Property price in Singapore, HK, China are at all time high and if this market can go further up property can too but do you think so?? China inflation is hitting all time high people spending power is greatly reduced. US and Europe debt issues will always prevent market from moving up. The only way market can go up is increase debt ceiling and implement QE3. But QE will cause house price to further up, food price up, COE hitting $100k and finally doomday.
Blog: Straits Times Index (STI): A Big Correction Ahead?
2011-06-16 13:45 | Report Abuse
Property price in Singapore, HK, China are at all time high and if this market can go further up property can too but do you think so??
China inflation is hitting all time high people spending power is greatly reduced. US and Europe debt issues will always prevent market from moving up. The only way market can go up is increase debt ceiling and implement QE3. But QE will cause house price to further up, food price up, COE hitting $100k and finally doomday.