Singapore Democrats, 22 Nov 2008
As GIC and Temasek pump money into India, the country's property market is in a crisis. The Economic Times says that Singapore is the second largest investor in India surpassing even the US and UK. In July and August this year alone, the Government pumped in $1 billion in investments. At the same time, housing prices in India are in a freefall, reports Asia Sentinel. Is more of our hard-earned money going down the drain?
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