Originally Posted by nimm12
when the property price hikes cannot be matched by real income from employment and rental, price correction has to happen
when this happen, the worst scenario that bulls are afraid of is panic selling, when bulls compete with each other to exit market. (aka bubble burst)
that is the day bears are waiting to see now
for people who urgently need place to stay, no choice but have to buy...
for people looking for 2nd and 3rd property, hold on to your cash for now
for people already bought during 07/08 peaks, good luck to you