The Benefits of Executive Condominiums

[arthur]

Interest rates are to asset prices sort of like gravity to the apple ~ warren buffett

This propertyguru guy just doesnt get that. In fact for anything that happens, he will just twist his words to encourage people to invest in property.

My guess is this is what he will say...

If property prices drop, he will say, it is getting cheaper, what are you waiting for?
If property prices rise, he will say, if you dont buy today, it is going to rise further soon, what are you waiting for?
If govt tightens the loan/value ratio, he will say, see la now you cant afford the property.
If govt relaxes the loan/value ratio, he will say, everyone is rushing into property, better buy early.
... and so on...

No matter what happens, he will just tell you to buy property. If you seek advice from such a person, i am quite certain you will be very disappointed some day.

In a euphoric market sentiment, few will have the eyes to see what the truth truly is.
Beside Singapore property market has always been going up since its independence, so the belief that Singapore properties is the best bet is true. until fortunes of nations changes.

Cheers