Overheard at a restaurant: “Rents are so low now that I should just sell the place. Would I continue to accept rental income if I could get a higher yield by selling the property and putting that money in FD, even at 1.75% to 2%? The remaining one-third difference could yield different benefits, depending on what it is spent on: education, vacations or the finer things in life. There are merits to home ownership and not everyone wants to live in neighbourhoods where property prices are north of RM1 million. That does not mean it is no longer important for policymakers to make sure there is enough supply of affordable housing.

Source: The Edge Markets April 20, 2021 08:03 UTC