Blog: Property market needs a reset button By Comment and Pankaj C. Kumar

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2 comment(s). Last comment by Junichiro 2019-09-29 20:03

ks55

3,649 posts

Posted by ks55 > 2019-09-29 09:55 | Report Abuse

What the hell when developers trying to fulfill the aspiration of govt's effort 'Build then Sell' and 'To bring down housing prices to a more affordable level', and we still have people asking for govt's help to hike up the house prices?

Market is very fair. What goes up must come down.
Why so many people don't know?
Supply and demand ensures price dynamic equilibrium follow market environment without interference.......

Junichiro

2,051 posts

Posted by Junichiro > 2019-09-29 20:03 | Report Abuse

Land is scarce. Developers built expensive houses to sell to foreigners. When ppl complained to Hishamuddin, he said it was free enterprise n all the cock n bull stories. The government has executive powers to change things. This the BN government did not do. When houses, condos .. get more n more expensive, the then BN government tells everybody to rent if they cannot afford. All these all well documented.

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