Page 2 of 2 FirstFirst 12
Results 31 to 33 of 33

Thread: S'pore govt acts to cool property market

  1. #31
    Join Date
    Jun 2009
    Posts
    5,675

    Default

    Are we heading towards our own sub-prime crisis?

  2. #32
    Join Date
    Nov 2008
    Posts
    1,141

    Default

    Quote Originally Posted by azeoprop
    Are we heading towards our own sub-prime crisis?
    I would say buying 4d would have a higher chance.

  3. #33
    Join Date
    Apr 2008
    Posts
    1,286

    Default

    Quote Originally Posted by azeoprop
    Are we heading towards our own sub-prime crisis?
    Quote Originally Posted by Property_Owner
    I would say buying 4d would have a higher chance.
    Don't worry.

    If that happens, the government will yet again flood the market with yet more money, and the money will yet again be soaked up by "properties" which behaves like a sponge.

    "Properties" is the reason behind the failure of "trickle down effect" economics, whereby a London banker's £ 5 million bonus which supposedly will trickle down to waiters, computer salesmen and store salesgirls ends up:

    £ 5,000 on tips for waiters.
    £ 5,000 on the latest laptops.
    £ 5,000 on handbags and perfumes for wife.
    £ 4,985,000 on ... yet another apartment in London!

Similar Threads

  1. S'pore govt to cool property prices by boosting supply: analysts
    By sleek in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 25-11-10, 22:41
  2. Measures to further cool S'pore home property market
    By mr funny in forum Singapore Private Condominium Property Discussion and News
    Replies: 32
    -: 02-09-10, 23:15
  3. Govt bumps up land supply to cool market
    By mr funny in forum Singapore Private Condominium Property Discussion and News
    Replies: 127
    -: 30-05-10, 12:05
  4. Govt turns up supply tap to cool property fever
    By mr funny in forum Singapore Private Condominium Property Discussion and News
    Replies: 21
    -: 09-11-09, 23:01

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •