tag:blogger.com,1999:blog-3369913673706314365.post5610428489111945098..comments2023-08-29T15:46:12.709+08:00Comments on For Prudent Investors & Home Buyers: Battle of The Herd vs DeveloperUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3369913673706314365.post-57171280329091140382008-06-19T16:43:00.000+08:002008-06-19T16:43:00.000+08:00Dear Hans,In this post, I was quoting from a forum...Dear Hans,<BR/>In this post, I was quoting from a forum the different responses on the issue. If you see the comment you cited in the context of the nature of this blog, it's clear that I do not agree with the person concerned. I've published the comment unedited to illustrate how narrow-minded people can be to opposing views.<BR/><BR/>I've hidden your comment in order not to stir up any more of such negative emotion. It has never been my intention ever that this should happen. I apologise for the over-sight.Smart Buyerhttps://www.blogger.com/profile/18151867782836364165noreply@blogger.comtag:blogger.com,1999:blog-3369913673706314365.post-31000043326172140142008-06-19T11:04:00.000+08:002008-06-19T11:04:00.000+08:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3369913673706314365.post-8284188343115248042008-05-23T17:02:00.000+08:002008-05-23T17:02:00.000+08:00Personally, I think Singaporeans are still rather ...Personally, I think Singaporeans are still rather gullible to market hypes. In fact, I'd attribute the sudden surge in property price in 2007 largely to such hypes like how the inflow of foreigners, the population growth target of 6.5 million, the 2 IRs, F1 blah.blah... would see property price soar to 10 times that of the 1996's peak . This sort of market hypes are still lingering in the heads of many dreamers. At the end of day, it's economic fundamentals that will determine what property price level is sustainable at a given time. We've to think harder and look deeper.Smart Buyerhttps://www.blogger.com/profile/18151867782836364165noreply@blogger.comtag:blogger.com,1999:blog-3369913673706314365.post-41146728413663957352008-05-23T00:40:00.000+08:002008-05-23T00:40:00.000+08:00Just for everyone reference, if I remember correct...Just for everyone reference, if I remember correctly, back in the late 90's, right after the market collapse in 1997, the chairman of Far East Organisation tried to talk up the market by insisting that the worse was over for the property markets, citing a litany of factors. In the event, the markets continue to slide by another 30% to 40% over the next 5-6 years as many property developers went bust. The moral of the story? It ain't that easy to talk up the market, not even if you are a property bigshot. Singaporeans are not a bunch of poorly educated hillbillies.Anonymousnoreply@blogger.com