This is a direct hit and I think temp solve the problem. First to help clear stocks second help the first time buyer to get their home. I see property stocks to improve and also actually property price to stable.
I believe the money is in the system but Asian very conscious. Recovery will be fierce when stable. However, industrial change is inevitable as it is always a milestone.
Why not? But we just dont go aggressive as we understand the current stagnant of markets will be prolonged. But we like GENM, MBSB, OSK, CIMB and etc. We just consistently buying mildly which provide dividend as cashflow.