It's fun to read back at an old thread I have dug up.
Honest to goodness, that was indeed a grim time for the market. Supply overhang, interest rates "about the rise", population measures, cooling measures... Indeed, we have come a long way.
You can see the views of other forummers and ex-forummers and how things had stayed or changed over more than three years.
Originally Posted by
Kelonguni
TDSR has a strong levelling effect even for the rich if they have heavy existing housing and car loans.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.