14-01-2011, 03:24 PM
MW-san
I am definitely not a property investor with Koh-san's capabilities, but a classical bubble has the euphoria state of sentiments that in spite of external intervention, keeps on rising on momentum.
We have several sets of goverment intervention measures previously over the span of several months. Yet the momentum doesn't cease much.
Is this the result of external foreign hot money coming into our shores or are these monies really genuine long term investments or buying a roof over the heads?
If we were to look at the below data set, we see a chart where the momentum seems to be tapering off.
http://www.ires.nus.edu.sg/srpi.aspx
Is this the result of successful government intervention or otherwise?
I do know the govt is trying to lock down foreign investors' monies thru properties purchases but capital being by itself, seeks to highest returns, will move on to other places.
We had the best GDP growth in history recently. Mean reversion concept shld tell us its time to come back to earth.
I have some doubts on the ability of developing countries being capable of managing their inflation rate, thanks to Feds' infinity $$ printing.
Why would foreign investors place their monies with us when other countries are increasing their interest rate at current moment? Bcos we respect land rights and political stability? Both factors doesn't count much when the equities bubble burst again.
I am focusing on the external factors which may affect us drastically. I do not think the properties' momentum will reverse due to internal factors.
Are we looking at 1997 all over again?
I noted some forumers saying Singapore has a unique system where the govt control the demand and supply. The only problem is the government is made up of people.
And we all know humans do make mistakes in their calculations and assumptions.
The Euro adoption was supposed to eliminate all EU members discrepancies in financial strength and have a one common currency. The presumption was that EU countries' bonds should have the same gaurantees. Greek bonds should be as strong as Germans.
Turned out not to be.
Cheers
I am definitely not a property investor with Koh-san's capabilities, but a classical bubble has the euphoria state of sentiments that in spite of external intervention, keeps on rising on momentum.
We have several sets of goverment intervention measures previously over the span of several months. Yet the momentum doesn't cease much.
Is this the result of external foreign hot money coming into our shores or are these monies really genuine long term investments or buying a roof over the heads?
If we were to look at the below data set, we see a chart where the momentum seems to be tapering off.
http://www.ires.nus.edu.sg/srpi.aspx
Is this the result of successful government intervention or otherwise?
I do know the govt is trying to lock down foreign investors' monies thru properties purchases but capital being by itself, seeks to highest returns, will move on to other places.
We had the best GDP growth in history recently. Mean reversion concept shld tell us its time to come back to earth.
I have some doubts on the ability of developing countries being capable of managing their inflation rate, thanks to Feds' infinity $$ printing.
Why would foreign investors place their monies with us when other countries are increasing their interest rate at current moment? Bcos we respect land rights and political stability? Both factors doesn't count much when the equities bubble burst again.
I am focusing on the external factors which may affect us drastically. I do not think the properties' momentum will reverse due to internal factors.
Are we looking at 1997 all over again?
I noted some forumers saying Singapore has a unique system where the govt control the demand and supply. The only problem is the government is made up of people.
And we all know humans do make mistakes in their calculations and assumptions.
The Euro adoption was supposed to eliminate all EU members discrepancies in financial strength and have a one common currency. The presumption was that EU countries' bonds should have the same gaurantees. Greek bonds should be as strong as Germans.
Turned out not to be.
Cheers