In an article the last few days, Deputy Prime Minister Tharman Shanmugaratnam has indicated that housing prices are moving in the right direction and that the government has no plans for another round of cooling measures for now. That signals a relief for the property market, developers, investors and home owners alike. He said that while the government is determined to lower prices relative to incomes, they do not want to cause a crash in the short term. That’s actually good to know that the government is not blindly implementing measures. As a property crash can have a devastating effect on the economy. It is also a signal that steady housing price increases are believed to be healthy by the government. Unless the property prices suddenly jump up, the government is unlikely to introduce more cooling measures for the time being. Owners and investors can also take comfort that their ...  ...