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How come Singapore property buyers still cheong 2000psf property? Seems to be warning signs popping up all over.
https://www.forbes.com/advisor/mortgages...ptember-8/
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(14-09-2022, 08:17 AM)sgbuffett Wrote: How come Singapore property buyers still cheong 2000psf property? Seems to be warning signs popping up all over.
https://www.forbes.com/advisor/mortgages...ptember-8/
Property is the preferred investment class it seems. Most landlords increasing rental rates by at least 50%.
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Good to cool down property prices in the US and elsewhere. It is just way too high... Not affecting those existing already taken property mortgage on 30-year loan.
![[Image: Screenshot-2022-09-14-084121.jpg]](https://i.ibb.co/CQXW4vc/Screenshot-2022-09-14-084121.jpg)
(This post was last modified: 14-09-2022, 08:54 AM by
teaserteam.)
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The US is finished and done.
If you are still in US markets now, get out by tonight.
(This post was last modified: 14-09-2022, 08:50 AM by
Alice Alicia.)
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(14-09-2022, 08:42 AM)teaserteam Wrote: Good to cool down property prices in the US and elsewhere. It is just way too high... Not affecting those existing already taken property mortgage on 30-year loan.
There is a bubble forming if the yield does not support the investment. The property market without any Government controls will always fail eventually.
![[Image: Screenshot-2022-09-14-090118.jpg]](https://i.ibb.co/F45sc02/Screenshot-2022-09-14-090118.jpg)
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