Property Market Sentiments

[specuvestor]

Just a thought in the morning: Anyone expected high end buyers to flee after just 20% decline?

http://www.themalaysianinsider.com/busin...ces-plunge

http://www.thesgrealtor.com/bad-home-loa...-uob-npls/

Frankly I don' think any sensible (non-populist) governments should encourage "property investors" or specifically real estate investors that are not either staying in them locally or producing goods or services. Land/ property being one of the main factors of production has its own natural demand if the economy progresses. The policy making logic should be to add long term value to the economy rather than add asset inflation to the economy.

Car engine becoming hot after running miles is one thing, making the engine hot by pouring hot water over it is quite another.