Results 1 to 7 of 7

Thread: Effects of the EU contagion and redhot China Property

  1. #1
    Join Date
    Apr 2009
    Posts
    171

    Default Effects of the EU contagion and redhot China Property

    Do you think property prices will continue on its stabilised growth this year despite the worrying EU debts and redhot China property effect?
    Welcome any comments, advise or words of caution.

  2. #2
    Join Date
    Feb 2009
    Posts
    5,837

    Default

    Quote Originally Posted by terence
    Do you think property prices will continue on its stabilised growth this year despite the worrying EU debts and redhot China property effect?
    Welcome any comments, advise or words of caution.

    the BEARS will tell you ..
    better start to offload your properties



    the BULLS will tell you,
    chinese in mainland are selling the properties and coming to buy spore
    europeans+americans paying the price now
    they are they, we are we

  3. #3
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    so dun do anything now...sit on the fence...lol

  4. #4
    Join Date
    Apr 2008
    Posts
    1,286

    Default

    Quote Originally Posted by proud owner
    the BEARS will tell you ..
    better start to offload your properties



    the BULLS will tell you,
    chinese in mainland are selling the properties and coming to buy spore
    europeans+americans paying the price now
    they are they, we are we
    It's better not to listen to all these bears and bulls but just practise PROPERTISM.

    PROPERTISM Rule No. 1 - Property prices always go up in the long term hence properties should only be bought and not sold.

    That's why even though Goldman Sachs made lots of money from the Lehman panic, they did not make a single cent out of me.

    They can go ahead and publish the most scary reports, but I will not sell my properties, whether the market goes up or down.

  5. #5
    Join Date
    Oct 2008
    Posts
    648

    Default

    hahah, no everyone is as rich as you.

    i think this is still a uptrend in long term, but should not buy in the seller's market...

  6. #6
    Join Date
    Nov 2009
    Posts
    2,368

    Default

    If you have a portfolio or a few properties, substantial cash and some stocks, the best and least stressful thing is to do nothing. Seriously. If you sell your property, what do you do with the money? Hold cash? But central banks around the world are printing money like toilet paper and so the value of your cash will definitely head downwards. Buy stocks? With the volatility, you may want to wait it out first. so in short, the best course of action is no action at this point. At least if you hold on to a diversified portfolio (of property, cash, stocks, commodities), you're well hedged against all possible "bad" scenarios - you may not reap the best upside but at least you know you're well covered on downsides.

    And...... doing nothing is the least stressful thing to do I'm definitely not doing anything to my asset portfolio.

  7. #7
    Join Date
    Apr 2010
    Posts
    1,739

    Default

    my take is it's good time to take some profit, good chance to unload those not so good ones.

Similar Threads

  1. Replies: 0
    -: 21-09-21, 14:27
  2. En bloc effects
    By thomastansb in forum Singapore Private Condominium Property Discussion and News
    Replies: 2
    -: 28-10-17, 20:15
  3. En bloc contagion spreads to commercial, mixed-use properties
    By reporter2 in forum En Bloc Discussion and News
    Replies: 0
    -: 25-10-17, 00:12
  4. Anti-speculation property measures have their side effects
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 29-01-17, 17:25
  5. Effects of Jan property curbs unclear: NUS
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 29-05-13, 15:00

Posting Permissions

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