If housing loan go back to historic average of 5%..what happens?

sgbuffett

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06-05-2022, 01:38 PM

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.

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Messages In This Thread

If housing loan go back to historic average of 5%..what happens? - by sgbuffett - 06-05-2022, 01:38 PM

RE: If housing loan go back to historic average of 5%..what happens? - by drgn - 06-05-2022, 01:39 PM

RE: If housing loan go back to historic average of 5%..what happens? - by Ola - 06-05-2022, 02:12 PM

RE: If housing loan go back to historic average of 5%..what happens? - by Niubee - 06-05-2022, 02:37 PM

RE: If housing loan go back to historic average of 5%..what happens? - by A2Z - 06-05-2022, 02:52 PM

RE: If housing loan go back to historic average of 5%..what happens? - by mikotan - 06-05-2022, 02:58 PM

RE: If housing loan go back to historic average of 5%..what happens? - by cwc29 - 06-05-2022, 03:18 PM

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