Serious Sinkies Homeowners Record Defaults

[Pinkieslut]

 

[bushtucker]

recession lai liao!

 

[jw5]

Typical sinkie behaviour - trying to buy things they cannot afford.

 

[laksaboy]

If you don't own the land, you 'own' jack shit.

You're a leasee.

 

[AhMeng]

Typical sinkie behaviour - trying to buy things they cannot afford.

Young people all now do not want to stay in HDB. All die die want condo. Got 10k pay bery heypi, quickly queue for condo taking 30y mortgage, then 3 to 5 years down the road, tio retrenched. Mortgagee sale lor. Lol

 

[AhMeng]

Typical sinkie behaviour - trying to buy things they cannot afford.

I think by this time next year, see whether private property sector got pasar malam or not. I am ready to go in after exiting HK. Just waiting for correct timing.

 

[tanwahtiu]

Negative interest rate is coming, better sell yr property now before is too late...

High property prices means banks is making new money charge u negative interest rate make sense for banks... u die yr biz...

Banks doesnt know where can find $1M to lend you with 30 yrs mortgage take too long locked their money in yr property doesnt make sense orso...

Bank is dead, now finance is here...

I think by this time next year, see whether private property sector got pasar malam or not. I am ready to go in after exiting HK. Just waiting for correct timing.

 

[Bad New Brown]

Housing loan is so difficult to pay off

 

[birdie69]

View attachment 65948

Not to worry, our garment has open the doors very wide to allow foreigners to own properties here. So, the property price will likely to continue to rise, even there is recession