Budgeting for changes in the property market
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SOFT landing, hard landing? How about no landing?
The term newly in vogue on Wall Street refers to the scenario where inflation stays hot, but the economy continues to trundle along, apparently resilient. It might equally apply to the Singapore property market.
Whether the market would continue to defy gravity and where opportunities now lie was the subject of discussion at a seminar hosted by The Business Times over the weekend. Panellists did not see prices headed for a correction just yet, even with higher interest rates, higher transaction costs and wider economic factors acting as dampeners.
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