Its already the forth day of CNY

And here i am blogging in the noon, thxs to the CHAR BO that ffk me... ishk.. make ppl tukar baju tapi ckp cancel.

Anyway, a random thought of, the cost of living has been increasing drastically ...

And i am sure that most of u would agree too.

We often hear, minyak naik semua naik, gaji tak naik.. the famous quote that we can hear everytime there is an increase of prices for petrol..

But everytime they complain, did they ever thought that we children ( :) ) too are wondering, with the rising of living cost, did our parents forgot to add up the inflation rate when giving us the red packet ? :P haha ... just wondering if anyone of u have thought of it, perhaps they forget to put inflation into the factor while packing the red packet

But no doubt that everything today is so expensive, take a normal 2.0 cc car for example would easily cost u above 100 k... a normal double storey house, especially in Setia Alam would have cost u anywhere between 3xx to 4xx k,

So how would a fresh grad with a basic of 1800 or even 2200 survive? unless u are coming from a more financially stable family, which can afford to give u a car during ur college days, where u can continue using it after graduating..
and this definitely does not apply on me .. i dare say.. it would be starting from zero

Talking about houses, prices of houses at setia alam is definitely being speculated.. prices have been 'goreng' by those wealthier ppl , those aiming to earn a quick money by just exchanging hands..

And i believe its gonna be another dot com bubble like what happen in the late 90's early 20's..

We can already see the effect of property bubble burst in aus in us and in other country, and its only a matter of time before such effect happens, and IMHO, those who are planning to buy to continue speculating, would definitely have a roller coaster ride with their hard earned cash :)

And the million dollar question now would be, when?

All i can say is, lets just hope it happens in the next 4 years, where i think, by the time, most of us would be at the time where buying a house would be on our list.

Starting from zero.

I always say that, during our parents time, we can start from zero, but definitely now...

Why? Those days, u dont need education and u can still make a fortune by venturing into a new business..

But not today, everything is already FIXED..

We chinese can only earn chinese money....

Take an example, every morning when we get up we drive a car, whose AP are we using? the Bumis, when we drive on the road, whose the one getting the contract for constructing the road?
When we pay toll, whose the one getting the license? The Bumis

Its sad but thats the ugly truth we have to face..

I wouldnt say it is not possible to be successful without education today, u can be too, if ur dad is rich and can afford to give u one lump sum of money to start with your own business.. than its possible...

but what i meant here was starting from zero...

teenagers should be our target market i would say if one would be starting up a new business..

look at their expenditure, we are the one doing most of the spending, from buying the latest gadgets to spending on luxury good, and cafes, and clubs....

Starting from scratch is something so.....................................
haiz , dont reli feel like blogging about this issue... plain boring :(

Anyway talking about starting from scratch. even if u have successfully started from the scratch last time, doesnt mean u can hold on to it for a long time

take a look at 2 famous player in the construction market, SP setia ( which is under liew ) and Sunrise which used to be under the Tong family.. sunrise is no new player towards the development of high rise building... Mont Kiara today was developed by??????????

But if we were to take a look at the scenario today, who is the major shareholder of both sp setia and sunrise?

If the gov keep on amending the law, sooner or later all big corporation will be falling into the hands of our lovely bumiputera..

chaoz

life is just so 'FAIR'