What crap is that? USD has already crashed. Their overprinted US$ has flooded the world hence interest will remain low forever.
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Property prices. Crash coming?
- Thread starter palden
- Start date
What crap is that? USD has already crashed. Their overprinted US$ has flooded the world hence interest will remain low forever.
Have been receiving messages like this:
"Mr Buyer, Cooling Measure Discount! D10 D'Leedon 99 yrs, 36 storey (6 blks), fr S$13xx psf only! Mins to Farrer MRT, 3BR - 15%, 4BR - 12%, 1/2BR - 10%..."
"Mr Buyer, Cooling Measure Discount! D10 D'Leedon 99 yrs, 36 storey (6 blks), fr S$13xx psf only! Mins to Farrer MRT, 3BR - 15%, 4BR - 12%, 1/2BR - 10%..."
Not yet. When property price goes up like a rocket to the moon, and even taxi drivers become property price forecast expert advising you that property is the best investment that can never come down, that is a tell-tale clear sign of the crash is coming.
I got one too. But it is $1200. Willing to share commission some more.
They have forgotten 1976, 1984, 1991/2, 1997, 2007, they have short memories...at this rate, we are going, the same Queue that are there today, may be come one, with bowl in the hands waiting for their free gruel from the NGO's in the future. That future may come faster than we know, better be safe & prudent today to survive!
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At first say 2013. Then say 2014. Now it is 2015?
The singapore market is controlled. Government has indirect control on it based on the policy they have. It will only crash due to external forces that is still holding up because everyone is printing money.
The crash will only come when the foreigner influx is reversed. Thus far no sign of it. In fact the upcoming population white paper will basically guarantee net inflow of 100 to 150 k immigrants per annum for next two decades. Get ready for 7 to 8 mil people in 2030.
People coming here are economic refugees. If no job, you bring them, where got money to buy expensive house? Rich one still buy good properties in the world.
Actually true. Most pinoys and prc come here to look for jobs not invest. You think given the difficulty imposed by the govt they will choose rental instead? If this is the case rental should go up.
You shorted USD against which currency?
What is the market trend now? dollar/yen??
If the property market crashes, the PAP will be thrown out of office. So, the PAP will prevent a crash at whatever cost until after the 2015 election. Then, it will have 5 years for the market to recover.
Provided that our neighbor is not in deep trouble, read the news they are dicing with it, with their greed for money & so called brotherhood, their PM is visiting Gaza. the danger of a fallout will affect us.
