Then again, the government seems to be backtracking a little. Maybe they realize they have a crisis on their hands; that's why they introduced the Progressive Payment Scheme.
But the rapid rise of property prices, starting from '07, was mostly the fault of stock investors diversifying into property. They abused the Deferred Payment Scheme to make quick bucks, and it's traders more than the government that we should blame.
Well, that and the foreign influx...
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