QUOTE(rawrkun @ Jun 24 2013, 10:49 PM)
As long as the buying continues, those bloody developers/agents/speculators will continue to push the price...
and people will continue chasing them, thinking that it will appreciate and it will be beyond their reach if they don't buy now....
the sharp spike in property pricing has more than justified the increased cost of construction materials and is only purely driven by greed and the herd mentality.
Half a million for a shoe-box apartment is a bloody JOKE!!!!!!
I agree with you. Although i have afforded to buy some high end but i have told myself is time to stop.Developers being greedy and agents just keep pushing sales.I have some friends which are property agents but they actually have felt the prices have been ridiculously high so is about the buyers' own thinking to take the risks.If they can,they have the right.and people will continue chasing them, thinking that it will appreciate and it will be beyond their reach if they don't buy now....
the sharp spike in property pricing has more than justified the increased cost of construction materials and is only purely driven by greed and the herd mentality.
Half a million for a shoe-box apartment is a bloody JOKE!!!!!!
Jul 15 2013, 02:42 PM

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