Quote:
Originally Posted by Unregistered
Stock market fell in recent years, usually property will follow. So I am waiting for fire sales when overleveraged pple get burnt by high interest rates to go in and buy.
If I buy property now and it drops, banksmay margin call and ask me to top up cash. Ever happened before and heard pple were commiting suicide jumping off buildings.
Now with ocr properties selling at more than S$2000 psf, I think those pple who buy are at risk.
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Sg govt has more control on property market
They will cancel ABSD and other taxes.
Sg govt always supports prop prices in sg.
Prop is heart and soul of sg economy.