Take a look at our environment around, no matter you lives in Johor or Penang, look at our society now. Chances are 9 out of 10 people are looking at their cellphones and not talking to each other like we used to do 10 years ago.
Ask your relatives or check out your friend's family tree. Do they have big families living together now? ( Chinese people used to have few families living together in a big house.)
If you are keen on the trends, you can know that the generation nowadays tend to keep to themselves in term of their social life. Most of them are talkative, but only to people they know. They have a lot in their mind but they speak to no one.
As mentioned in this article by Forbes , generation nowadays relied on e-mail, text messaging, instant messaging, or social media to reach others on the job and in their daily lives.
So what does it has to do with property investments?
The big families that used to stay in one house now has to break down into 3 families for 3 houses. Their offspring that most likely doesn't like to talk much would prefer to stay on his own. So he moves out, buying a house or renting one if he can't afford to buy yet.
Demand for houses will always be increasing. Yes, it may be oversupply of house properties in Penang right now, but will the land of Penang become larger over time? Will it enlarge as fast as the population growth?
Believe me, property investments are one of the less-riskier but high-return investments out there, provided that you did your homework well and did not overpay for your property.
Happy learning and investing together!
W.
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