Nowadays everyone is asking, what happened to the property, the price gone up like crazy !!! ???
Actually, I would say what happened to the people actually instead of the property price? Everyone just buy anywhere and everyone......
In stock market, there is a saying that when everyone is talking about stock, it is about time to sell it. Does it apply to property market then?
A colleague of mine who is just graduated for 2 years told me last week she would like to invest in a property. I asked her is she looking for rental income or capital appreciation, she replied: "I dunno". Then I asked her why rush to buy then, she said that "I don't want to miss the chance mar, later 'cao poh' ler".
Another colleague of mine who is type of "conservative" people, whom strictly follow rules and steps at his work. Usually this type of people are those who do not speculate. But, he also start talking about property investment nowadays, and he is looking to buy another house to rent out and earn extra income.