In my opinion, housing prices, inflation will not go up too much. because dun forget a good 80% of singaporeans are working class. if prices go beyond their reach, they will become upset and resentful.
and more importantly, if 4 years down the road, they vote for the opposition, the stakes are too great. So the current garmen got to and will tackle this problem.
to those working class...dun worry too much.
that's just my view.