Aug 25 2020, 04:58 PM
QUOTE(HereToLearn @ Aug 15 2020, 06:31 PM)
https://www.theedgemarkets.com/content/even...st-decline-4q98
GDP drop that rivals AFC 1997/98.
1997/98 asian financial crisis property price drop is 30-40% with the avg of 37%
low interest rate and stimulus package are still holding up the economy. GDP drop that rivals AFC 1997/98.
1997/98 asian financial crisis property price drop is 30-40% with the avg of 37%
Despite the GDP plunge, the share market is still holding up.. there is still a lot of cash flowing in the market..
Property market always lag behind the share market..
However, the real picture will be revealed after moratorium is over. The NPL still unknown..
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