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Old 30-11-2011, 09:17 AM
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Originally Posted by Unregistered View Post
You are comparing now to 2009? Now is like 1H2007. Economic downturn looms in the background but the actual impact have yet to be imported into SG.

Wait for the "2009" moment to come again. Property prices have not fallen but the rate of increase is slowing down. Look at the FSSTI, it went from almost 3,000 at end of 2010 and now is 1,600.

If property prices fell in 2009, why won't it fall this time around? What's the difference?

There are only 2 groups of people in this world: those with guts (inside) and those with guts (spilling out). Your advice below is of no help to anyone either.
Which FSSTI are you looking at? Is it this one:
FTSE Straits Times Index (FSSTI:IND) Index Performance - Bloomberg

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