Tag: huge cash back will inflate prices
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Distortion of property values when prices are artificially inflated.
There was one recent article which talked about distortion of property values. It was about cashback and The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Michael Kong says that those who inflate prices to make cashback offers aimed at enticing homebuyers must be closely monitored…