Rent control act was abolished in 2001 by the G. The main reason why rents have gone out of control?

[Tetsuconek]

https://www.nas.gov.sg/archivesonline/data/pdfdoc/2001022303.htm

 

[coyote]

Please have more educated guesses... You dug out a 24 years old news and made wild guess? You didn't complain rental surge 24 years ago? And suddenly 24 years after, you blame rental on an act enacted 24 years ago? Does that sound logical to you?

 

[Tetsuconek]

Why did the G chose to abolish rent control in the 1st place? Who stand to gain the most? Obviously the landlords right? And who is the biggest landlord in SG? Very obvious right? They created the problem but keep denying rental is the cause of businesses shutting down

 

[Tetsuconek]

Please have more educated guesses... You dug out a 24 years old news and made wild guess? You didn't complain rental surge 24 years ago? And suddenly 24 years after, you blame rental on a ln act enacted 24 years ago? Does that sound logical to you?

A wild guess is not backed up by facts. And rents are gradually increasing thru the years. Akin to a frog being boiled alive in a pot. By turning up the heat slowly and gradually. Now after 24 years. People are feeling the heat and they are crying out. What wild guess? U offended cos u one of the landlords and now lobang at risk of kenna picha?

 

[coyote]

A wild guess is not backed up by facts. And rents are gradually increasing thru the years. Akin to a frog being boiled alive in a pot. By turning up the heat slowly and gradually. Now after 24 years. People are feeling the heat and they are crying out. What wild guess? U offended cos u one of the landlords and now lobang at risk of kenna picha?

It's ok. 夏虫不可语冰。。。I shall save my breath... just carry on whining.

 

[blue666]

Why did the G chose to abolish rent control in the 1st place? Who stand to gain the most? Obviously the landlords right? And who is the biggest landlord in SG? Very obvious right? They created the problem but keep denying rental is the cause of businesses shutting down

You could have profited from the system

now you are lying flat and collecting 5 figures rental every month

 

[Tetsuconek]

It's ok. I shall save my breath... 夏虫不可语冰。。。 just carry on.

Yes. It's 对牛弹琴 to someone like you.

 

[dambio]

A wild guess is not backed up by facts. And rents are gradually increasing thru the years. Akin to a frog being boiled alive in a pot. By turning up the heat slowly and gradually. Now after 24 years. People are feeling the heat and they are crying out. What wild guess? U offended cos u one of the landlords and now lobang at risk of kenna picha?

U forgot those who invest in reits 1

 

[psyger-zero]

A wild guess is not backed up by facts. And rents are gradually increasing thru the years. Akin to a frog being boiled alive in a pot. By turning up the heat slowly and gradually. Now after 24 years. People are feeling the heat and they are crying out. What wild guess? U offended cos u one of the landlords and now lobang at risk of kenna picha?

Yes agree,it's effects won't be felt instantly but rather over time as the lords discover they can keep jacking it up progressively. They won't do it at one go the moment the act is lifted else it's obvious there'd be resistance.

 

[Vinda99]

Inb4

What's wrong with collecting more money

 

[Jay6789]

a precursor to REITS...

 

[David Lai]

any thing that gets into the way of those key figures and elites from enriching, will be abolished, one way or another…

 

[rEe_TaN]

Yes. It's 对牛弹琴 to someone like you.

bro.. talking to these PAP IBs is always like this one.. what to do?

 

[standarture]

The free market bidding system is flawed because it assumes everyone is rational. But what happens if a whale enters the party?

 

[buttbERry]

is that the reason?

 

[LoaGong12]

U forgot those who invest in reits 1

the Reits arguement is BS . If reits are really profiting why are we all not buying reits? their returns are paltry!

 

[LoaGong12]

The free market bidding system is flawed because it assumes everyone is rational. But what happens if a whale enters the party?

ur point is incoherent

 

[LoaGong12]

was it actually being enforced prior to the appeal? a lot of legislation are just sitting on the books
it takes a lot of work and time to review all legislation

 

[orwell76]

Wah want to enforce rent control for their favorite foreign talents liao

 

[zoossh]

A wild guess is not backed up by facts. And rents are gradually increasing thru the years. Akin to a frog being boiled alive in a pot. By turning up the heat slowly and gradually. Now after 24 years. People are feeling the heat and they are crying out. What wild guess? U offended cos u one of the landlords and now lobang at risk of kenna picha?

It is all very logical.

if you ain’t in a cave for decades, u will know that complaints has always been there and it is never suddenly