Kkkaaaiii Mark II
Master Member
- Joined
- May 14, 2011
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Gov is like a circus juggler. They have to balance the needs and interests of all sides.
1970-1980s= 5room was $27,000 Ghimoh,Commonwealth,Holland= all CENTRAL+very BIG units. Now shrunk to mickey-mouse shoebox birdcage Sengkang LONG-KANG=exceed $HALF-MILLION is insane. Couple 2pax work forever infinity years to clear mortage loan. No need raise kid? Age1 Baby until NS/ Uni age25? Dont raise 2nd/3rd kid? No need save for RETIREMENT? No wonder TFR 0.97. Sgp's imminent EXTINCTION is faster than dinosaurs as 1-2gens will HALVE at 0.97 TFR.HDB flat is still considered very cheap, you can get a 5 room flat in Sengkang for around $620,000.
Just stack and stack more grants.. Is the easiest thing to do.... And everyone happy...Gov is like a circus juggler. They have to balance the needs and interests of all sides.
Gov is like a circus juggler. They have to balance the needs and interests of all sides.
thats why hdb 99 yearsActually PAP agenda is to squeeze many more onto the island. Today got 6m population. If PAP build big big hdb, and maybe build another 1m big big hdb for these 6m population, there will be no land space to build more flats for further foreign influx.
I use everyone because not everyone own a 99 years lease hdb flat or sth better. I didn't say it must be at prime location.If you use “everyone”
which means even unemployed or grab or food delivery warrior
must be able to afford a
5 room hdb at prime area
before you conclude hdb is affordable
then isn’t there nothing much to discuss here
Please build more HDB flats rather than condos or private housing if really land is a limited resource then.This question has been answered 10,000 times already. Can edmwers refer to the past 200-300 threads about HDB prices?
Land is limited resources, can understand that concept?
and then we have the older generation wanting to kick their adult children out to earn rental incomeThis is quite a dumb take on the situation.
Fact is previous gen could afford their flats through single income. Blue collar income even.
Currently, most households require dual income with longer loan tenure to purchase a smaller flat, with a longer wait time and much more restrictions.
Have to be quite daft to not know that it is very much more expensive now.
They are the one created the problemWhy no cooling measures etc ?
They seriously think it is fine?
This question has been answered 10,000 times already. Can edmwers refer to the past 200-300 threads about HDB prices?
Land is limited resources, can understand that concept?
Why no cooling measures etc ?
They seriously think it is fine?
You think properly whether they gain more from expensive hdb or cheap hdb and you will have your answer riao.Why no cooling measures etc ?
They seriously think it is fine?
The present and future gen will have some serious issue in repaying the house loan and their retirement.