1 in 3 home owners with outstanding mortgages affected by rising interest rates - Printable Version

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+--- Thread: 1 in 3 home owners with outstanding mortgages affected by rising interest rates (/Thread-1-in-3-home-owners-with-outstanding-mortgages-affected-by-rising-interest-rates)

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1 in 3 home owners with outstanding mortgages affected by rising interest rates - sogo - 22-10-2022

https://www.straitstimes.com/singapore/politics/1-in-3-home-owners-with-outstanding-mortgages-affected-by-rising-interest-rates-alvin-tan

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RE: 1 in 3 home owners with outstanding mortgages affected by rising interest rates - RiseofAsia - 22-10-2022

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.

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RE: 1 in 3 home owners with outstanding mortgages affected by rising interest rates - RiseofAsia - 22-10-2022

https://wolfstreet.com/2022/10/06/feds-qt-total-assets-drop-by-206-billion-from-peak/

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RE: 1 in 3 home owners with outstanding mortgages affected by rising interest rates - RiseofAsia - 22-10-2022

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.

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RE: 1 in 3 home owners with outstanding mortgages affected by rising interest rates - Tangsen - 22-10-2022

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

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RE: 1 in 3 home owners with outstanding mortgages affected by rising interest rates - Scythian - 22-10-2022

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

333,000 affected

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RE: 1 in 3 home owners with outstanding mortgages affected by rising interest rates - Scythian - 22-10-2022

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

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RE: 1 in 3 home owners with outstanding mortgages affected by rising interest rates - Scythian - 22-10-2022

(22-10-2022, 12:39 PM)sogo Wrote:  https://www.straitstimes.com/singapore/politics/1-in-3-home-owners-with-outstanding-mortgages-affected-by-rising-interest-rates-alvin-tan

1 in 3 commit suicide

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RE: 1 in 3 home owners with outstanding mortgages affected by rising interest rates - bobby - 22-10-2022

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

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RE: 1 in 3 home owners with outstanding mortgages affected by rising interest rates - Ola - 22-10-2022

(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)

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RE: 1 in 3 home owners with outstanding mortgages affected by rising interest rates - sogo - 22-10-2022

(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?

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RE: 1 in 3 home owners with outstanding mortgages affected by rising interest rates - sogo - 22-10-2022

(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.

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RE: 1 in 3 home owners with outstanding mortgages affected by rising interest rates - Sticw - 22-10-2022

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

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