I chose this article because it was an interesting news because I saw a lot of private house in Thailand and prices of rate in Thailand now is cheaper than the past, the economic crisis and political problems in Thailand from last year until now made a lot of people in Thailand don’t have much money or some people may lost their jobs, that why the house prices in Thailand are lower than the past. However, the private home prices in Singapore rose up very high, let’s look at this news to see why.
In this news, the Global Property Guide said that private home prices in Singapore rose at the fastest growth in the world in the year to June 30 for 34 per cent. Mr. Matthew Montagu Pollock, the publisher of Global Property Guide said that because of the economic growth in Singapore, made people in Singapore have more money, so they can buy the private home in expensive prices. This made housing market in Singapore is very active.
In my opinion, Singapore is a country that have economic grow very fast, may be it because Singapore didn’t have many problems like Thailand such as politics problems or people fighting in the country, so they can developed country very quickly. Even when all the worlds got economic troubles, people in Singapore would help each other to solve that problem, I wish in Thailand would be like Singapore in this thing.
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