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Monday, October 8, 2012

Property price rise will lead to inflation


 
I AGREE with the views
of Mr Goh Khee Kuan ("No reason to fear if property prices fall"; last Friday)
and Mr Harry Leong ("Think of the Singaporeans to come"; last Friday).
 
Most retirees should be very concerned
if inflation keeps creeping up as it will erode their savings.
 
Inevitably, there will come a time
when some of us may have to downgrade our property,
move to retirement homes
or migrate to a cheaper country to survive.
 
Online
 
 

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