Rest Today, Run Tomorrow!

If you are a 游子, wanderer (I am not sure whether this term correct or not) like me, perhaps you may face this matter as well. If you have a group of friends, most probably you all will share a rental house & live together. But, in my case, I have been moving out during 2nd year until now. I have used to live with strangers (who becoming Hi Bye friends later on) and now, new housemates are moving in!

However, I felt not comfortable for this time. (Don't get misunderstand, both of the new housemates are nice and talkative. They are working adult and this place is just a sleeping hotel for them). The uncomfortable feeling solely because of my personal mind set - I actually hope to have my own house.

I have told my mum, cousin and some of friends that I wish to buy house in this year or probably next year, well, they seems like "pakat" already. The answer roughly same - "It is too fast for you (fresh graduate, young guy, etc) to have house now. What for you pay for the interest?"

So, I did search around house at Kantan Court and do some "home-works". From online, the price ranging from 120K to 190k. I have asked my cousins, who working at bank, regarding on the housing loan and etc. Well, this made me felt worst. You know why? I will tell you how's the loan works. (In case you never check on it.)
Let's say you are going to buy a house which values RM 200K, down payment 10% (RM 20,000) with 5% interest, 35 years installment, you need to pay RM 908.44 monthly! It means you have to pay total RM381.6K (35 years) to have your own house - nearly RM 202K interest (In other words, you are just paying for interest monthly). You can know more about this by downloading any mortgages calculator in iPhone or Android.

Besides, I guess RM 200K house in KL is not enough for a big family. Just like one of my new housemate, her family is staying at Kantan Court too. But, she has to rent another room, simply because the house is too small. You will know how's hard to buy a house (especially in Hong Kong), if you have watched this drama.
Gosh! How about car installment, insurance, home maintenance, foods and etc?! This is so sad. You may not catch up with the inflation. If you choose to rest today, you gotta run tomorrow (今天不想走，明天就要跑了). This is the truth, real world!!! =(
Price rise faster than your income - Inflation!
Just take another example, my cousin bought a double-storey landed terrace house RM 300K last 3 years and his house market value is RM 600K now. Average, his house price raised RM8,333 per month. Will your income raise as fast as the house rates? I doubt it.

Some people will say "Don't aim so high la", "Don't so choosy laaa", etc. Well, it's all depend on your decision. Add oil, to you and to me! =)

Listening to The Piano Guys when I was blogging for this post. Beethoven's 5 Secrets - OneRepublic (Cello/Orchestral Cover) is one of my favourite songs. Heavenly good. =D