SG Talk

The night is still young.
5 Trillion printed USD. Only collected back 206 Billions. How much do you expect the rate to rise? 5%, 7% or 10% to tame the inflation monster.

Dont forget 5Trillion is the printed USD, you still havent factored in the leverage multiplier.

Once SGD started to depreciate more against USD, property speculators will also dump SG property.

1 in 3 means 33.3333…. % home owner will kenna 

(22-10-2022, 01:16 PM)Tangsen Wrote: [ -> ]1 in 3 means 33.3333…. % home owner will kenna 

333,000 affected

.
Ask CPF Board whether can do reverse mortgage for HDB?

(22-10-2022, 12:39 PM)sogo Wrote: [ -> ]https://www.straitstimes.com/singapore/p...-alvin-tan

1 in 3 commit suicide

(22-10-2022, 06:50 PM)Scythian Wrote: [ -> ]1 in 3 commit suicide

(22-10-2022, 03:23 PM)Scythian Wrote: [ -> ]333,000 affected

But 3 in 10 owns more than 1 house

So even if 1/3 lose their house, maybe only half affected

No big deal 

Nearly 3 in 10 Singaporeans own more than one house | Singapore Business Review (sbr.com.sg)

(22-10-2022, 01:16 PM)RiseofAsia Wrote: [ -> ]Dont forget 5Trillion is the printed USD, you still havent factored  in the leverage multiplier.

Once SGD started to depreciate more against USD, property speculators will also dump SG property.

U never see pap dumping USD to save sgd meh?

(22-10-2022, 06:37 PM)Scythian Wrote: [ -> ].
Ask CPF Board whether can do reverse mortgage for HDB?

Why cpf 2.5%. knn eat ppl.

It means 66% of properties owned by the rich that doesn't require any mortgage.