With US tapering likely pushed back into next year, low interest rates will be around longer, tempting Asia's real estates investors to rack up even more debt.
SINGAPORE: In the past few years, Asia’s real estate market was flooded with investors banking on interest rates staying low for a long time.
With US tapering likely pushed back into next year, low interest rates will probably be around even longer, tempting investors to rack up even more debt.
Rock-bottom interest rates have made real estate an attractive investment. Home prices in Singapore have risen 33 per cent since 2009, while in Hong Kong home prices have more than doubled.