tag:blogger.com,1999:blog-5661870875403268442.post7067815783401158687..comments2024-03-19T22:16:57.934+08:00Comments on My Little Corner: The latest government measures may just workchantchttp://www.blogger.com/profile/02775213670329844143noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5661870875403268442.post-39370365467061741792010-08-31T18:36:41.346+08:002010-08-31T18:36:41.346+08:00They should make new homes much more expensive tha...They should make new homes much more expensive than resale homes without rocking the current prices perhaps more will be happier that way.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5661870875403268442.post-22488409403328790612010-08-31T17:16:54.086+08:002010-08-31T17:16:54.086+08:00And one day, new flats will become resale too and ...And one day, new flats will become resale too and all will struggle to get rid of it.LOL.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5661870875403268442.post-74744543741719306192010-08-31T17:14:23.521+08:002010-08-31T17:14:23.521+08:00We all know that the government is ultra capitalis...We all know that the government is ultra capitalist and hence, its regulatory methods are all geared towards maximizing certain interest groups with the least economic casualties.<br /><br />They have come out strong by saying, the money is with the young and therefore, let's build more new flats for them and let the old struggle with their "asset".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5661870875403268442.post-4712100617456069032010-08-31T16:59:54.111+08:002010-08-31T16:59:54.111+08:00Look at the bigger picture.
What this equivocally...Look at the bigger picture.<br /><br />What this equivocally shows is that the Singapore property market is far from a free market.<br /><br />The beauty of capitalism is that it is self-regulating.<br /><br />Ask yourselves why the government "had to step in". Why the banks did not independently lower loan ratios.<br /><br />Adam Smith's invisible hand cannot be denied forever. Melbournehttp://thesglottery.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-5661870875403268442.post-34512141975229749682010-08-31T16:48:32.617+08:002010-08-31T16:48:32.617+08:00One analyst said we are flushed with liquidity - w...One analyst said we are flushed with liquidity - which i believe is quite true considering our buoyant economy. Sooner or later, people get round these measures if not, take their money somewhere else where they are most welcome.<br /><br />Meanwhile, it appears our government is using the supply side to taper home prices, besides deterring speculators.<br /><br />I hope they realized that many Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5661870875403268442.post-8050811703706797502010-08-31T16:32:30.857+08:002010-08-31T16:32:30.857+08:0010% downpayment is nothing if you ask me. If the r...10% downpayment is nothing if you ask me. If the rich foreigners are coming 10% will not deter them. In countries like china, minimum downpayment is 30% to 40%. Singapore property prices is still cheap compared to shanghai and hong kong if you factor in the easy access to credit.Anonymousnoreply@blogger.com