11-10-2009 01:09 AM | ||
Husky |
Quote:
On the other hand, whether a flat costs $300k or $450k makes a hell lot of difference for flat seekers like myself. Buying a more expensive flat means committing a larger percentage of my pay every month to the housing loan = less money for other purposes... Sigh... |
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10-10-2009 01:56 PM | ||
Unregistered | Actually, asset inflation will make most people poorer. Only the rich, those with 2 or more properties, have a chance to exploit the situation. PRs and foreigners too (oh how we envy them). Those with 1 residence can only sell high and buy higher. But Singaporeans are too unintelligent to realize this. | |
10-10-2009 12:42 PM | ||
Unregistered | As I said in another thread, the government is in a bind. They'd rather lose your votes than make the majority feel poorer. The best you can hope for is a sudden election so after that they can implement the "hard policies" to rein in escalating prices. Be patient. You only need to wait at most 2 to 3 years (need time for policies to take effect). | |
10-10-2009 12:18 PM | ||
huh | how do i vote against it? | |
10-10-2009 09:23 AM | ||
Husky |
Quote:
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? |
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10-09-2009 05:21 PM | ||
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... |
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09-09-2009 10:48 PM | ||
designez |
"LOWER HDB VALUATIONS OR BUILD MORE AFFORDABLE HDB HOUSING FOR SINGAPOREANS" petition Online "LOWER HDB VALUATIONS OR BUILD MORE AFFORDABLE HDB HOUSING FOR SINGAPOREANS" petition! http://www.thepetitionsite.com/1/low...r-singaporeans Sign if you agree, but it is an interesting read in any case! |