17 Apr '17, 6pm

Morgan Stanley expects S’pore property prices to double by 2030 : Property Guru https://t.co/H6RTiTxtlv

If Morgan Stanley prediction will to become a fact, our govt will have to work harder now to see how we can rein in cheap foreign labours and add value to Singapore jobs for our citizen so that their starting pay would also rise in tandem to match the property prices so that our current kids at that time could afford to pay the monthly mortgage without over-stretch wallet. Also jobs security then would also be very important if not property crashes would anytime then would be very probable. And not forget that higher property prices always cause basic food and services (including medical) inflation and our govt would also have to think how to support the enlarged elderly group then with their annual finance budget goodies. Our ministers had better not be another one who will cause problems that we have seen in the recent past like over crowded public transport and hospital...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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