Stop me if I sound like a broken record but uh…where? Mr.
Khaw pointed to figures released by the Urban Redevelopment Authority (URA)
showing a 0.1% slip in housing prices in Q1 as a sign of prices easing but he
must be the only who thinks that. I mean how is a miserable 0.1% a sign of
easing? Not only is it only 0.1%, but this “slip” is just the first time the
figures went down since Q2 of 2009. Yes, hosing prices have been going straight
up for 3 years and a 0.1% is a sign of easing? Hell, that 0.1% doesn’t even
cover the 0.2% rise seen in the previous quarter!
Come on! If the Singapore government wants to
showcase that their “cooling measures” are working, they need to do something a
lot better than a 0.1% “slip”. I mean if a 0.1% is the best you can come up
with, that just show how desperate you are.
2 comments:
I almost fall off my chair when this pretentious government try desperately in state media TV , radio and newspaper to exaggerate that their measurement has worked. They will selectively use live interview of people to remark that it works but they sometimes give away with words like "It ought to", "it expect to", " it will" ,...
and really who the government buggers trying to fool ? It is so comical of them to state that the measurement work while against the backdrop of increasing intake of foreigners. This government can't even tell a convincing lies and yet think they worth their weight in gold ?
It has been clear for a few months already that what the government is doing is not working but they seem unconvinced that more measures are needed to cool the housing prices. That is the main thing I worry about. If more measures are not put in place, there may be yet another upsurge in prices. After all, if foreigners are convinced that the Singapore government won't do anything about the housing prices, they will keep on buying Singapore property at ever increasing prices.
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