Fundamentals are much stronger this time round as the govt has learnt from past mistakes by diversifying the economy.Originally Posted by Unregistered
Also those crashes in the past are due to multiple crisis which results in high unemployment rate. Unemployment rate goes up, property prices go down. Unemployment rate goes down, property prices go up. This is the simplest way to explain the complexity of economic.
this time will not crash, due to higher demand and stronger holding power, contributed by the following differences:
- foreigner elligibility
- massive enbloc
- expat influx
- stronger currency
- low motgage rate
- development cost
- most importantly, singapore image and future development.
- etc
"The foolishness of God is wiser than men and the weakness of God is stronger than men" 1 Cor. 1:25
Junior
Agreed. Man must fear God.
I couldn't have agreed more.
Sellers are holding tight as the rentals are still good. Cannot sell at their target price, simply rent out and weather this period of uncertainties.
Junior
Wise suggestion.
End of property boom in sight?
When the IR and wahtever come out.The IR boom also will end shortly like the property cycle here.All short lived.Why.Too much control.
What man is he that liveth, and shall not see death? Psalms 89:48
Oh the uncertainties of life. How to weather it
Junior
This is getting interesting...food for ponder.
What control are you talking about ? Do you think that the government will put regulations in place to kill the IRs when they are the ones who wanted the IRs ?
I think it will be the opposite. Once the IRs are up and ready, the government will lax more regulations to attract foreigners to invest and set up businesses locally. IRs do not evolve alone. There are lots of businesses that will intertwin with IRs.
Junior
True. One of the industry that will take off is hospitality.
Amen.......
With IRs you are talking about big gamblers and money loving ppl.Take out money you need to declare.Too transparent.The gamblers feel naked.
You mean after gambling people will lose and get crazy and need medical attention?
Junior
Ha ha ha ha...ROFL
hospitality?It sucks big time here.The hospital service already sucks.Dare not even mention about others.The mentality and atitude of ppl here have a long way to go.
Junior
"Hospitality refers to the relationship process between a guest and a host, and it also refers to the act or practice of being hospitable, that is, the reception and entertainment of guests, visitors, or strangers, with liberality and goodwill. Hospitality frequently refers to the hospitality industry jobs for hotels, restaurants, casinos, catering, resorts, clubs and any other service position that deals with tourists."
Hahahahahaha...you guys are hilarious.
Last edited by blackjack21trader; 02-04-08 at 19:00.
Public hospital service really sucks. But private hospital service really damned good. Service tag along with $$$$$$. Show your $$$$$ upfront and you will be well treated. Sad to say that it's life.
Hospitality industry = hotels, restaurants, convention centers.
Medical services industry = hospitals, clinics.
Even nurses and doctors are hosts when you are a guest in hospital what... and they take good care of you. And the food so much better than hotel.
Right. And they are so much more hospitable. The gentle nurses from China. Philippines and India.
Think you are wrong.
Singapore is trying to be like Switzerland. Any tom, dick and harry from whatever backgrounds can deposit money there and yet their identities are protected aggressively. Singapore is definitely doing a very excellent job on this because a lot of nations are complaining that Singapore is a good place for money laundering.... : ))
Yes...yes.... nurses from China good....good.... <slurp>.....<slurp>.....
Junior
Ahhahahahaha.. I can't stop laughing... Think I go take a rest first.
Then why don't you set up a tour agency and let your tourists reside in hospitals instead of hotel since hospitality and food are better ?
I think everyone is starting to talk cock here already....
Yeah lah after a days hard work need some relaxation what. Because at night when we see the Dow sinking have to call agent early morning to sell.
Right. Keeps mind diverted from the property market crash that is happening. Like you guys. Very interesting and lively forum.
Hellooo....What Dow sinking ?
Didn't you know that the bear was killed on the road by the bull last night. The bull was then arrested and charged for drink-driving. But the bull jumped bail and now on the run. Its a BULL RUN now !!!!
Didnt you hear that since oil prices shooting up I have caught the bull and keeping it for my bullock cart. Soon have to use it. Hahaha will whip the bull and make it pull the cart.
Posting Permissions
Reply With Quote