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Financial Are property prices going to drop? V2, The heated debate continues

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post Mar 3 2011, 07:27 AM

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the reason property prices keep escalating is because today we have more gurus who promote real estate investment to the mass public. as a result, people are going into real estate investment in a major way like we have not seen before.

example is this guy
http://www.facebook.com/pages/Get-Started-...EN/198036411714
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post Mar 7 2011, 10:40 PM

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If one could not afford to buy property when oil price were below $100 per barrel, I would say it would be very difficult to afford one when it reaches $250. By that time, looking for new job would become very difficult and yearly increment would be below average if there is any.
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post Mar 17 2011, 11:30 PM

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QUOTE(prody @ Feb 22 2011, 03:55 PM)
V1 is giving some interesting information.

Simple check tells me that either people are getting more fed up with property prices and/or speculators are trying harder to defend the high prices.

Time it took for 500 postings in v1:
0-500:      551 days
501-1000:  250 days
1001-1500:  65 days
1501-2000:  45 days
2001-2500:  42 days
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V2
0-500: 24 days!! rclxms.gif
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post Jun 24 2011, 10:06 AM

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QUOTE(lch78 @ Jun 23 2011, 02:05 PM)
Singapore has HDB, which citizens/PR can purchase a HDB flat as long as you got married without need to pay downpayment and the installment can be paid direct through CPF money. In other words, citizens/PR only need to find a spouse and they get to own a home without utilizing personal funds.
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Am in Singapore and read the newspaper that new HDB flat launching is selling at 880k. Good thing is they give a hefty discount of 120k .

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