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Thread: No sign of rethink on property cooling rules

  1. #6
    GOD good old days

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    Don't think they want to see that happen in OCR.. Mostly are locals..

  2. #7
    Junior

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    Quote Originally Posted by cnud View Post
    Don't think they want to see that happen in OCR.. Mostly are locals..
    Less well off foreigners have been buying into OCR.

  3. #8
    OCR properties going to crash!

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    It is not a matter of whether they want to see that happen or not, but whether their policies are effective or not to lower property prices systematically, whether they want to treat all fairly or not, and whether they want to do what is economically correct but not politically/populist correct or not...

    Quote Originally Posted by cnud View Post
    Don't think they want to see that happen in OCR.. Mostly are locals..

  4. #9
    Ultimate Underdog

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    Quote Originally Posted by teddybear View Post
    It is not a matter of whether they want to see that happen or not, but whether their policies are effective or not to lower property prices systematically, whether they want to treat all fairly or not, and whether they want to do what is economically correct but not politically/populist correct or not...
    This is not a monopoly game. It won't be totally fair or very fair, only generally fair. Govt just monitors overall indices, and it is enough work for many dedicated persons already. You seriously think they will equilibrate every region, despite each region being very heterogeneous to begin with? That kind of thoughts can only lead to disillusionment or disappointment.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  5. #10
    OCR properties going to crash!

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    Different policies affect different segments of the properties differently. The fact that policies implemented already crashed 1 segment while holding up another segment means that the policy/combination of policies is a failure and it does not work well! Simple as that isn't it? Need to explain more?

    Ok, and if they just want to look at the overall price index, that is like a toad in the well looking up, and they are seeing that the property market is still very hot, and hence govt should not do anything until property price index crash by >30% because they have gone up by too much!!!!!!! Doing otherwise just because OCR drop a bit means, well, populist action?

    Quote Originally Posted by Kelonguni View Post
    This is not a monopoly game. It won't be totally fair or very fair, only generally fair. Govt just monitors overall indices, and it is enough work for many dedicated persons already. You seriously think they will equilibrate every region, despite each region being very heterogeneous to begin with? That kind of thoughts can only lead to disillusionment or disappointment.

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