atans1

Why private property owners appreciate the PAP

In Economy, Financial competency, Financial planning, Property on 28/09/2018 at 9:40 am

Especially if they are still mortgaged to their eyeballs.

S’pore’s NOT among the global cities that have the highest risk of seeing their property values collapse. We are not even on the “overvalued” list. We are on the “juz right” list.

The cities seeing the highest risk of seeing their property values collapse are HK, Munich, Toronto, Vancouver, Amsterdam and London, says UBS’s latest Global Real Estate Bubble Index.

Milan, S’pore and Boston are “fairly valued”. Ten cities including NY, Sydney and Stockholm are overvalued. Chicago is the only undervalued housing market in the 20-city index.

Still want to vote against the PAP?

Related post: Akan datang: GE in late 2019

First signal: the PAP govt ended the property cycle upswing early. If things had been allowed to run their usual course, we’d have rising property prices in 2019, if not 2020.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: