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 Property Bubble Burst ! ?

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gks
post Aug 6 2018, 12:53 PM

Look at all my stars!!
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3,834 posts

Joined: May 2008
QUOTE(AskarPerang @ Aug 6 2018, 12:50 PM)
Got big discussion going on, viral, that investors bought up those cheap props to rent out and end up:
- nobody buying expensive props
- those low income group not able to buy cheap props

I guess government will look how to regulate this soon. Someone posted an idea that:
1st prop - 90% loan
2nd prop - 70% loan
3rd prop - 50% loan
4th prop - cash buy

Guess if this is true, property price will fall further after this.
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Dun forget.. government is the biggest shareholders of the property related companied.

 

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