Tuesday, July 21, 2015

Cold Yet Or Not?



"Eh, cold yet or not?"

"Mmm... like no leh."

"Orh, then wait lor"



ST reports that MAS MD said that "the softening we've seen is really not all that much", "So its still premature to consider removing any of the cooling measures in place".

I don't really care that much what property experts / industry experts / analysts / your property agent says unless you are telling me that they can affect the outcome of such decisions.

Don't even need to try and guess when they will remove the cooling measures.
They haven't even reached the point where they feel like they should think about it yet.

Maybe a bigger correction of more than 10% is needed to force out cooling measures.

As someone that does not own a house, but is planning to in the near future, I'm hoping for property prices to drop.

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