By right more discussion is good.
But for property it is very hard to discuss with a fully open mind. For some of us who have benefited so much, we can only see the good and how to navigate the tricky situations.
For some of those who have other ways of investing, they remain convinced that everytime the property price is high, and the next bad thing is going to happen. It's either a recession coming or interest rate spiking or something colossal. They may be proven wrong for 10 years but they always have another 10 years to wait for the disaster scenario.
We see they miss the boat, they see the boat sinking.
The other thing is even if I see it as a good time to buy, what to buy is the more important question. Even in the worst of times, there are those who benefit from buying the right thing. So I do find it hard to state simply if it is a good or bad time to buy.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.