Quote:
Originally Posted by Unregistered
AJ,
Due to the huge oversupply coming, expect prices and rents to crash by 60%. Also be prepared to lose your job. If you are prepared, then you don't have to worry. If you are not prepared, better to sell off your property and deleverage.
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Hahahaha
Fed will keep low interest rates until 2016. Uk, EU and Japan still in money printing mode.
Every year 25k couples got married and go hunting for homes
Every year 50k foreigners arrive to Singapore shore to work
Many foreigners like andy lau and carina lau waiting at sidelines and ready to pounce once cooling measures are removed....
Most shrewd property investors still hold on to their properties as it is better than keep cash earning 0.3 percentage every year
MAS says full employment and 4% wage inflation, so how property crash 60%?