Some analyst expect unemployment to reach 200k while some property analyst expect property prices not to fall sharply because employment seems stable. Why cant analysts seem to agree on the sitn?
This is essentially trying to predict both how the future economy will look like AND how humans will behave given the economy. I dont think it's possible to do either. But let me throw in my prediction as well. I dont think property prices will fall sharply in Singapore mainly because most people are not overly leveraged (due to the TDSR), and a lot of people have holding power, for at least a few months.βββ
This is essentially trying to predict both how the future economy will look like AND how humans will behave given the economy. I dont think it's possible to do either. But let me throw in my prediction as well. I dont think property prices will fall sharply in Singapore mainly because most people are not overly leveraged (due to the TDSR), and a lot of people have holding power, for at least a few months.βββ