DBS can withstand up to 30% reduction in home prices nia.

[kryonlight]

Should you be worried?

http://www.todayonline.com/business/home-prices-may-drop-15-year-dbs-ceo

I foresee at least a 40% reduction in home prices over the next 5 years.

If it drops by 50% or more, will DBS go bankrupt? Possible?

 

[Narong Wongwan]

Dun dream la. Pap will never let property prices crash. They have vested interests. 40% next 5 years? Even WW3 won't have this effect.

 

[escher]

Dun dream la. Pap will never let property prices crash. They have vested interests. 40% next 5 years? Even WW3 won't have this effect.

Next 5 years?

Will PAP survive 5 months or even 5 weeks after smear of shit on sole of shoe LKY become a fucking rotting corpse?
You think those in PAP not self serving bastards all ready to front stab and back stab each other once LKY kenna fuck and tiewed by the legions of ghouls and demons?

WE ALL WILL WATCH AND SEE

 

[AhMeng]

fuck PAP !

 

[zhihau]

fuck PAP !

bestest way to fuck them is to vote those MIW kutus out! vote the PAP out!

 

[GoldenPeriod]

Pappy leaders will let the value of their 2nd,3rd,4th,etc homes drop so much meh?

Lose money, you know. Pappies never lose $$$.

 

[Cestbon]

Should you be worried?

http://www.todayonline.com/business/home-prices-may-drop-15-year-dbs-ceo

I foresee at least a 40% reduction in home prices over the next 5 years.

If it drops by 50% or more, will DBS go bankrupt? Possible?

Even if property price drop by 40% Bank will not bankrupt as long as property owner make monthly payment promptly.
Unless owner bankrupt and bank need to auction of property with big discount price.

 

[Equalisation]

Wouldn't there be a conflience to the structure of the loan model ?