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Hi Miku, I am of similar opinion. This is not sub-prime. It is about massive levels of DEBT and RISK. Sub-prime was only one type of risky debt that exploded (or did it implode?). There are others waiting to go off soon, Centro highlighted another one. I agree Kenneth, China cant keep...

Hi grossreal, Thanks very much for the info .. Im not as tuned with the supply (development) side as I should be, and your thoughts are much appreciated. You are right even in Syd west suburbs where resi has been struggling, commercial and industrial has been powering for few years.. Same for...

Hi Michael and Kenneth, I’m actually of the opposite view to you both regarding the credit crisis. Firstly, Singapore CNBC statement that this is only 10% of asian financial crisis. The question is to who?? Maybe for Singapore and many other Asian countries, but definitely for US and to...

Hi xquiz, im no expert, but my view is that its allready having an indirect impact: - higher credit costs, thus higher mortagage rates - more people going to the banks rather than low doc type lenders - banks pand other lenders placing tighter credit controls and lending practises all...