The 'Hungry Ghost month' effect on housing

02 September 2015 | ResearchGeneral News

Prof Agarwal Sumit, NUS Business School, and Assoc Prof Sing Tien Foo, NUS Institute of Real Estate Studies, studied the buying behaviour of Chinese and non-Chinese home-buyers,  and concluded that non-superstitious buyers have been able to arbitrage for lower prices in non-landed private housing markets during the Hungry Ghost month.