04 Jan '13, 10pm

Two Swedish public figures visited me. They were surprised at the high property prices in Singapore propped by...

Two Swedish public figures visited me. They were surprised at the high property prices in Singapore propped by low interest rate. They said, "When interest rate goes up, many people cannot afford to pay their mortgages, and you will face the housing crisis like America. They had experienced a big housing crisis in Sweden 20 years earlier, and have learnt their lesson.

Full article: http://www.facebook.com/kinlian/posts/421655051240486

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