With the continued use of the internet media in politics, it has drawn some of the thoughts of our policy makers into more ordinary minds and lives.
For those for are looking into Singapore property in the near term, this might be a useful website --->
http://mndsingapore.wordpress.com/
In my humble opinion, the prices of property in the SHORT term (< 1yr) are just affected simply by basic laws of economics of supply and demand. To put it half a step further, "anticpated" supply and demand. In investment terms some like to term it as GREED vs FEAR. If there is more fear, prices will drop. If there is more greed, prices will go up. Fundamentals do not play out so much as they are more long term factors.
Of cos, some might argue that blogs and facebook are not official statements and soon-to-be-implemented policy changes. Still I think it is a good sign, if releasing an unofficial statement, could help to balance an extreme situation, that would be the best.
In our lives, we need to balance so many things. Religion, family, career, health, friends etc etc
The key is simply to BALANCE and avoid both extremes. Balancing however is not apathy or having no opinion over things/issues. It simply means working on important things in your life, such as to maintain equilibrium.
In simple health terminology, during a blood test if u notice that your data (calcium, sugar, potassium) are not within an acceptable medical range, u would need active steps to rectify it. Being too high or too low is not good in the long run. For example if your potassium is too high, u would need to avoid certain foods like durians or bananas. If too low, then eat more :)
I always say that the house is most probably the biggest purchase of your life. So consider it wisely!
Enjoy Mr Khaw's blog and check out his facebook too :)
My dad was asking me again on a savings account with a higher interest rates, after looking at a full splash page of SCB advertisement on the newspaper.
