Well said!
Originally Posted by
thomastansb
Relax people. No point speculating. Everyone got its own agenda. If you don't hold property, you will want prices to go down. 7 quarters of decline, 500psf, 300psf etc. If you hold property, you will say Yishun selling 1600 psf, Tanah merah selling 1700 psf blah blah blah.
At the end of the day, you say, your balls shiok only. Nothing in reality changes. There are declines but there are 1700psf at suburban also. So no one is wrong. The only good thing about holding property is you are still collecting rental. The sad thing is if your yield is < 3%, then you hong gan.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.