tag:blogger.com,1999:blog-6297413898275266606.post9198626423257068561..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: Are We Creating A Malaysian Sub-Prime Market?hishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6297413898275266606.post-34377469730166030132012-12-29T01:24:50.451+08:002012-12-29T01:24:50.451+08:00@ only Kye,
The one who told you not to worry wan...@ only Kye,<br /><br />The one who told you not to worry wants to sell you something.<br />In Malaysia, politicians control and own the banks by proxy. The easiest way to rob a bank is to own one. Kuching Guynoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-67311657269462448922011-08-15T14:55:52.150+08:002011-08-15T14:55:52.150+08:00Hi,
Not true that you can only have one credit ca...Hi,<br /><br />Not true that you can only have one credit card - BNM regulates this by imposing a RM50 per card.<br /><br />Second - most housing demand doesn't (and shouldn't) come from new graduates. Most can't afford to buy homes (low incomes and lower savings), and this isn't something new. Trying to overcome this reminds me of Canute trying to order the tide to go back. All hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-54903292444909723832011-08-15T09:17:07.643+08:002011-08-15T09:17:07.643+08:00Very thoughtful and thought-provoking post. I'...Very thoughtful and thought-provoking post. I'm no economist, but common sense (and perhaps a sensible upbringing?) has always taught me that you should only buy what you can afford. And that wisdom should be applicable for both immediate and long-term purchases. <br /><br />I've contemplated the whole 'bubble burst' scenario in Malaysia, and I've been told to think otherwise Only Kyehttps://www.blogger.com/profile/03364828175388684818noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-84618829424561747912011-02-21T09:25:13.539+08:002011-02-21T09:25:13.539+08:00Cool post - though I'm not sure that 100% home...Cool post - though I'm not sure that 100% home ownership is necessarily desirable. I worry less about the risk to the banking system (MBSB and BSN aren't in the TBTF category), as I am about loading low-income people with potential debt. Especially since there's the question of whether property in itself is a desirable asset class to sink so much financial resources into, when we havehishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-10548099045162623302011-02-18T14:56:30.598+08:002011-02-18T14:56:30.598+08:00hi bro hishamh
Proper collateral management shoul...hi bro hishamh<br /><br />Proper collateral management should help mitigate the risk, have a look at <a href="http://satdthinks.blogspot.com/2008/11/napic-google-earth-crisis-prevention.html" rel="nofollow">this</a> for a consolidated framework to build a "Public" Infra to assist the banks.satDhttps://www.blogger.com/profile/03495554463280249599noreply@blogger.com