If housing loan go back to historic average of 5%..what happens? - Printable Version +- SG Talk (https://sgtalk.net) +-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk) +--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk) +--- Thread: If housing loan go back to historic average of 5%..what happens? (/Thread-If-housing-loan-go-back-to-historic-average-of-5-what-happens)

If housing loan go back to historic average of 5%..what happens? - sgbuffett - 06-05-2022 Above is 3 months SIDOR based on this we can see historic housing loan average is around 5%. Today people are buying $1M property like it is nothing...but 1M is price of HDB ...condo is like $2M for a family size unit. At 5% interests is $50K-75K a year depending on how much you borrow. Don't you think rising rates has ab impact on housing price? RE: If housing loan go back to historic average of 5%..what happens? - drgn - 06-05-2022 what if 8% ???? RE: If housing loan go back to historic average of 5%..what happens? - Ola - 06-05-2022 It will slow down the purchase of house Less property speculation Will make HDB KBKB But the poor people have more rooms to rent out RE: If housing loan go back to historic average of 5%..what happens? - Niubee - 06-05-2022 3% and property will kaput. Prepare buy from loan delinquent RE: If housing loan go back to historic average of 5%..what happens? - A2Z - 06-05-2022 "Honey, I shrink the kids" - shoebox size becomes mouse box size. RE: If housing loan go back to historic average of 5%..what happens? - mikotan - 06-05-2022 dont buy physical properties if crash, buy property stocks instead. can cash out much faster!! RE: If housing loan go back to historic average of 5%..what happens? - cwc29 - 06-05-2022 Just email bank to pay off my car loan…