Wednesday, August 20, 2014
Homes for Living, Not for Profits
This image from a video footage taken off malaysiakini says it all. This is what happens when investors start to dabble in people's housing. I have known some people who has bought entire rows or floors off low or middle cost flats and then sells or rents it off with a decent yield. This is not only unethical, it puts us property investors all in a bad light. The problem is then, the government who knows nothing about properties start to impose all sorts of blanket rulings to curb speculations affecting even those high end properties that we invest in.
So, invest ethically so that we can continue investing...