18 Jul '11, 10am

S’pore property crash: When and how serious? | SingaporeScene - Yahoo! News via @yahoosg

if The property crash does come, it wont be serious enough to affect the fall of the landed and freehold properties, cause the main buyers of these properties are rich foreigners from China , India and Indonesia. These foreigners- talents, esp the Chinese are so rich that they find Singapore properties dirt cheap. and THEY NEED NOT BORROW MONIES from banks to buy them. SO fall or no fall, it wont affect them, and since they are not in debt the properties they own will NEVER crash! the Chinese can leave it as it is They are causing our property prices to sky rock and nobody has done and is doing anything to stop them from buying up ALL OF SIngapore !!!

Full article: http://sg.news.yahoo.com/blogs/singaporescene/pore-proper...

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