New steps rain on speculators' parade

[Jon-san]

Read somewhere that properties cycle should lag behind equities by six months or so. But pls don't read too much into these cycles thingy. They tend to work only when all things are normal.

We are definitely living in unusual times.
Recall 51% of banks loans are of properties loans if I didn't remember wrongly.
Doubt any government esp. ours would want to crash the banks.

Personally, I rather hope to see a soft landing than a crash for many of our fellow citizens may be unable to take such a blow psychologically. Families will be broken and children will suffer most if such adverse scenario to erupt.

Cheers.

Arthur-san is very civic-minded. Impressed!