"LOWER HDB VALUATIONS OR BUILD MORE AFFORDABLE HDB HOUSING FOR SINGAPOREANS" petition - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Investments and Net Worth

Investments and Net Worth Talk all about money making exploits, shares, property and building net worth




"LOWER HDB VALUATIONS OR BUILD MORE AFFORDABLE HDB HOUSING FOR SINGAPOREANS" petition

Reply
 
Thread Tools
  #1 (permalink)  
Old 09-09-2009, 10:48 PM
Banned
 
Join Date: Sep 2009
Posts: 3
designez is on a distinguished road
Lightbulb "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!



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #2 (permalink)  
Old 10-09-2009, 05:21 PM
Qaz Qaz is offline
Senior Member
 
Join Date: Jun 2009
Posts: 44
Qaz is on a distinguished road
Default

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...

Reply With Quote
  #3 (permalink)  
Old 10-10-2009, 09:23 AM
Husky's Avatar
Senior Member
 
Join Date: Jun 2009
Posts: 91
Husky is on a distinguished road
Default

Quote:
Originally Posted by Qaz View Post
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?

Reply With Quote
  #4 (permalink)  
Old 10-10-2009, 12:18 PM
huh
Guest
 
Posts: n/a
Default

how do i vote against it?
Reply With Quote
  #5 (permalink)  
Old 10-10-2009, 12:42 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by huh View Post
how do i vote against it?
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).
Reply With Quote
  #6 (permalink)  
Old 10-10-2009, 01:56 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
As I said in another thread, the government is in a bind. They'd rather lose your votes than make the majority feel poorer.
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.
Reply With Quote

  #7 (permalink)  
Old 11-10-2009, 01:09 AM
Husky's Avatar
Senior Member
 
Join Date: Jun 2009
Posts: 91
Husky is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
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.
They actually think that they are "richer" with all their paper gains. For most home owners, all these paper gains mean nothing cos they can't sell their flats and stay on the streets.

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...
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Engineering and Technology Careers are Not Valued - Singapore is "High Cost Low Tech" Salary.sg Education and Personal Growth 204 25-05-2015 07:16 PM
Beware of People who claim to have "Doctorates" Salary.sg Education and Personal Growth 23 11-07-2012 12:43 PM
Singaporeans "positive" about retirement Salary.sg Investments and Net Worth 4 08-09-2009 09:37 PM
Beware of Singtel's unfair offer "forced" upon you via SMS Salary.sg Investments and Net Worth 18 23-06-2009 11:32 AM
Salary hikes "sustainable" Salary.sg Income and Jobs 0 17-07-2007 01:50 PM

» 30 Recent Threads
Civil Service Performance Bonus ( 1 2 3... Last Page)
2,811 Replies, 2,167,889 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
4,014 Replies, 1,523,888 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,870 Replies, 4,488,767 Views
Lawyer Salary ( 1 2 3... Last Page)
14,945 Replies, 5,069,273 Views
How is life as a doctor in... ( 1 2 3... Last Page)
3,247 Replies, 1,538,030 Views
GovTech ( 1 2 3... Last Page)
775 Replies, 387,293 Views
ST Electronics ( 1 2 3... Last Page)
2,412 Replies, 646,390 Views
Htx ( 1 2)
19 Replies, 2,283 Views
Singtel Management Associate... ( 1 2 3... Last Page)
284 Replies, 161,825 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
295 Replies, 118,606 Views
DBS tech seed programme ( 1 2 3... Last Page)
1,259 Replies, 319,037 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,931 Replies, 649,584 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
553 Replies, 323,541 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
132 Replies, 140,511 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,316 Replies, 2,676,610 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,074 Replies, 777,331 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
670 Replies, 337,980 Views
Changi Airport Group ( 1 2 3... Last Page)
420 Replies, 406,683 Views
Compare civil service salary ( 1 2 3... Last Page)
12,973 Replies, 7,673,168 Views
How much CPF do u have? ( 1 2 3... Last Page)
42 Replies, 21,830 Views
Citibank Singapore ( 1 2 3... Last Page)
173 Replies, 115,740 Views
Citibank Technology Analyst Program ( 1 2)
13 Replies, 7,942 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
206 Replies, 52,328 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,184 Replies, 588,868 Views
UOB Management Associate Program ( 1 2 3... Last Page)
548 Replies, 310,438 Views
Career as Teacher ( 1 2 3... Last Page)
4,172 Replies, 2,689,045 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
148 Replies, 197,489 Views
DBS Wealth Manager Fresh Grad...
3 Replies, 548 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
603 Replies, 478,654 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 11:20 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2