Property Crash Of 1996 Moneytalk

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This paper first offers a short evaluate of the global monetary tsunami. It then explains why the quantitative easing in the US and the unique characteristics of the Asian property markets have contributed to the formation of property bubbles in some Asian economies. Thereafter, it discusses the potential of a bursting new apartment launch singapore of property bubbles in Hong Kong, Singapore or one other Asian economy a number of years from now, and highlights that the bursting of the property bubble in that economic system might trigger severe corrections of property costs on this area by the contagion effect. After mentioning that the implied disaster could be extra severe than that throughout the Asian Financial Crisis, it (i) discusses insurance policies that might mitigate the damages of the potential crisis and (ii) draws vital lessons and conclusions that might pre-empt related disasters in the future.

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