[happy]

Hope that we will not see the same thing happening in Singapore Property market

https://seekingalpha.com/article/4553122...-than-2008

Summary

• The number of privately-owned housing units under construction in the US is at an all-time high of more than 1.7 million as price declines accelerate.
  
• Who's going to buy all of these houses with mortgage rates of 7.3%? At current prices - people really can't, indicating the need for some serious price reductions.
  
• Housing demand is tanking while supply is about to soar. Real-time home prices are now falling at a faster rate than the 2008 housing crash.
  
• This could be one of the biggest housing crashes in history.
  

[p1acebo]

Are you the chiobu H4H’s sibling?