One crypto post, one-non crypto post. We all need some balance in life, eh?
Actually, it’s good to detox from the world of money from time to time. If you need some convincing, do check out Lawrence Yeo’s The Nothingness Of Money. Reading it convinced me to step away from this blog and crypto for the past few weeks, at the very least.
But well, the latest round of property cooling measures (sudden but unsurprising) has brought me back to pen down some thoughts.
Helping First-Time Buyers By Controlling Runaway Prices
If you need the full details of the measure to see how it will impact you as a buyer or seller specifically, just google it.
But basically, the government is raising taxes on the purchase of a second (or third and so on…) property and tightening leverage.
All in the hope of reducing property prices, or at the very least, stop it from increasing further. ...