Salary.sg Forums - View Single Post - On Margin Call for Property
View Single Post
  #31 (permalink)  
Old 08-11-2011, 05:22 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hello, first thing first, did Mr. Mah lose to opposition? I think Mr. Khaw is better, so price will continue to shoot up.....................

Away from these political figures, look at the situation now, US high unemployment, Europe on the brink of recession (thanks to Greece and now, Italy). Our price is stablizing. Now, if by a small chance, the economy is improving in both states. What do you expect the price will head? Confdence level will be towards Asia countries. Which countries are safe to invest?
Well, the other argument is that income has not grown as fast as housing prices, implying young people are finding it hard to afford a roof.

Take another example. Car prices are now beyond the reach of normal wage earners, shattering many dreams. Young people basically have nothing to look forward to.

Reply With Quote