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Old 03-20-2007, 05:18 AM   #7 (permalink)
Mirage77
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Re: Global Urban Property Boom -- Is it out of control?

There's a property boom here in Singapore right now, but honestly these things go up and down in a continuous cycle. I don't think the global boom is out of control, but within individual countries there are bound to be crashes, especially in more volatile 'new' cities like Singapore. Places like NYC have established themselves for hundreds of years already as global cities which will have their constant stream of investment and immigrants.
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