How to explain to the older gen that the younger gen cannot afford HDB?

[chongquan82]

Ok for her to enjoyed the fruit of her labor

In fact chiu should ensure her that chiu are willing to pay 1 million for her resale flat

So that her grandchildren can also pay 2 million for your resale flat

 

[xdivider]

When i got married, my parents proposed that they move in with me, then they can rent out their whole HDB and collect money for their retirement expenses. I let them live rent free and feed them too in lieu of parent maintenance haha. In exchange they do the chores and childcare if any.

Financially, it's a pretty good deal. But quick consult with my wife, and quickly rejected the idea. How to dry the laundry, also cannot see eye to eye already. Live together is recipe for disaster.

normally stay with wifey parents, no issue, stay with guy's parent....i saw hits and misses b4.......

 

[windwaver]

Resale has always been for the more cash or CPF rich couples. New couples LL have to keep trying for BTO as that's the only way to get affordable housing.
During my time 20 years ago, I tried 6 times which mostly didn't even get a chance to choose, then finally got a pathetic number to choose the last few units.
It wasn't a matter of choosing location, any pigeon hole to will do.

People are lucky these days.

 

[windwaver]

I will say the older generation over pamper the younger generation till the younger generation has this entitled mentality.

If anything, that is the older generation mistake.

He is right isn't he?

 

[ceestudent]

yes, but in her post she juz ask for help to 'politely' explain her situation to the elderly. did she 'BASH' the elderly or the govt as someone claimed.......

Erm, she said in her post that her colleague is blind or deaf with the current situation? If you consider it as normal then ok bah.

Not forgetting the reply she got from other forumer is just basically turn this thread into bashing thread.

 

[V_for_Vanilla]

The best and only realistic solution for falling TFR is to import.

Yes. The proper progress of a nation cannot be held hostage by those who think they can use TFR as a bargaining chip for their own woes.

 

[TiedInsurer]

normally stay with wifey parents, no issue, stay with guy's parent....i saw hits and misses b4.......

Live with wifey's parents, usually the guy's parents will be angry. It feels like their son was the one who "married out".

Anyway, live with the guy's parents will only work if the wife is the very demure type. But that kind is very rare. Modern woman are strong and independent OL who will not take the slightest disrespect, both real or perceived.

 

[xdivider]

Erm, she said in her post that her colleague is blind or deaf with the current situation? If you consider it as normal then ok bah.

Not forgetting the reply she got from other forumer is just basically turn this thread into bashing thread.

Blind to her situation bcos of her own windfall from bto and never dipping into resale mkt. Complaining yes. Bashing? She din mention govt too but earlier post some allege she bash govt. If complaining about her woes is bashing govt then ok lo.

The bashing from other posters probably.....

 

[RedEyesFan]

I stayed in a room with 2 other siblings til I got married. Ballot for BTO for 3 years, my elder bro got his house, younger bro stayed Uni hostel, then my wife and me stayed in that room.

Difference between the younger and older generation is that the older generation adjusted the lifestyle according to circumstances and younger generation preferred the circumstances to adjust to their needs. They can't take hardship or inconveniences.

Yeah. Post-war economy, who do not want to conform to it.
Is now a post-war economy?

 

[xdivider]

Live with wifey's parents, usually the guy's parents will be angry. It feels like their son was the one who "married out".

Anyway, live with the guy's parents will only work if the wife is the very demure type. But that kind is very rare. Modern woman are strong and independent OL who will not take the slightest disrespect, both real or perceived.

Yup the one that worked was a pretty meek gal....

 

[TiedInsurer]

Yes. The proper progress of a nation cannot be held hostage by those who think they can use TFR as a bargaining chip for their own woes.

Open leg policy isn't a sustainable policy either, and the government recognises that. It's just a quick fix for quick and easy GDP growthy. It's like drugs. You can't stop, because the moment you stop, the growth stops too, while the ill effects will persist forever. However, turning down "quick and easy" is difficult, so that's what we've been doing for the past few decades.

More on the topic:
https://lkyspp.nus.edu.sg/docs/defa...tivity-challenge-a-historical-perspective.pdf

 

[Orphan]

73 years old?! He is even older than the Unix epoch, jin satki menz

Born in 1952 means he predates even MS DOS, by a decade...

