Can Singapore’s red-hot property market be cooled?
Deep Dive
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How Can HDB Restructure Mortgages?
The government is trying to get the market to stabilize rather than for the market to keep appreciating and run into a big crash in the next year or so. The greatest danger is that you get exactly what you want, right? Everybody wants lower prices, more affordability. But if you get what you want,. that might come together with a very bad economic situation for Singapore and indeed much of the region in the world.
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