Quote:
Originally Posted by Unregistered
Property market will be in a downtrend for many years. HDB resale flat prices could be lower than today's price in 20 years time. We are in a deflation environment. With massive oversupply and no demand and not many new FTs coming, property market will surely go down unless there is a reverse in policy, more immigration, more FTs coming. |
How much was a 5 rooms
HDB flat 20 years ago? Higher than the present price?
So 20 years down the road, similar trend prevails.
Short term may be slightly up or down. Long term is always up!!!!!!!!