It has been five weeks since the country was under Phase 2 Heightened Alert. Drawing from the experience of last year’s circuit breaker, we have established a routine at home. The kids are thrilled to be on home-based learning. Growing children are always hungry. With no dining out, every day I will prepare home-cooked meals for lunch and dinner. In between, we make some … [Read more...]
Do you expect a new home to solve an old problem?
The pandemic is hurting us in different ways. Stress can come in different forms. Financially, it may be loss of business, work or income. Routinely, it can be inconveniences in daily activities and conflicts with family members. For some people, they believe that moving away or moving to a new home is the solution to alleviate their sufferings. Pandemic-induced housing … [Read more...]
Who’s fueling the housing bubble?
Covid-19 is a man-made catastrophe spread by our ignorance, recklessness and stubbornness. The pandemic unveiled the weaknesses in our social norms and cultural practices. It also exposed the problems in government systems all over the world, particularly in healthcare, housing, finance and infrastructure. Times are tough. An unknown future is frightening. But no matter … [Read more...]
Behind the “sins” of the property market
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 … [Read more...]
Impacts of Singapore’s low birth rate on our future housing demand
Singapore's total fertility rate in 2020 fell to a historic low of 1.1. It drops further below the country’s replacement rate of 2.1. Since babies are conceived nine months earlier, low birth rate is the result of fewer conceptions in 2019. Under the financial stress of Covid-19 and family conflict from WFH, we might see an even lower fertility rate this year. Delays in … [Read more...]