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When to Buy a House?( Part 2 – The best time to buy a house)
For many people, buying a house means tying one’ s self to a monthly mortgage repayment for the next 10, 15 or perhaps 20 years. Houses are expensive items, and in a volatile market, a slight up or down swing could mean a difference in price of tens of thousands of Ringgits. The research team found that when prices are rapidly moving up, the waiting game could mean that one will end up paying more for a much higher price. When prices are dropping, one may suffer similarly if a property is bought too early. Logically, now is the period to consider buying.
A research report by UTAR
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