tag:blogger.com,1999:blog-1377738835782322104.post1618268703049146395..comments2023-08-18T01:29:19.662-07:00Comments on Singapore Blue Chips: Property Bubble?Sgbluechiphttp://www.blogger.com/profile/18070778039656838451noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1377738835782322104.post-50501768873551780832010-11-14T07:15:54.931-08:002010-11-14T07:15:54.931-08:00I recall your previous post in 2009 where you said...I recall your previous post in 2009 where you said there would be a property downturn so you were waiting. I had also replied. <br /><br />http://sgbluechip.blogspot.com/2009/09/counter-intuitive-and-property.html<br /><br /><br />I think you underestimated the effect of low interest rates in a world awash in liquidity. <br /><br />I bought in 2009 and took advantage advantage of 1.3% P.A. interest rates.<br /><br />I doubt that housing prices will crash though the rate of price increases has to slow eventually, rather, inflation will catch up, in which case, it's best to hold real assets such as property, gold, commodities, etc.ychttps://www.blogger.com/profile/07613709998671490763noreply@blogger.comtag:blogger.com,1999:blog-1377738835782322104.post-26474924577717035022010-11-07T19:06:58.344-08:002010-11-07T19:06:58.344-08:00I think 'supply over demand' only leads to...I think 'supply over demand' only leads to a slowdown. But what makes the bubble burst is often the result of a crisis/recession.<br /><br />Don't buy HDB units now. You may be able to pick up 'real' fire sale between 2011 and 2015.Anonymousnoreply@blogger.com