25 Sep '15, 1am

Time to Set Targets for Singapore’s Property Markets #eastvine #benchoong

Managing a property market isn’t easy. Since the onset of the new millennia, we have experienced property markets that have accelerated too quickly as the result of low interest rates and permissive mortgage underwriting standards. Some people won in this environment by buying and selling at the right time, while others defaulted on homes they couldn’t afford. Meanwhile, the Cooling Measures have shown how difficult it is to achieve home affordability without negatively impacting market growth. As we detailed in Balancing Home Affordability with Appreciation , the Cooling Measures have resulted in different winners and losers from that of the property market build up. These policy measures have made housing more affordable for some but the overall market finds its net worth diminished and not keeping up with inflation. As SRX Property research indicates, during the last el...

Full article: http://www.srx.com.sg/singapore-property-news/11062/time-...

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