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01-02-2016, 10:49 AM | #11 |
Barney
Join Date: Sep 2000
Posts: 9,118
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Cars are a liability and a luxury to a certain extent
Properties are long term investments How are they even comparable With a highly volatile equities investment market and knowing that in the long run, due to space limitations in Singapore, property prices are more likely to go up than to crash, doesn't it make sense for people (citizens) to save their money in this asset class (property) to prepare for retirement ? It is the speculators that the market wants to avoid. I think some people are plain stu ...... doesn't think properly |
01-02-2016, 12:15 PM | #12 |
Dragon
Join Date: Nov 2007
Posts: 1,446
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Prolong the seller stamp duty to weed out sub-sales. For long term investment, even 5 years seller stamp duty or higher duty, won't affect this group of investors.
But SG properties are high priced thus not many can afford this investment. |
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