We’ve reached a point where, much like a rebellious high schooler unfazed by a stern lecture, we’ve toughened our resolve against the threat of further cooling measures in the property market.
Recently, the government mentioned it’s not against introducing more cooling measures if needed. Yet, when I brought it up with my fellow real estate enthusiasts, their reaction was nonchalant, almost dismissive. “Oh, did you hear? Anyway, what should we have for dinner?”
There was a time when the possibility of such measures would spark panic. People would rush to make phone calls, urging swift decisions with an urgency akin to shouting “Close that deal, now!”
Just a few days ago, Business Times and Morgan Stanley hinted at the likelihood of new measures coming into play. In the past, this would have set off a flurry of activity—radio interviews, extensive blog posts from industry leaders, and comments from organizations like REDAS. However, what unfolded was much less dramatic. The article created a ripple of discussion, prompted a few disgruntled murmurs, and then quickly faded into the background.
So, why the lack of concern?
