Originally Posted by
proper-t
Does detached housing form the entire landed segment?
Apts in the non-landed segment and completed condos dipped by 0.3 % in Q3 2013, does that mean non-landed storm is coming?
URA statistics on the other hand is telling me that the ENTIRE landed segment has been increasing every quarter.
Q1 2013 index 244.1
Q2 2013 Index 244.9
Q3 2013 Index 245.6
detached housing has fallen by over 1 % in the last quarter and detached housing owners are supposed to be the most wealthy of all.
So can you explain what happen to your theory of
1) No new supply (especially detached housing)
2) 20,000??? RICH new citizen?
3) Landed property owners (Especially detached housing) have deep pocket and holding power?
4) Landed owners are not affected by TDSR because they are CASH RICH?
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."