Using demand and supply analysis to discuss the long-run price trend in the resale HDB and private property market. You can draw what happened during previous housing bubbles and the impact of previous property cooling measures. Use graph to explain.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 18RQ: What is deflation?
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Using demand and supply analysis to discuss the long-run price trend in the resale
HDB and private property market. You can draw what happened during previous
housing bubbles and the impact of previous property cooling measures.
Use graph to explain.

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