If you observed the property market long enough, you would notice that homebuyers and investors tend to go with the flow. Many are ready to trust what others said and follow what most people do. However, believing a half-truth is what makes people lose sight of the big picture. We are often carried away by what is happening at this moment. After reading some headlines in the media, people go around repeating and amplifying them like parrots. No one bothers to check the source of the news or the intention of the author. Nobody cares what makes something happen, what is really happening, and what will happen next.

We are ants preoccupied with carrying crumbs

2021 was the year when cryptocurrencies, unicorns, SPACs and IPOs were media darlings. Founders became instant billionaires and brokers made fat commissions. From fund managers to retail investors, they were like bees to honey. Barely...