Serious Pap has over built liao now waiting to crash.

[jw5]

He dig out his own thread.

Knn
3 years + thread still can dig out
Sud

 

[laksaboy]

I believe it was Goh Chok Tong who started the asset enhancement thing. When Lee Hsien Loong took over, the population number increased rapidly.

 

[hbk75]

Knn
3 years + thread still can dig out
Sud

knn. i just recalled got such a thread here.

 

[hbk75]

sexpect many condo owners to either fall behind on their mortgages/loans and thus properties get foreclosed on or sell to hoard cash. where would they land to find shelter? rent or buy pre-owned hdb flats.

now can defer mortgage debts until dec. see who can last longer.

 

[hbk75]

I believe it was Goh Chok Tong who started the asset enhancement thing. When Lee Hsien Loong took over, the population number increased rapidly.

i dunno whether this virus will cause a decrease in population. no jobs so fts have to run road.

 

[eatshitndie]

now can defer mortgage debts until dec. see who can last longer.

if they lose their jobs, they still need to save or have a lump sum at the end of the mortgage moratorium to pay up. most will be out of cash by then.

 

[Hypocrite-The]

Just looking around Hong kah and bukit batok area. Can see alot of flats and building going on. Some blocks are occupied but only 50% taken. Still a larger plot of building going on at bukit batok. Looks like it will crash more jia lak than 1997. Donald trump is not gonna give pinky face in trade.

Just don't buy in BB. Heaps of places have better value n it's always location x3

 

[hbk75]

Just don't buy in BB. Heaps of places have better value n it's always location x3

bb area also 350k at least for 4 rm. not cheap at all.

 

[hbk75]

if they lose their jobs, they still need to save or have a lump sum at the end of the mortgage moratorium to pay up. most will be out of cash by then.

i think is defer so the extension will be added at the end of your loan term. meaning if u left 20 years and u deferred 8 months now. u will need to pay until 20 years plus 8 months.

 

[eatshitndie]

i think is defer so the extension will be added at the end of your loan term. meaning if u left 20 years and u deferred 8 months now. u will need to pay until 20 years plus 8 months.

if out of job how to pay even one month’s mortgage after 6.9 months of depleting savings?

 

[hbk75]

if out of job how to pay even one month’s mortgage after 6.9 months of depleting savings?

i do not know why banks are granting the deferment? they have bad debts from big guys like hin leong, zenrock. still wanna defer loans hoping that they retrenched person can get a new job with similar pay and start paying again?

 

[eatshitndie]

i do not know why banks are granting the deferment? they have bad debts from big guys like hin leong, zenrock. still wanna defer loans hoping that they retrenched person can get a new job with similar pay and start paying again?

hope against hope. at least banks have a lien on the properties and can seize them when they are foreclosed.

 

[laksaboy]

Just looking around Hong kah and bukit batok area. Can see alot of flats and building going on. Some blocks are occupied but only 50% taken. Still a larger plot of building going on at bukit batok. Looks like it will crash more jia lak than 1997. Donald trump is not gonna give pinky face in trade.

Trump will deal with China, but if Pinky (or his wife) are heavily invested in China, expect severe pain.

 

[zeebjii]

i do not know why banks are granting the deferment? they have bad debts from big guys like hin leong, zenrock. still wanna defer loans hoping that they retrenched person can get a new job with similar pay and start paying again?

"recall loan" will become a common word again. Never heard this phrase for a long time, was popular in the late 90s.

 

[laksaboy]

These are age old dirty tricks created to make you a permanent debt slave. In the meantime, corporations get to pump up their books to look pretty and pump the stockmarket prices. Oh, the wars? Well after you blow up a place flat, it needs to be rebuilt. And if you are the ruling invader there, you get to enslave that country into all kinds of debts

You've more or less described China's One Belt One Road.

And speaking of pumped up stock market prices, watch China's A股. It's an unregulated casino.

https://en.wikipedia.org/wiki/A-share_(mainland_China)

 

[hbk75]

hope against hope. at least banks have a lien on the properties and can seize them when they are foreclosed.

seems like that they wanna defer NPL from their balance sheet. can delay also better than a bad balance sheet.

 

[nayr69sg]

Hiring bangla to build is cheap cheap.

singapore play cheat lah.

 

[hbk75]

Trump will deal with China, but if Pinky (or his wife) are heavily invested in China, expect severe pain.

actually this virus causes alot of jobs to be eliminated. especially tourism related.

 

[hbk75]

"recall loan" will become a common word again. Never heard this phrase for a long time, was popular in the late 90s.

1997 got many margin calls.

 

[hbk75]

https://www.channelnewsasia.com/new...svT79b7IQP9zOdYC_8zCnALzn5IN_WSX-CQr8nhVqiPzY

pap really scared.