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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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