Summary of the Singapore Housing Market

[Ng Cheh Hwang]

The MAS manipulates mortgage rates at a lower level in order to artificially inflate home prices higher:

• To transfer wealth from young families to old retirees, speculators and developers.
  
• To avoid having to increase HDB home-loan rates, in order to justify a lower CPF-OA/SA interest rate.
  
• To churn the HDB market via higher resale prices to support higher BTO prices.

 

[k1976]

U need to create policy to support "wealth creatation" so that there will be wealth twickling down effect to help the poor ah fok

 

[crimsondue]

Summary of the Singapore Housing Market

It's a house of cards. It will all come crashing down inevitable, sooner or later.
Get in on the action with loansharking, debt collection or funeral services because those industries will boom!

 

[laksaboy]

The MAS manipulates mortgage rates at a lower level in order to artificially inflate home prices higher:

• To transfer wealth from young families to old retirees, speculators and developers.
• To avoid having to increase HDB home-loan rates, in order to justify a lower CPF-OA/SA interest rate.
• To churn the HDB market via higher resale prices to support higher BTO prices.

You forgot about the number of PRs created to warm or cool the housing market. They control that.

 

[k1976]

Summary of the Singapore Housing Market

It's a house of cards. It will all come crashing down inevitable, sooner or later.
Get in on the action with loansharking, debt collection or funeral services because those industries will boom!

It is a product of Modern Money theory... Aka MMT

 

[k1976]

Summary of the Singapore Housing Market

It's a house of cards. It will all come crashing down inevitable, sooner or later.
Get in on the action with loansharking, debt collection or funeral services because those industries will boom!

Bro, value of an object ish always assigned to it by human thinking and society acceptance aka hype..

Just like

1) Casio vs Rolex, same function and technology level, yet price is world a part.

2) Mazda vs Masarati, can only travel same speed on SG road, and Maazda is more reliable and fuel saving, yet Masarati is perceived as "branded"