ST Explains

Why and when growing mortgage debt alarms policymakers

Real estate may suffer the most from changes such as the withdrawal of fiscal and monetary stimulus and higher interest rates. PHOTO: ST FILE
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SINGAPORE - Singapore's property market is set to wrap up 2021 as one of its best years in recent times.

But as the economic recovery at home and abroad moves forward, new risks to growth and employment are emerging. And as policymakers move to confront these risks, market dynamics for all assets are likely to change.

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