Well if renter wants to buy, he'll buy from owners looking to sell and not from owners looking to rent so one less renter in the renting market and one more buyer in the selling market! So sellers benefit but if I don't intend to sell yet, I'll be that extra one more unit in the renting market competing with others looking to rent! Complicated equation but true!
Yes oversupply is a big problem but I think Mr K will try to minimize it where possible! His tenure depends on it! Hahaha.. very funny if MBT cause undersupply with HDB and KBW cause oversupply. Ironic, isn't it?