Friday, January 21, 2011

Learned a new word today... Specu-vestors!

Talk about hybrids!

The report in today's ST should not come as a surprise to most. But the wife and I are a tad surprised that it took so long before such data are published - the data was obviously compiled for quite awhile, given that that the 2009 figures were available.

And it's not like the debate about investors/speculators (or specu-vestors!) distorting property prices had just started yesterday...

It is also the first time we see a property consultant (from a renowned property firm no less) acknowledging that the new measures "will likely lead to a steep fall in both volumes and prices"......



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