The title of this post is inspired by one of the readers who ordered my new book Behind The Scenes of The Property Market online. He asked in his e-mail when he would have “The Sins of the Property Market” delivered to him. I immediately sent him the book because any delay would be a sin. Besides, he is most likely a loyal follower of my blog who got the idea from my old blog post “The 7 deadly sins of Singapore property buyers”. In fact, he is 100 percent correct that my new book is not about the scenes, but the sins of the real estate market. It is about the sins of the consumers (including the homebuyers and investors) and the industry stakeholders (namely the developers, agents, banks, analysts and media). Sin #1: Buy spokespersons’ interpretations of property data URA just released March’s data on “Prices of private residential units sold by developers” las...