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anon
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« on: 15 November 2009, 17:01:15 pm » |
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its clear the government is very concerned abt property prices. Why would speculators want to bet against the government?
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ExpatSingapore Message Board
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« on: 15 November 2009, 17:01:15 pm » |
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they believe
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« Reply #1 on: 15 November 2009, 18:26:07 pm » |
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they believe there are Big money$$ to be made by speculating FASTER than the government's next price dampening measures  |
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What speculators?
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« Reply #2 on: 15 November 2009, 18:55:50 pm » |
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People need a place to stay.
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to PP
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« Reply #3 on: 20 November 2009, 21:45:40 pm » |
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No, they stay in their HDBs. They buy over-inflated condos thinking that they can fleece the foreign talent to pay off their mortgage, and make a quick buck when the property prices double because there's an IR down the road.
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Unless
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« Reply #4 on: 20 November 2009, 23:05:24 pm » |
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No, they stay in their HDBs. They buy over-inflated condos thinking that they can fleece the foreign talent to pay off their mortgage, and make a quick buck when the property prices double because there's an IR down the road.
you are camping along the East Coast beach or renting a HDB, you are officially paying for your landlord's property. |
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Blaze
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« Reply #5 on: 21 November 2009, 0:18:23 am » |
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"you are camping along the East Coast beach or renting a HDB"
What are you talking about?? Most people are owner-occupiers.
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Blazing the trail
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roflmao
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« Reply #6 on: 21 November 2009, 18:22:49 pm » |
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They buy over-inflated condos thinking that they can fleece the foreign talent to pay off their mortgage...
I wonder why they would think that....oh wait, it`s because that`s what they have been doing for 20 years... |
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To Blaze
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« Reply #7 on: 21 November 2009, 23:39:01 pm » |
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"you are camping along the East Coast beach or renting a HDB"
What are you talking about?? Most people are owner-occupiers.
We believe you that most FT are owner occupiers and don't rent. |
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Blaze
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« Reply #8 on: 22 November 2009, 2:08:48 am » |
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"you are camping along the East Coast beach or renting a HDB"
What are you talking about?? Most people are owner-occupiers.
We believe you that most FT are owner occupiers and don't rent. Read the OP, we weren't talking about FT's, but speculators and goverment measures. Most people here are owner-occupiers. |
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Blazing the trail
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Vulcanl
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« Reply #9 on: 22 November 2009, 12:11:41 pm » |
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"...its clear the government is very concerned abt property prices. Why would speculators want to bet against the government?..."
Clearly the government has been effective in cooling down any unwarranted appreciation. We have Kubes to thank. If it wasn't for his incessant rambling about muppets and other assorted characters I am not sure anything would have happened.
Kubes - you ARE the man!
Kubes rules
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To Blaze
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« Reply #10 on: 22 November 2009, 21:07:00 pm » |
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No, they stay in their HDBs. They buy over-inflated condos thinking that they can fleece the foreign talent to pay off their mortgage, and make a quick buck when the property prices double because there's an IR down the road.
I am referring to the above comment.. |
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RT
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« Reply #11 on: 24 November 2009, 10:25:24 am » |
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govt got to be very careful when handling the property market. needjerk responses or quick solutions and all-too-frequent interventionist policies will obviously have effects and cud negatively boomeranged instead of achieving what it set out to achieve. the engine of growth whether we like it or not, is very much tied up to a larger extent with the property market. what happens in the property market affects other industries and businesses and employment and ultimately the economic standing of the country. if property prices plummet, needless to say there will be negative repercussions across the board. on the other hand if it goes uncontrollably upwards there will also be negative effects. to maintain systematic, predictable and wholesome growth will not be easy task for the economy forcasters and managers. you need shrewd and above average thinking to stay ahead.
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Intervention
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« Reply #12 on: 24 November 2009, 13:01:55 pm » |
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govt got to be very careful when handling the property market. needjerk responses or quick solutions and all-too-frequent interventionist policies will obviously have effects and cud negatively boomeranged instead of achieving what it set out to achieve. the engine of growth whether we like it or not, is very much tied up to a larger extent with the property market. what happens in the property market affects other industries and businesses and employment and ultimately the economic standing of the country. if property prices plummet, needless to say there will be negative repercussions across the board. on the other hand if it goes uncontrollably upwards there will also be negative effects. to maintain systematic, predictable and wholesome growth will not be easy task for the economy forcasters and managers. you need shrewd and above average thinking to stay ahead.
The idea is to slow the growth in prices with a view of sustainability. The regional markets are going up, hard for property here to go the other direction. |
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was is
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« Reply #13 on: 25 November 2009, 1:01:52 am » |
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STI is on the up.
Indeed it wouldnt make sense for property to be going down.
Do the math.
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