Prices of Singapore’s public flats to continue increasing: M
-
Originally posted by angel7030:
i go my car and take the jack, u can help me change my BM punture tyre??
-
actually i wonder, the rising property prices Singporeans ourselves have partly to blame for tis
remember e spree of condo launches?
-
no...no!!! everything must blame the govt, that is the culture here.
-
Originally posted by angel7030:
no...no!!! everything must blame the govt, that is the culture here.
its because they th ones making the decisions and stop others from helping them. Thats why we blame them.
-
Originally posted by angel7030:
no...no!!! everything must blame the govt, that is the culture here.
-
Originally posted by ☃®:
its because they th ones making the decisions and stop others from helping them. Thats why we blame them.
it is already a culture, so they are getting use to it, no problem...keep blaming...keep keep blaming, ...keep blaming for love -
true wat
whenever we tell them, look it's not going to work
do they listen? They must wait until e mess occur then resolve it w/o a sorry
-
I was somewhat astounded to find an article on Asian Correspondent celebrating the appalling housing affordability problem in Singapore. Chua Chin Leng from My Singapore News writes:
Higher property prices music to Singaporeans' ears
There are 900,000 public flat owners in the island plus another couple of hundred thousand private property owners. Any hike in property prices is music to the ears of these owners. No wonder everyone feels so good in shouting up the prices.
A 10 percent rise in property prices will mean that the net worth of these owners will go up proportionally. The only minority that may feel the pinch will be the young couples that are starting a new life but don't have rich parents to buy them their dream homes. But this is a minority and their protest votes, if any, will not cause any dent to the 900,000 happy flat owners and the rest of the private property owners.
Well, to start with, that's at least 900,000 renters (more, because many homes have more than one resident) who are going to be stuck renting indefinitely, so you'd think their votes would at least cancel out their landlords'.
It also seems silly to describe the next generation as a "minority" that can be ignored - they are inevitably going to replace older Singaporeans, after all. As will the one after them. And the one after that.
And as for the "net worth" of property owners going up - well, yes, that's true. But it's not much use to home owners, who don't actually get that money unless they sell their house and don't need to buy another one. The only people who really benefit from houses rising ahead of inflation are those with investment properties, and they do it at the expense of those trying to enter the market to buy one single home.
Leng cheerfully boasts:
Weighing in all the numbers and factors, objectively, the higher the property prices, the more people will be laughing their ways to the banks. And this will mean more votes in the general election for the ruling party. Thus the higher the prices go up, the better it is.
The equation is simply for high property prices. Anyone hoping that property prices will come down is deluding himself. Prices cannot come down or more votes will be lost. Singaporeans should cheer and look forward for more higher property prices. It is their nest eggs that is at stake.
The only thing higher property prices enable Singaporeans to look forward to is an increasing gap between the rich and the poor, and the accompanying social instability from a generation of permanent renters who no longer even aspire to own their own home. If it continues, the only Singaporeans who'll be able to buy a house will be those on the very highest incomes and those whose parents bequeath them property. It's not a recipe for a happy country in the long term. -
Built more high rise flats...in future, will be 50 storey and above, can house hundreds of units in a small space land.
-
When prices go up
Buyer not happy
Tenant not happy
Seller Happy
Developer happy
Agents Happy
Landlord Happy
Govt also happy /more stamp duties/etc
-
Originally posted by angel7030:
i go my car and take the jack, u can help me change my BM punture tyre??
How about we ram a carjack into your hum's cheebye mouth? -
The main pple suffering are first time home buyers...
Property prices are rising faster than wages...
To govt: You want more babies from young couples, yet you squeeze the young citizens at housing... Contradictory leh...
-
Maybe might increase more in the next few years.
Still have another 1.5 million new residents that have not stepped onto Singapore shores yet.
-
Originally posted by eagle:
To govt: You want more babies from young couples, yet you squeeze the young citizens at housing... Contradictory leh...
They found the easy way out.
Import foreigners. Simple, effective, minimal impact to their status quo
-
Originally posted by eagle:
The main pple suffering are first time home buyers...
Property prices are rising faster than wages...
To govt: You want more babies from young couples, yet you squeeze the young citizens at housing... Contradictory leh...
It is better to increase gradually then to have a sudden high increases on a long term basis, so far, i see everyone of us, whether rich or middle or poor, had a roof on top of them, it shown and proved that it is still affordable. If we dun increase abit by abit, in five 5 years time, when we found out that the cost is getting higher and higher to build, there would be tremedously sudden huge increase cause more panic among the citizens of both the old and the new. So, by increasing it gradual, it is not that painful, and peoples can still adjust to it and be afforadable to purchase it.On the other hands, by increasing our property value, we expect future better educated, cleverer and richer immigrants to come in instead of those strugglers immgrants who are a distaste to most local singaporeans. In another words, the future immigrants coming in are expected to be middle class peoples who are more gracious and better in a way, contribute to our society and also share the burden of our taxation policies. Get it?
-
Originally posted by eagle:
The main pple suffering are first time home buyers...
Property prices are rising faster than wages...
To govt: You want more babies from young couples, yet you squeeze the young citizens at housing... Contradictory leh...
Objection!!!
Can you prove to me that the cost of living is directly affecting our reduction in making babies?
-
Originally posted by angel7030:
Objection!!!
Can you prove to me that the cost of living is directly affecting our reduction in making babies?
Simple mental deduction= you want children you have to provide living space for them. -
Originally posted by Herzog_Zwei:
Simple mental deduction= you want children you have to provide living space for them.
At my East Park Here, alots of big tents with childrens running around, still can go on with life?? Some have 4 kids some have 3 kids, but opposite those houses like mine and luxury condos, seem like quiet quiet, either not married or no kids or just one kid?? so it space an issue, no space for sex??