This underscores the strong consumerism movement and how it is promoting buying frenzy among the young and old alike.
The list of “must haves” is growing longer and it is not surprising that many of the items are actually status symbols.
One of the most easily replaceable items include mobile phones and other tacky communication devices. The big rush for Apple’s new iPad 2 is a good example of how much headway these tacky gadgets are having a hold on the people.
Even though it has been more than a month since its release, there is still a long waiting list for this latest tablet computer. Just try to place a booking for one with an authorised distributor in Kuala Lumpur and you’ll know what I mean."
Read full article by Angie Ng here
My comments is:
- I did want a bigger home when I retire. But now when you know that the fact most of the home in a mature housing estate lived by old and single, I rethink! Do you really need the space after all or just a symbol of status.
- Conspiracy theory between the bank and the developer! Any price will do as long there is a loan. Learn what is happening in America! I like the way American is walking away from their housing loan.
- For ages, the adage in property investment, "always appreciate ma" but Here's The REAL Long-Term Return On Owning A Home written by Harvard researchers.
Be informed, not just listen to suggestions made thru the media!