29-10-2014, 07:01 AM
Jialat... cost of living inflation... not productive and must deflate overvalued assets...
Yr worries are my worries too - ESM Goh...
GG
http://www.businesstimes.com.sg/real-est...-there-yet
Tharman: Home prices correction not there yet
By
Jamie Lee leejamie@sph.com.sg@JamieLeeBT
BT_20141029_JLPROP29_1341132.jpg "If we do not get a meaningful reversal after each upswing, property prices will run ahead of the growth of household incomes over the long term, which we should avoid." - DPM Tharman Shanmugaratnam
29 Oct5:50 AM
Singapore
PROPERTY prices in Singapore have not seen a "meaningful correction" yet, said Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam on Tuesday.
"We have seen some correction in both private property prices and HDB resale prices over the last 4-5 quarters, but
Yr worries are my worries too - ESM Goh...
GG
http://www.businesstimes.com.sg/real-est...-there-yet
Tharman: Home prices correction not there yet
By
Jamie Lee leejamie@sph.com.sg@JamieLeeBT
BT_20141029_JLPROP29_1341132.jpg "If we do not get a meaningful reversal after each upswing, property prices will run ahead of the growth of household incomes over the long term, which we should avoid." - DPM Tharman Shanmugaratnam
29 Oct5:50 AM
Singapore
PROPERTY prices in Singapore have not seen a "meaningful correction" yet, said Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam on Tuesday.
"We have seen some correction in both private property prices and HDB resale prices over the last 4-5 quarters, but