The increase in interest rate really hurts......

[Hafi]

Unlikely. The government will never allow property to crash. There are tax tools such as BSD and ABSD, supply side tools such as GLS and HDB/EC MOP, and financial tools such as LTV to play with.

what about credit crunch and banks liquidity crisis which has nothing to do with what you said but is going to happen? You only think within a boundary but never consider worldwide factors.

Banks can recall loans... they underwrite their mortgage T&Cs, no problem turning it into their flavor.

 

[Roundtreex]

Should bury this thread in a time capsule and open it in 5 years time

Good to have doom and gloom in edmw because it will go opposite. The curse of edmw..

 

[tuxguy]

Any fire sale yet? No fire sale no talk

 

[andyhtc]

what about credit crunch and banks liquidity crisis which has nothing to do with what you said but is going to happen? You only think within a boundary but never consider worldwide factors.

Banks can recall loans... they underwrite their mortgage T&Cs, no problem turning it into their flavor.

If Singapore's big 3 banks have a liquidity crisis, the major banks in the world would have collapsed. You will see depression and WW3 already.

 

[Alibeckham]

Bottom line is: who ask you all loan so high and long? Because all wanna act atas and stay condo, and self justify that the new launches price damn Wu hua.. have fun paying then..

 

[Shdwfalcon]

Why only the women?

Incidentally women no compulsory NS and have aware and women charter...

Good question, why only the women?

 

[Shdwfalcon]

what about credit crunch and banks liquidity crisis which has nothing to do with what you said but is going to happen? You only think within a boundary but never consider worldwide factors.

Banks can recall loans... they underwrite their mortgage T&Cs, no problem turning it into their flavor.

The world banks will crash first before DBS, UOB, and HSBC crash in Singapore. We are just that small.

 

[crazycow]

Bottom line is: who ask you all loan so high and long? Because all wanna act atas and stay condo, and self justify that the new launches price damn Wu hua.. have fun paying then..

Hope the price crashes and make all of them suffer

 

[Plow98]

Like that better sell earlier before demand drop

Interest rates will go up and up.
Sale price of property will go down and down.
That's natural.
.
Defy that?
Unnatural.

 

[kyokoto]

Bottom line is: who ask you all loan so high and long? Because all wanna act atas and stay condo, and self justify that the new launches price damn Wu hua.. have fun paying then..

Some kena played out by property agents, obviously cannot afford still buy. Do you all still remember an article showing that if income 10k can own $1.6m property? Hahaha siao!

 

[kyokoto]

Still relevant? Hahahaha