EYE ON ECONOMY
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Private home buyers undaunted by rise in unemployment rate last year
Published Tue, Jan 19, 2021 · 05:50 AM
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Singapore
HIGHER unemployment is a symptom of Singapore's worst recession since its independence - but all those dour numbers have not deterred home buyers here.
Besides signalling the lure of cheap debt, the exuberance in the property market today speaks to the uneven impact Covid-19 has had on different sectors, and on expats versus residents.
KEYWORDS IN THIS ARTICLE
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