Private home prices are falling - and they will fall even more next year.

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What is not falling?

When and how will Capitalism fall and collapse into a Heap? Some say it is impossible.

We are not only facing a financial crisis, an economic crisis. Worse than that. We are now facing a crisis of confidence, a crisis of morality.

We are in very severe times.

All are suffering.

Humans have continued to live a way of life that is contrary to the Divine Principles and Divine Will of the Creator.

What a mess.

Things untidy have to be cleansed in accordance with the Principle of Cleansing. If not, all will choke up and perish.

If humans don't clean it up, then it will be cleaned in the hard way - the compensatory phenomenon has to be applied.

It is humans inviiting it. Make the mess of it , then get the hard cleaning up. Many lose their lives in a big mass over and over again - a great compensatory phenomenon of cleaning up the mess.

The big cleaning up has started. Hold tight.

what is not falling is food prices and govt linked costs, like medical bills, bus/mrt fares, phone bills, utilities...

NELNELNEL

You are preaching again.
You seem convinced that Capitalism will fail.
All you do is criticize. You have yet to propose any alternatives.
Most of the time you are just a pain in the asse - intolerable.

The full force of the fallout from the financial crisis have yet to hit the property sector.
Properties will be the last to bottom out.
House bought under the Deferred Payment Scheme (DPS) will only hit the market from late 2009 onwards.
Also developers who bought land parcels during the en-bloc mania will complete their projects from 2010 onwards.

Give the guy a Tiger.

Go on the hard thinking mode for a change on the issues raised.

I raise the issues [and counter many, debunk many] not to let anyone 'run away with murder' [by deception] in this DB.

"House bought under the Deferred Payment Scheme (DPS) will only hit the market from late 2009 onwards.
Also developers who bought land parcels during the en-bloc mania will complete their projects from 2010 onwards."

What is the solution?

Be prepared for the worse. The worst is yet to come. We are in very severe times. All are suffering.

The Cause and Effect Principles apply. Don't respect it, then be prepared to pick up the pieces. Once dropped, broken, not easy to put it back again.

"You seem convinced that Capitalism will fail."

Not from me. Not me alone. Millions around the world know what is coming.

I post to give that perspective for all to be prepared, not to be off guard, and not to take things for granted.

Many chain of events are inevitable. No one can stop it. It is due to Greed, Lust and Corruption concocting the brew leading to the various outcome.

It is riding on Cause and Effect. Don't respect it, then at least remember it when events unfold one after another. Hold on as it is going to be a super fast rolle coaster ride. Please hang on and not to be derailed.