Salary.sg Forums - Reply to Topic
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Investments and Net Worth > Why agents like bull market

Investments and Net Worth Talk all about money making exploits, shares, property and building net worth




Salary.sg Forums

Thread: Why agents like bull market Reply to Thread
Your Username: Click here to log in
Human Verification To prove you are a human and not a computer program that spams, please check the box below and answer any further questions if prompted.

Title:
  
Message:
Post Icons
You may choose an icon for your message from the following list:
 

Additional Options
Miscellaneous Options

Topic Review (Newest First)
27-07-2009 04:36 PM
Husky
Quote:
Originally Posted by davidtan View Post
By most accounts, the bull market is back, to the delight of property agents. If you are familiar with their tactics, you should know that whether it's bull or bear or fish, they will tell you it's always best to buy NOW. And if you haven't noticed, the "experts" are all claiming that prices will trend higher and higher. Why? So that kiasu Singaporeans will continue buying, afraid of losing out on the "bargain" deals now. I'm afraid there's already a bubble now.
Yup. My colleague was just telling me I should get my flat soon, before prices rise further. According to her, the "experts" are saying prices will rise even more as what davidtan has mentioned.

I think there is a limit to how big a bubble can grow before it bursts. And all bubbles will eventually burst.
26-07-2009 04:02 PM
Unregistered Agents like any market as long as they can make money. When people are dumping properties in the asian financial crisis, agents also make a lot of money. What they are afraid of is a super quiet market with few transactions.
25-07-2009 04:43 PM
davidtan
Why agents like bull market

By most accounts, the bull market is back, to the delight of property agents. If you are familiar with their tactics, you should know that whether it's bull or bear or fish, they will tell you it's always best to buy NOW. And if you haven't noticed, the "experts" are all claiming that prices will trend higher and higher. Why? So that kiasu Singaporeans will continue buying, afraid of losing out on the "bargain" deals now. I'm afraid there's already a bubble now.

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off




All times are GMT +8. The time now is 04:44 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2