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Singapore Home Prices Won’t Defy Gravity For Long
07 Oct 2022, 09:03 AM IST
(Bloomberg Opinion) -- Housing markets are beginning to crack everywhere from the US and the UK to Australia and New Zealand. In China, the property industry is in a potentially deflationary crisis, while Hong Kong’s home prices are set to test a five-year low. In tiny Singapore, however, demand is defiant in the face of rising interest rates and a looming global recession. The c...
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