Property still good investment: Analysts

[koh_52]

PM already said by 2030, population would likely to be significantly below 6.9mil which is just a planning parameter (based on worst based scenario).
think property should correct down

Do u know who are the best actors and actresses? Nope, they are not from Media Corp. They are the politicians. Jim Rogers also mention before dont be foolish to trust the politicians. That includes the oppositions.

spot on, clap clap clap, you are right brudder.

actually last year already heard the govt is planning for 8 millions citizen to cater for the low birth rate and aging population. In actual fact (on papies plan) need 8 million to sustain the GPD growth of 5%...Increase population is the best way to boost the constructor sector, this has been proven in china.....

the other is political reason of which I had mentioned earlier....

[Big Toe]

6.9M is a non event.
It's 2030, anything can happen.
Ridiculous to even think that one is investing now in anticipation of the increase in population.
Prices are at historic highs, Real wage increases are not keeping pace with property price increases,
interest rates are at/near its all time low.
Sure, property prices can go much higher, but when it comes comes down, it comes down really really fast.
This my opinion despite me being a beneficiary of property uptick(have interest in commercial/industrial properties).

[seekthetruth]

Yes, 6.9M is a hard number for us to take in at the moment. I wonder how will be the next ge result be. =_=

[VIChris]

Yes, 6.9M is a hard number for us to take in at the moment. I wonder how will be the next ge result be. =_=

What if they give out out big incentives/money before GE, will people "forgive" them? Some human have "short term" memory. LOL