My personal 2014 outlook ( Part 2 Property stocks - Do we really have bubbles in our property market? )
Do we really have bubbles in our property market? Thanks a lot for supporting my blog and very sorry for the slow posting as I was busy with some other projects. I believe in the past few days you might have had some bad mood due to the bad market condition. I've no mean on spoiling your mood but I would like to share some view of mind regarding the property market which will eventually affect the property stocks. The easiest way to forecast an industry is to see whether did they get any "blessing" from the policies maker or not. As for property market, I believe that there is no blessing from the policies maker. 1st we will have to look at the government. According to the 2014 budget that being announced on October 2013, the Malaysian government had came out with a few measures that is infavorable to the property market. Such as a) Increment of RPGT b) Cancellation of DIBS scheme c) Financial institution are prohinited from providing final funding for projects involv...