Quote:
Originally Posted by Qaz
this is stupid... if HDB flats are not affordable then there would not be much ppl signing up to buy the new flats... & there will be very few resale transaction at or above valuation.....
people need to manage their own expectations.. if can only afford a 2 room punggol hdb, dont say look at 5 room pinnacle and say its not affordable... |
Let me give you an analogy. I normally buy my chicken rice a food court near my office. A standard pack costs $3. Say,if 4 years down the road, the price of chicken rice goes up to $7.
The question is not whether a pack of $7 chicken rice is "still affordable".
Neither it is about people being picky and insisting on eating chicken rice when duck rice is still available at $4.
The question is WHY? What happened? Why did the price of chicken rice increase by 133% in just 4 years?
A pack of $7 chicken rice is still "affordable". Sure. But wouldn't you be curious to know why chickens suddenly become so valuable overnight? Is there a sudden influx of chicken lovers? Or are we not rearing/importing enough chickens?