 

[hachi]

isn't both by choice?
did you pass your english?

I am just asking a question... You OK?

 

[V_for_Vanilla]

Open leg policy isn't a sustainable policy either, and the government recognises that. It's just a quick fix for quick and easy GDP growth, but the effect fades away almost immediately. However, turning down "quick and easy" is difficult, so that's what we've been doing for the past few decades.

More on the topic:
https://lkyspp.nus.edu.sg/docs/defa...tivity-challenge-a-historical-perspective.pdf

It is sustainable. Ours is a calibrated approach and not open leg. Nation state as a concept evolves over time and history. One should not be overly obsessed by what prescribes a nation, like the white America that Trump is now imposing over there. Open leg is more like Biden, with near zero border control. We are neither.

 

[hachi]

normally stay with wifey parents, no issue, stay with guy's parent....i saw hits and misses b4.......

The guy must be alpha enough... Not mummy boy. If not wife get bullied

 

[hachi]

Open leg policy isn't a sustainable policy either, and the government recognises that. It's just a quick fix for quick and easy GDP growthy. It's like drugs. You can't stop, because the moment you stop, the growth stops too, while the ill effects will persist forever. However, turning down "quick and easy" is difficult, so that's what we've been doing for the past few decades.

More on the topic:
https://lkyspp.nus.edu.sg/docs/defa...tivity-challenge-a-historical-perspective.pdf

Not sure what is your age? My observation is the younger gen much more choosy. Shift work cannot do. No work life balance cannot do. Too far cannot go work on time and many other things.

Maybe due to upbringing or? If the work force without FTs... We are doomed.. Seriously.. Among my frds... Some raise kids like Prince and princess...

 

[TiedInsurer]

It is sustainable. Ours is a calibrated approach and not open leg. Nation state as a concept evolves over time and history. One should not be overly obsessed by what prescribes a nation, like the white America that Trump is now imposing over there. Open leg is more like Biden, with near zero border control. We are neither.

Did you read the paper? Your response tell me that you didn't.

Our GDP growth was almost entirely the result of importing labor. Add one more head = Add one more unit of GDP. That's not how an economy is supposed to grow. To achieve real growth, you need to improve the productivity of existing headcount. The problem with adding heads, is that the growth isn't inherent in your economy. Your GDP can get decimated if those heads leave. But if you get them to stay, population expansion will produce overcrowding to increasingly uncomfortable limits, and there's no real fix to that.

That's why PAP has been trying to induce increase in real productivity for the past couple decades, but so far results are poor.

 

[Rainstrike]

Live with wifey's parents, usually the guy's parents will be angry. It feels like their son was the one who "married out".

Anyway, live with the guy's parents will only work if the wife is the very demure type. But that kind is very rare. Modern woman are strong and independent OL who will not take the slightest disrespect, both real or perceived.

Hi Hahaha this is true. My parents always say I marry out. But it's ok bro. Idgaf what they think. I happy can already

 

[Rainstrike]

Hi my humble view is that you don't need to explain. Usually when people are fixated in their own views, you explain how well, how many times, they also won't get it and insist that they are right.

Because to them, perception shapes reality. It was a very different world that they lived in. They didn't experience what you are going through, of course they cannot relate to you.

 

[V_for_Vanilla]

Did you read the paper? Your response tell me that you didn't.

Our GDP growth was almost entirely the result of importing labor. Add one more head = Add one more unit of GDP. That's not how an economy is supposed to grow. To achieve real growth, you need to improve the productivity of existing headcount. The problem with adding heads, is that the growth isn't inherent in your economy. Your GDP can get decimated if those heads leave. But if you get them to stay, population expansion will produce overcrowding to increasingly uncomfortable limits, and there's no real fix to that.

That's why PAP has been trying to induce increase in real productivity for the past couple decades, but so far results are poor.

Of course I didn't read the paper. And why should I? This a short forum chat thread not an exercise in academia. I am also not trying to convince you or change your view. Besides I was mentioning TFR not gdp what not. As long as people are willing to come here and we are willing to take them with a calibrated approach, TFR isn't an issue. In fact I think attracting the right people is a greater challenge than TFR.