04-11-2012, 04:22 PM
Some might think this is a conspiracy, or that this is being polticised so as to advance certain US presidential candidates chances of being nominated for last 2 years.
For a avid history learner like myself with some rudimentary knowledge of banks' fractional reserve lending limit, this clip provides entertainment and some knowledge as well.
Whether the content is true or false, its all up to individual to check it up. I would refrain from taking a stance.
However, if I may again repeat what has been repeated countless times, Singapore properties are not all safe and sound.
There is no such thing as sure win investment, sure make money asset classes.
While agents, developers and media hype up the increasing prices of properties, coupled with unbreakable rental yield; think for yourself are you able to afford paying for it in the long run, ie. 30 years?
I can see the youngsters 20-30 rushing to get one for investment or to have a nice dwelling to stay, the 40s wanting to get ahead of their relatives & friends by getting a 2nd one and those >50s hoping to get more properties as a retirement asset cashflow.
There is no such thing as unfallible investment. Not even properties. While many will point out properties will always go up in long run, if you can't sustain it in crisis, you don't deserve to own it.
There will be property owners who will disagree with me because of vested interest with various reasons like inflation, government controlled, etc etc.
History will prove who is correct.
For a avid history learner like myself with some rudimentary knowledge of banks' fractional reserve lending limit, this clip provides entertainment and some knowledge as well.
Whether the content is true or false, its all up to individual to check it up. I would refrain from taking a stance.
However, if I may again repeat what has been repeated countless times, Singapore properties are not all safe and sound.
There is no such thing as sure win investment, sure make money asset classes.
While agents, developers and media hype up the increasing prices of properties, coupled with unbreakable rental yield; think for yourself are you able to afford paying for it in the long run, ie. 30 years?
I can see the youngsters 20-30 rushing to get one for investment or to have a nice dwelling to stay, the 40s wanting to get ahead of their relatives & friends by getting a 2nd one and those >50s hoping to get more properties as a retirement asset cashflow.
There is no such thing as unfallible investment. Not even properties. While many will point out properties will always go up in long run, if you can't sustain it in crisis, you don't deserve to own it.
There will be property owners who will disagree with me because of vested interest with various reasons like inflation, government controlled, etc etc.
History will prove who is correct.