrying out my vow to spam the forum if cottonmouth is allowed to spam in my threads without consequence - which cottonmouth obviously did and was allowed - and he has been allowed in this 5.5 months no need follow his agreement to stop insulting me and continued to smear and insult me whore just yesterday and insulted me have std one day before that and everyday with no consequence.

Another thing to highlight is I realised after I left forum that @strawberry = @kaninabuchaojibye and I already know @nightsafari = @kaninabuchaojibye i.e despicable nightsafari is the strawberry that started the thread Who is Ginfreely sugar daddy and then keep upping it on the pretext of asking about strawberry. No wonder so pretentious always pretending to like my Hokkien threads while stabbing me non stop.

 

[tanwahtiu]

When it comes to investing in property holding power is of paramount importance. It's not a short term game. The less you have to borrow the better.

If you use P&I mortgage loan, most people cannot afford to own a investment property. Many can't afford to pay two P&I mortgage loan.

 

[nightsafari]

It’s been 5.5 months since I left and the malicious dogs cottonmouth aka glockman aka Jeremy Quek as per hint by jw5 (and sweetiepie etc) are allowed by Leongsam to smear and insult me slut whore mistress with no consequence. I have to inform Leongsam to delete the posts and sometimes to no avail and i am sick of it. So Leongsam did not follow his deal to get his moderators to remove posts speaking ill of me so here I am carrying out my vow to spam the forum if cottonmouth is allowed to spam in my threads without consequence - which cottonmouth obviously did and was allowed - and he has been allowed in this 5.5 months no need follow his agreement to stop insulting me and continued to smear and insult me whore just yesterday and insulted me have std one day before that and everyday with no consequence.

Another thing to highlight is I realised after I left forum that @strawberry = @kaninabuchaojibye and I already know @nightsafari = @kaninabuchaojibye i.e despicable nightsafari is the strawberry that started the thread Who is Ginfreely sugar daddy and then keep upping it on the pretext of asking about strawberry. No wonder so pretentious always pretending to like my Hokkien threads while stabbing me non stop.

I like your Hokkien information. Who the other people are I have no idea.

I will stab you in your face if I feel the need to do so. Why should I do it from behind?