FYI...during the housing boom here in the US many people spoke about every increasing home prices. Many thought home prices could never go down. Until they did.

If it seems like it is impossible for home prices to continue to go up then they probably will stop going up at some point, although the rising prices can continue for a lot longer than you think possible.

I'm wondering if Malaysia is feeling the effects of the US FED which flooded the market with US dollars after the crisis. The Malaysian central bank holds US dollars as its foreign exchange reserves. In order to keep the ringgit from rising against the dollar the Malaysian central bank will print up ringgit to purchase dollars which suppresses the value of the ringgit. This has the effect of artificially lowering interest rates as ringgits become readily available leading to a boom - the boom being in real estate. Just a hunch.

Is the dinar in Kelantan getting much attention in Malaysia? This is starting to make a little news here.

FYI...during the housing boom here in the US many people spoke about ever increasing home prices. Many thought home prices could never go down. Until they did.

If it seems like it is impossible for home prices to continue to go up then they probably will stop going up at some point, although the rising prices can continue for a lot longer than you think possible.

I'm wondering if Malaysia is feeling the effects of the US FED which flooded the market with US dollars after the crisis. The Malaysian central bank holds US dollars as its foreign exchange reserves. In order to keep the ringgit from rising against the dollar the Malaysian central bank will print up ringgit to purchase dollars which suppresses the value of the ringgit. This has the effect of artificially lowering interest rates as ringgits become readily available leading to a boom - the boom being in real estate. Just a hunch.

Is the dinar in Kelantan getting much attention in Malaysia? This is starting to make a little news here.