SSD should be tweaked?

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(31-08-2013, 09:53 AM)specuvestor Wrote:
(30-08-2013, 01:12 PM)cif5000 Wrote: Looking at her chart, I think she's saying that intervention policy will aggravate the supply situation resulting in a boom and bust cycle.

The purpose of the SSD is to deter speculators from benefitting from a short term view, hence weeding out the non structural demand. It is the right move yet many were doubtful that the 7th govt measure would work when market was euphoric

Now that all these incremental measures are biting, she is arguing that those same speculators who are stuck with properties that are subject to SSD, will be aggravating supply issue, when in the first place they were creating false demand. Incredible economics.

Not so sure about the false demand part. These speculators did offload successfully too fast thus the need for ssd. So the demand was there to lap it all up.

Big bro just see lots of easy monies being flung around and want leg in to extract some and add to national coffers for good of the public future.

(31-08-2013, 10:56 AM)countonme Wrote: Investors who had bought during the year 2011/2012 mus have considered the ssd before making the purchase. If as the article suggested, the ssd is changed to a capital tax, it will distort the market in other way. Many people w then expect their downside to be protected. And exuburent investment will happen.

This may also drive speculators back to mini shoeboxes due to lower gain (thus lower capital gains tax assuming still based on usual income tax calculation) per transaction. Now they can flip many upon each purchase reaching one yr old, spread across over several yrs.
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Messages In This Thread
SSD should be tweaked? - by shoeboxlife - 30-08-2013, 11:48 AM
RE: SSD should be tweaked? - by specuvestor - 30-08-2013, 11:53 AM
SSD should be tweaked? - by shoeboxlife - 30-08-2013, 12:00 PM
RE: SSD should be tweaked? - by kichialo - 30-08-2013, 12:38 PM
RE: SSD should be tweaked? - by cif5000 - 30-08-2013, 01:12 PM
RE: SSD should be tweaked? - by specuvestor - 31-08-2013, 09:53 AM
RE: SSD should be tweaked? - by Behappyalways - 30-08-2013, 01:29 PM
RE: SSD should be tweaked? - by KopiKat - 30-08-2013, 01:47 PM
SSD should be tweaked? - by shoeboxlife - 30-08-2013, 07:01 PM
RE: SSD should be tweaked? - by countonme - 31-08-2013, 10:56 AM
SSD should be tweaked? - by shoeboxlife - 31-08-2013, 10:59 AM
RE: SSD should be tweaked? - by smallcaps - 31-08-2013, 11:06 AM
RE: SSD should be tweaked? - by specuvestor - 02-09-2013, 09:27 AM
RE: SSD should be tweaked? - by smallcaps - 02-09-2013, 02:31 PM
SSD should be tweaked? - by shoeboxlife - 31-08-2013, 11:12 AM
Re: RE: SSD should be tweaked? - by smallcaps - 31-08-2013, 11:54 AM
SSD should be tweaked? - by shoeboxlife - 31-08-2013, 01:42 PM
Re: RE: SSD should be tweaked? - by smallcaps - 31-08-2013, 02:53 PM
SSD should be tweaked? - by shoeboxlife - 31-08-2013, 03:06 PM
RE: SSD should be tweaked? - by smallcaps - 31-08-2013, 03:20 PM

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