Blog: Covid-19 has impacted the demand for all building types in KL

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2 comment(s). Last comment by icecool 2020-09-11 20:10

DickyMe

14,898 posts

Posted by DickyMe > 2020-09-11 18:16 | Report Abuse

People are downsizing their needs to fit their income level.

It is stupid to be tied to a housing loan which dwarfs their annual salary in multiple fold. Even utilities bills and transportation sucks up 40% of your salary(under RM3K).

It is a nightmare buying a house, even with RM5K salary. Jobs are not permanent these days so it is foolish to have long term loan commitment which will drain your life.

Unless you are one who is fed by the government, don't even dream of taking FAT housing loans. It is not worth to sacrifice you entire life for an overpriced pigeon hole.

icecool

5,047 posts

Posted by icecool > 2020-09-11 20:10 | Report Abuse

we are in the middle of the storm. what do you expect ?

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