Government policies won't please all: DPM Teo
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Originally posted by jojobeach:
Singapore is the only place where people rely on government housing to make money.
HDB is an addiction.
its a monopoly. -
Originally posted by jojobeach:
Singapore is the only place where people rely on government housing to make money.
HDB is an addiction.
that is before they up graded to private housing using the money they made with HDB.
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Some people say bubble bursting will be very painful.
So how?
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he is right to say policies wont please all.
i fully agree.
but then the examples he gave are issues that affects only a small minority.
the import of foreigners definitely dont fall into that category. it pissed off majority of singaporeans.
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I dun even bother reading the article. It's another "excuse" for them to justify their policies when they don't work.
It's like saying "Not everyone like to eat chicken" or "sometimes u r hesitating, sometimes u r decisive".
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Originally posted by airgrinder:
I dun even bother reading the article. It's another "excuse" for them to justify their policies when they don't work.
It's like saying "Not everyone like to eat chicken" or "sometimes u r hesitating, sometimes u r decisive".
You are either in Sg or outside Sg.
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Originally posted by sgdiehard:
that is before they up graded to private housing using the money they made with HDB.
You call that upgrading ah ?
What is so upgraded ?
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Originally posted by jojobeach:
You call that upgrading ah ?
What is so upgraded ?
as long as they make money, If they buy condo with own facilities, if they buy landed where car park right at the door..that is upgraded on living condition. for some, they sell their bigger HDB and go for a smaller flat with plenty of extra cash for travelling and others, upgrading of lifestyle.
"Singapore is the only place where people rely on government housing to make money", a compliment to the government,? but don't forget, it is our own money.
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Originally posted by sgdiehard:
as long as they make money, If they buy condo with own facilities, if they buy landed where car park right at the door..that is upgraded on living condition. for some, they sell their bigger HDB and go for a smaller flat with plenty of extra cash for travelling and others, upgrading of lifestyle.
"Singapore is the only place where people rely on government housing to make money", a compliment to the government,? but don't forget, it is our own money.
In other parts of the world, people upgrade to bigger home when family expand. Then down size when they become empty nesters. Their house are "HOUSING", not a gold mine that can possibly explode.
Only in Singapore people "upgrade" from a spacious 5 room HDB flat to a tiny private Condo for the facilities. How often do you use the facilities anyway ? Really.
I have a pool in my backyard, possibly the same size of a small condo setup, the cost of maintenance is about $200 a month. My gym fee is only $30 dollars a month for family membership.
Yet a condo houses several family paying $300 for the facilities ? that's a lot of combined money for not very much.
But being Singaporean, I guess it's a lot to do with status.
Compliment to the government ? No, I was merely being sarcastic.
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Originally posted by jojobeach:
In other parts of the world, people upgrade to bigger home when family expand. Then down size when they become empty nesters. Their house are "HOUSING", not a gold mine that can possibly explode.
Only in Singapore people "upgrade" from a spacious 5 room HDB flat to a tiny private Condo for the facilities. How often do you use the facilities anyway ? Really.
I have a pool in my backyard, possibly the same size of a small condo setup, the cost of maintenance is about $200 a month. My gym fee is only $30 dollars a month for family membership.
Yet a condo houses several family paying $300 for the facilities ? that's a lot of combined money for not very much.
But being Singaporean, I guess it's a lot to do with status.
Compliment to the government ? No, I was merely being sarcastic.
I am not sure if it is an Asian mentality or just Chinese, house is not just a place to stay, but also an asset where you park your money or grow your investment. From a practical point of view, it is indeed stupid to move from a 5 room HDB to a tiny condo, but to many, the potential of increase in value of condo is much higher than for condo, and you have the total freedom to the use and sales of the condo, compared to HDB.
In many cities in Asia, there is always the housing for the free market and that a cheaper alternative for the citizens. But in cities like HK, the whole market is in the hands of a few tycoons, the most well known is Li Ka Shing, and HK government's hands are often tied when it comes to developing more public housing which will inevitably impact the private housing. There is not much the people can do to make money. Singaporean are happy if the government, or anybody who can help them fulfill the housing dream and make money.
People shows their status in different ways. To me, it is not so much what they have physically, but their values. Where they stay, what kind of house or apartment, got private swimming pool or garden, club membership....the 5 Cs, ....not many know how to express virtues or moral values, if they have any.
Houses and cars money can buy, work hard and you can get it, virtues and the right values takes time to cultivate. Recently at a coffee shop this not so old uncle bought everybody coffee because he is now a GRAND FATHER, hahahaha....and that is a status not many of us can achieve, no matter how hard we try.
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Originally posted by sgdiehard:
as long as they make money, If they buy condo with own facilities, if they buy landed where car park right at the door..that is upgraded on living condition. for some, they sell their bigger HDB and go for a smaller flat with plenty of extra cash for travelling and others, upgrading of lifestyle.
"Singapore is the only place where people rely on government housing to make money", a compliment to the government,? but don't forget, it is our own money.
