What are the possible scenario?
1. Will property go through a correction? If majority buyers decides to wait.
2. Or will it plateau? Demand continues but at a slower pace
3. Or it will take a short breather and then go up? People just digest the news for a short while then start buying again.
4. Or the bubble will burst? When most don't buy, prices drop, loan default goes up unimaginably, the economy crashes.
Implementation Of A Maximum LTV of 70%, for 3rd properties and beyond only...
Nov 4 2010, 09:36 PM
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