Once upon a time, buying a house at a young age was seen as a security for the future. You could hear from all around you, “Buy a house now; it will be useful later.” Many people decided to go from showroom to showroom out of fear of missing out on this FOMO, or fear of missing out on an opportunity.
In the same way, a young woman settled on a housing project in Kuala Lumpur. Islamic design, separate gym facilities, beautiful community mosques, and relatively affordable prices—all of which made the project seem like a dream come true for her.
The Beginning of the Dream
The project’s location in KL city created optimism about the future. She said that taking a bank loan along with the salary of the job seemed easy at that time. At that time, the enthusiasm of youth did not fully understand the depth of long-term commitment.
As a result, decisions were made quickly, with little thought. At that time, it seemed that everything would be fine with time.
A Long Wait
But reality gradually took a different form. The project, which was supposed to be completed in 2022, is still under construction even after seven years. It became mentally tiring not to see visible progress despite paying installments month after month.
Along with this, the pressure of progressive interest continues to increase. Although the possible time to get the keys is said to be 2026 or 2027, uncertainty takes over instead of hope.
Mental Stress
This delay has a big impact not only financially but also mentally on her. Children’s school admission and future housing plans—everything is thrown into uncertainty. Still, it is not possible to close the loan, because the bank has already released the money to the developer.
As a result, there is no other option but to continue paying the installments. In this situation, many feel helpless.
Warning Message
Sharing her own experience, she warns the younger generation. Especially those in their 20s and 30s who are going to buy a house due to social pressure or family pressure, she advises them to think about their long-term responsibilities.
She reminds that incomplete projects mean not only delay, but also that many decisions in life are stuck. A house can be an asset, but if it is wrong, it can also be the cause of downfall.
Social Media Reaction
When this experience was shared on her thread, many people shared their stories. Some say that’s why he always gives priority to a complete house, even though the price is high.
Others say that the house his father bought is not finished even after a decade, but he still has to pay off the loan.
Some comment that the entire family has had to live in a rented house by relying on the wrong developer.
Many agree that reality, not emotion, is the most important factor in the decision to buy a house.
Watch the post here.
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