Quote:
Originally Posted by Margin call yr head
What margin call and market crash, please...............................
Look at the current bidding of the developer, are they not bidding? May not be so aggressive, but things are still moving. Come on.
Wait till the market crash, I think my grandson will graduate.
Do you think Government will allow such things to happen, so many ppl buying up BTO, EC and building so many condo (99 yrs)? You think Government wants social unrest.
The most price will maintain as it is, it won't crash. You guys must be crazy. Overseas buyers are snapping up our local properties, why they wait for you to snatch when market crash, crazy.....
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Price definitely will not crash to dirt cheap unless war, social unrest, disease...
But correction is the right word.
Maybe drop max 50% from the current price. Is this consider crash or correction??
It happened before 2007 for those who purchased high price in 1997. And happened in 2008 for those who bought in 2007.