[Tangsen]

Exactly what I trying to tell all those friends and relatives kena brained washed by property agents. They said hedge against inflation. But if no money to service loans, and no good rentals to cover backside, what hedge ? You will be losing more like kenna paying higher interests rates, and more loans to pay interests rates, and dig from mother’s coffin funds to pay property tax. The properties for investment by now, they should know is for the super rich. If you earning enough to just pay for your own house and living expenses, don’t dream of it.

Because property salesperson is just like car salesperson …. uneducated. If you ask a CPA accountant they will ask you did you consider, mortgage loan, stamp duties, ABSD, lawyer fees, monthly maintenance, property agents commissions & etc …. all these will eat into your gains