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Old 05-09-2013, 10:37 AM
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Originally Posted by Unregistered View Post
Luckily I have sold my properties and now staying in my parent's GCB. I also hoping the market will crash by 50% so that I can buy a GCB. The coming huge oversupply will crash the market unless HDB disallow renting HDB flats whole unit and bring in more new rich citizens to absorb the oversupply. Then FTs no choice but to rent private and this will support the private rental market. I hope this will not happen. Please crash.
I think everyone here is hoping for property and stock market to crash, badly...
So that they are able to buy it during the low cycle. But be practical, when the market crash and property slump 50% and meet your target entry price, you may not buy it. Because you will be worried about your job stability, income, whether you can afford it if you lose your job. So to be frank, it doesnt affect much, only the super rich investor.
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