How much are you earning per annum?

Idiotman, you sound really desperate. We all know you missed the boat.

You go bankrupt yourself idiot !!!!!!!

Originally Posted by Wiseman1

I dont even know why me and Zhang would bother to respond to an idiot like you, I may sound uncivilised here but I dont need to think too much when talking to idiots. You probably have both foot stuck so deep in properties that you would go bankrupt tomorrow if the property market crashes today. And I hope you do.

On grounds of sympathy I try to enlighten you a little here:
(1) Resale prices shot up in recent years because of demand and supply imbalance; this is solely the government's fault. They let in too many new immigants within a short period of time and build too little new flats to cater to new family formations. So you have these 2 groups of people driving resale flats demand and jacking up prices. This is market driven...flat owners did not deliberately jack up resale flat prices. The fact that they make fat profits is a consequence of market forces.

(2) The solution is to build more new flats to meet demand at cheaper prices (we all know new flats today are grossly overpriced by factoring in vaguely calculated land costs). At the same time, HDB flats should be sold back to HDB only at cost plus inflation. It should not be sold in the open market. HDB would sell flats directly to new PR. This would definitely tame the demand and prices for HDB resale flats, and all the rubbish speculation now happening

(3) If you want to upgrade to condominium, then start saving up for it the old fashioned way. Dont count on flipping the HDB flat for fat profits to upgrade

(4) Property developers would have no choice but to lower prices. There is no way HDB upgraders can stomach the current condo selling prices if they cant flip their HDB flats for fat profits. And this should be the way. If developers start making huge losses and go bust, so be it. They go into this game with their eyes wide open.

(5) The same thing goes for property investors. If you cant stomach falling prices, it is your own fault for being overly optimistic and bullish and not using your brains. Only a painful lesson would wake you up!

[Wiseman1]

Originally Posted by Unregistered

Idiotman, you sound really desperate. We all know you missed the boat.

You go bankrupt yourself idiot !!!!!!!

Scared oredi?????Told you the music must stop...and it is not up to you to say it should continue or stop playing

Originally Posted by Wiseman1

Scared oredi?????Told you the music must stop...and it is not up to you to say it should continue or stop playing

Can you both stop being childish? You are bearish and he is bullish. Just stay that way. No need to bold in red to make your point. Thanks.

This kind of cheem talk only sound professional and convincing to the amatuers. People who have been in properties have been hearing the same rubbish for so many years and still the property price only go up even higher.

Every year all all this "experts" will give all sort of logic why crash is coming, yet the market just laugh and continue to go up.

Originally Posted by Wiseman1

I dont even know why me and Zhang would bother to respond to an idiot like you, I may sound uncivilised here but I dont need to think too much when talking to idiots. You probably have both foot stuck so deep in properties that you would go bankrupt tomorrow if the property market crashes today. And I hope you do.

On grounds of sympathy I try to enlighten you a little here:
(1) Resale prices shot up in recent years because of demand and supply imbalance; this is solely the government's fault. They let in too many new immigants within a short period of time and build too little new flats to cater to new family formations. So you have these 2 groups of people driving resale flats demand and jacking up prices. This is market driven...flat owners did not deliberately jack up resale flat prices. The fact that they make fat profits is a consequence of market forces.

(2) The solution is to build more new flats to meet demand at cheaper prices (we all know new flats today are grossly overpriced by factoring in vaguely calculated land costs). At the same time, HDB flats should be sold back to HDB only at cost plus inflation. It should not be sold in the open market. HDB would sell flats directly to new PR. This would definitely tame the demand and prices for HDB resale flats, and all the rubbish speculation now happening

(3) If you want to upgrade to condominium, then start saving up for it the old fashioned way. Dont count on flipping the HDB flat for fat profits to upgrade

(4) Property developers would have no choice but to lower prices. There is no way HDB upgraders can stomach the current condo selling prices if they cant flip their HDB flats for fat profits. And this should be the way. If developers start making huge losses and go bust, so be it. They go into this game with their eyes wide open.

(5) The same thing goes for property investors. If you cant stomach falling prices, it is your own fault for being overly optimistic and bullish and not using your brains. Only a painful lesson would wake you up!

time to get this thread back on track

29yo male, 110k pa all in

dumped by ex gf due to lack of ambition

so yeah i guess im a loser

Originally Posted by Unregistered

time to get this thread back on track

29yo male, 110k pa all in

dumped by ex gf due to lack of ambition

so yeah i guess im a loser

Yes, you're a loser. I'm 28, earning $300k pa.
Drives a 5 series, lives in a brand new condo.
Many girlfriends, all chasing after me.
Will take my time to choose.

$110k pa for a 29 yo is high.

There are 30 year olds still doing internship, paid $500 pm.

Count your blessings.

Originally Posted by Unregistered

time to get this thread back on track

29yo male, 110k pa all in

dumped by ex gf due to lack of ambition

so yeah i guess im a loser

Originally Posted by Unregistered

time to get this thread back on track

29yo male, 110k pa all in

dumped by ex gf due to lack of ambition

so yeah i guess im a loser

Next time give full story lah. Your gf is younger than you and earns more. Somemore her parents already gave her a condo and a Merz.

Then you look at the situation and you want to be househusband. Of course anyone would think you lack ambition.

And you never said what you work as. Salesman? If so, the 110K earned may be only for that 1 year due entirely to luck. Just like the taxi driver who claimed he earned 7K a month and it turned out it was for only 1 lucky month. Rest of the time it was only 3K.

Also your physical attributes. Like how short you are, whether you look like sh**, what you have...
Women can be discerning, money is just one of the things they look for in a partner.

Finally you are a loser because you said so.

Originally Posted by Unregistered

Next time give full story lah. Your gf is younger than you and earns more. Somemore her parents already gave her a condo and a Merz.

Then you look at the situation and you want to be househusband. Of course anyone would think you lack ambition.

And you never said what you work as. Salesman? If so, the 110K earned may be only for that 1 year due entirely to luck. Just like the taxi driver who claimed he earned 7K a month and it turned out it was for only 1 lucky month. Rest of the time it was only 3K.

Also your physical attributes. Like how short you are, whether you look like sh**, what you have...
Women can be discerning, money is just one of the things they look for in a partner.

Finally you are a loser because you said so.

no im not doing sales

im pretty sure im way more gd looking than u

i only agree wif u that im a loser

Annual salary, $50,000. 50 years old. Own a HDB flat in Redhill, estimated to be worth $900,000. Applying for new BTO, costing $200,000. When I get my new BTO, will sell my Redhill flat at $1m, pay off the new BTO flat in cash and can retire with my $800,000 profit.