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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Horgad who wrote (146213)	2/22/2019 4:33:12 PM
From: TobagoJack	Respond to of 219871

my in-laws split their time 50/50 between expensive HK and value-packed Penang of Malaysia their hovel in HK is ~1,800 soft, with ocean view, in low-density locale, close to nice-enough places, and their life revolve around the mother-in-law teaching piano at ~US$ 185 per 45 min and she accepts 6 deserving students per week, going to exercise at some club, cooking as a passion, and the father-in-law dabbling in this and that, but mainly collection rent and tallying dividends. Guessing their HK monthly expense to be ~US$ 4,000 (incl 500 management fee for home owner inc), not counting the attributable rent. Attributable rent ~10K per month. Malaysia is now supposed struck by deflation, ostensibly a good thing, even though Malaysia is not expensive to begin with. In-laws all-in expense in Malaysia is ~US$ 2,600 (helper, food, incidentals, apartment management fee, shared driver, etc etc all-in). The place is ~ 3,500 sft full-ocean view, with complex-ed in mall, marina, health club, multiple pools, etc etc of attributable rent ~US$ 1K per month. am wondering what the central banks are afraid of when they fear "deflation". why fight something that is good? bloomberg.com Malaysia Hits Deflation for First Time Since 2009 Global Crisis Yudith HoFebruary 22, 2019, 12:19 PM GMT+8 Malaysia’s economy swung into deflation in January for the first time since the aftermath of the global financial crisis in 2009 as fuel prices dropped. Consumer prices declined 0.7 percent from a year ago after hovering below 1 percent in the previous seven months, according to the statistics department. The median estimate in a Bloomberg survey of 21 economists was for a contraction of 0.4 percent.