That’ll teach them. Like parents reduced to confiscating toys after warnings have been ignored, Singapore has brought in unexpectedly punitive measures to cool its property market after six attempts in three years failed to do the trick. Developers’ share price falls imply the market has got the message. But that is what reaction to previous rounds suggested too.
这会给他们一个教训。就像家长在警告无效后不得不没收玩具一样，新加坡在3年内6次尝试为其房地产市场降温未果后，出台了严厉程度超出预料的惩罚措施。开发商股价的下跌意味着市场已收到这一讯号。但这也是前几轮降温措施出台后市场反应所显示的。
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