For people that say" it's only money; It can be made back,"
Here's a thread 🧵to help you understand why it's so painful and why making back isn't so easy:
1/ You've heard the saying time = money
it sounds cliche until you realise it isn't
In the #Christian bible, numerous verses have been connected with time and money.
2/ Money stores time. Time is finite.
Numerous verses state that God can protect time:
I will rebuke the devourer for your sakes, and he shall not destroy the fruits of your ground; neither shall your vine cast her fruit before the time in the field, saith the LORD of hosts.
3/ When the US government prints money, it is stealing your time. The bible clearly says:
John 10:10 The thief cometh not, but for to steal, and to kill, and to destroy: I am come that they might have life, and that they might have it more abundantly.
- Healthy demand and less speculative buying
- Ample liquidity & low interest rates
- Declining unsold supply
- People are upsizing due to Work From Home (#WFH) changes
In a jurisdiction where there are high capital gains tax or when the cost of borrowing is high, owning/investing in property might not make much sense.
In #Singapore, capital gains tax has been abolished