Quote:
Originally Posted by Unregistered
Got to pay the bills dude. Last time teachers are really highly paid. A normal teacher can afford landed properties, with some having multiple condos, and on top of that, receive pension after retirement. There were schemes like Teachers Estate to help teachers own a landed property. Compare that with today? Young officers can barely afford the tiny HDB flats. Owning a condo is impossible unless both are in the SEO paygrades. |
Young officers cannot afford a bto? That's absolutely rubbish. Starting salary now is almost 4k.a teacher couple would earn between 8-9k combined after teaching a few years. A 4 room bto costs. A
hdb bto at jurong west costs 291k and even if you're looking at a more attractive location such as at Queens town, it's 541k.
Why look at owning a condo? 80% of Singapore residents stay in
hdb. If you're saying that teachers should be able to stay at a condo, you're saying that teachers should be in the top 20% of income earners in the country!