Originally Posted by
smallant
The worst measures is the TDSR.. this impacts all owners seeking to repriced or refinance even if you bt yr property years ago and is now retrenched or retired..
You are at the mercy of the banks and subjected to above mkt interest rate as you cannot even repriced due to this tdsr....
MAs policy hit at all.. not only recent property buyers as compared to those colling measures which target new property owners.. only the banks benefits from this unreal interest rate!
This should be removed...
I think it is a great policy. It means that people who have punched above their weight have worn a hat too big for the head. It's still possible to sell now at a high profit for this group.
But I think there could be a slight concession for people seeking to reprice. It's just tough to decide where the line should be.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.