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In a world awash with liquidity, a cooling property market isn't bad

Published Wed, Mar 11, 2015 · 09:50 PM

SOME People's Action Party (PAP) Members of Parliament spoke out on Tuesday in the Budget debate, cautioning the government against overdoing property market cooling measures. A few things are worth pointing out in this regard.

First, one must not forget the systemic risk posed by a…

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