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  #10029 (permalink)  
Old 27-05-2016, 08:26 AM
Posts: n/a

Originally Posted by Unregistered View Post
They should let the property market crash 30-50% first before removing the CM.
If the property collapse by 50%, the financial system and economy will collapse too. There will be many people and companies going bankrupt. YOU will lose your job and home. You will be jobless for a long time.

So, be careful what you wish for. Don't be like the idiot who said COE will crash to $10k.

The economy is now weak. Time to remove the property CMs. First, remove ABSD for PRs and foreigners for FIRST property. 2nd property and more purchase for investment (for all groups including Singaporea citizens) should stay as this is speculative purchase and lead to oversupply.
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