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And that has more to do with currency movements than fundamentals in property. A big majority of residential property (I suspect) is in the hands of locals, where currency movements have no bearing wahtsoever.

There are also a LOT of people who do come here, who do not fall in the guidelines of $1M + assets. Apart from family members, professionals who meet up with the requisite points from a number of criteria (eg, language, skills, profession, family associations- not parent/child, and desired...

We've been having some huge debates on what will happen. I've posted a small article which shows one trend, and it's pounced on to prove one point of view. There's been other articles which have also been pounced on for a contrary point of view. In the end, who cares who gives the correct...