But with public housing prices already so high, how to make money from it?
If it goes to 1 million dollars, sell already, where can we live?
At the void deck?
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Originally posted by charlize:
But with public housing prices already so high, how to make money from it?
If it goes to 1 million dollars, sell already, where can we live?
At the void deck?
The tents at Changi beach comes with a separate living room, 3 bedrooms and a spacious open air kitchen. Ocean front view some more. Not bad.
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Originally posted by charlize:
But with public housing prices already so high, how to make money from it?
If it goes to 1 million dollars, sell already, where can we live?
At the void deck?
Have you started buying a house? Is there a house that you can afford? If there is none, then you will have to work harder, save more or get married to use combined income.
Property prices will always go up in a stable economy, if it is high, it will go higher.
Sell your house and buy bigger one or buy a smaller one to enjoy liquidity, it is your math and your life, nobody can teach you. It will be a sad thing if the house you inherit from your father is worth $1 million and you don't know what to do with it.
If you are only able to live in void deck or changi beach, you shouldn't be thinking about buying houses. You have bigger choice going to Malaysia where there are jungle, fishing in the river, green and friendly environman or OZ, where there are free kangaroo meat for BBQ, coast and desert with golden sand, mountain with snow....
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Originally posted by sgdiehard:
Have you started buying a house? Is there a house that you can afford? If there is none, then you will have to work harder, save more or get married to use combined income.
Property prices will always go up in a stable economy, if it is high, it will go higher.
Sell your house and buy bigger one or buy a smaller one to enjoy liquidity, it is your math and your life, nobody can teach you. It will be a sad thing if the house you inherit from your father is worth $1 million and you don't know what to do with it.
If you are only able to live in void deck or changi beach, you shouldn't be thinking about buying houses. You have bigger choice going to Malaysia where there are jungle, fishing in the river, green and friendly environman or OZ, where there are free kangaroo meat for BBQ, coast and desert with golden sand, mountain with snow....
Times are bad.
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Originally posted by charlize:
Times are bad.
I think the worse is yet to come.
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the first most important thing to do now is lick your boss arse eve harder to keep your job at this moment....it is not so favourable to slap him with resignation now....good job market has shrunk....and retrenchments are already setting in ...though slowly....
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Originally posted by Fcukpap:
the first most important thing to do now is lick your boss arse eve harder to keep your job at this moment....it is not so favourable to slap him with resignation now....good job market has shrunk....and retrenchments are already setting in ...though slowly....
Those who lick arse do not necessary perform better than everyone else. They may not be the best or most talented workers. In fact, their attitude is the most rotten of all. -
Originally posted by iveco:
Those who lick arse do not necessary perform better than everyone else. They may not be the best or most talented workers. In fact, their attitude is the most rotten of all.It happens everywhere, in corporate world, religious places, families, political places and social circle. It matters if the bosses accept arse licking. This is the real test of the bosses.
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Originally posted by Fcukpap:
the first most important thing to do now is lick your boss arse eve harder to keep your job at this moment....it is not so favourable to slap him with resignation now....good job market has shrunk....and retrenchments are already setting in ...though slowly....
there is no doubt that more retrenchments are on the horizon, but it is really sad that your only survival kit is to lick arse. The worse is the situation where the retrenchment is between you and your boss, then he gets the satisfaction of being licked and then to keep his job.
If your job is becoming redundant, stay and get a good package if any, in the meantime look for a job. Never resign before you've found another job.
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henceforth, before u jump into another seemingly good job, think thrice before u do....and if not certain...one definitely must learn how to kow tow in very uncertain times...
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anyway, back to the policies...
all wise and educated politician will know...that all dynasties and systems do wane and fall ....so far there are no timeless governments....
we are all waiting....
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Originally posted by jojobeach:
Singapore is the only place where people rely on government housing to make money.
HDB is an addiction.
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Originally posted by Fcukpap:
anyway, back to the policies...
all wise and educated politician will know...that all dynasties and systems do wane and fall ....so far there are no timeless governments....
we are all waiting....
You can wait nong nong.
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Originally posted by sgdiehard:
Have you started buying a house? Is there a house that you can afford? If there is none, then you will have to work harder, save more or get married to use combined income.
Property prices will always go up in a stable economy, if it is high, it will go higher.
Sell your house and buy bigger one or buy a smaller one to enjoy liquidity, it is your math and your life, nobody can teach you. It will be a sad thing if the house you inherit from your father is worth $1 million and you don't know what to do with it.
If you are only able to live in void deck or changi beach, you shouldn't be thinking about buying houses. You have bigger choice going to Malaysia where there are jungle, fishing in the river, green and friendly environman or OZ, where there are free kangaroo meat for BBQ, coast and desert with golden sand, mountain with snow....
sigh, times are bad.
maybe my parents house will worth 1 million in the future.I can got to Aussie on retirement visa when i sold my house and combined it with my savings!!