06-05-2022, 01:38 PM
![[Image: QWLq5en.png]](https://i.imgur.com/QWLq5en.png)
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?
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.