Quote:
Originally Posted by Unregistered
This is true when the population is young and the country is quickly advancing from developing status to developed status. After that, most of the available land is almost used up, the population starts to aged, growth starts to slow down...and then of course, property price can't increase in price as before. I am thinking as the population aged and when the world economy stalled in the next 10 years, when everybody try to rent out for a passive income, I see that there might even be a problem getting easy rental income.
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Yes, too many people buying second property for investment. We should ban
HDB owners from owning private property. They should sell their
HDB flat when they buy private property. This will prevent an oversupply in the property market.