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14-07-2014, 05:50 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Have noted in one of the thread that June 2014 home sale price continue to trend down another 1.8%.
Have also noticed in the paper that banks are offerring FD rate higher (BOC at 1.35%, UOB I think also offering higher). Is interest rate going up soon?.
Which is the lesser evil, or worst, both comes in. Higher interest rate and home sales price dropping.
Those buy for investment or rental, jialat!!. Those with low downpayment, lagi jialat.
What do forummer think?.
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?185741-Which-is-the-lesser-evil-Interest-rate-rise-or-Price-drop&goto=newpost).
Have noted in one of the thread that June 2014 home sale price continue to trend down another 1.8%.
Have also noticed in the paper that banks are offerring FD rate higher (BOC at 1.35%, UOB I think also offering higher). Is interest rate going up soon?.
Which is the lesser evil, or worst, both comes in. Higher interest rate and home sales price dropping.
Those buy for investment or rental, jialat!!. Those with low downpayment, lagi jialat.
What do forummer think?.
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?185741-Which-is-the-lesser-evil-Interest-rate-rise-or-Price-drop&goto=newpost).