Sunday, July 6, 2014

Tharman: Property market unlikely to crash

ricky l
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ricky l • a second agoRemove
Yes the early intuition and early warning about the property bubble burst and the damage of hot money inflow in 2012 and 2013 has caused MAS to take anti-speculative measures to prevent a property market crash which will lead to a financial crisis now if such measures are not adopted.

The Asian countries also adopt similar measures to cool the property market like China etc.

Otherwise the whole Asia Pacific region would have face another Asian Financial Crisis now - not Economic growth.

But are we solving the unemployment situation for mature PMETs and Workers?
救人不能救自己。
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