Never Imagined I will Start a Thread defending MahBowTan :)
-
Why you call him a dog?Originally posted by Gazelle:Nah...you have defended the dog,..it is the owner that you need to thank.
Article from July07.
MINISTER Mentor Lee Kuan Yew warned that rising property prices and rents have to be kept in check, or Singapore will lose its competitiveness.
In the strongest comments from a minister on the red hot property sector so far, Mr Lee said the influx of top foreign financial executives have fuelled a demand for high end office and residential space.
Some of the cash rich home owners, who have sold their condominiums in en bloc sales, are, in turn, buying higher end HDB flats, pushing up their values.
'We must check this spike in rents for office and residential space or we will lose our competitiveness,' said Mr Lee.
His remarks come after a series of steps taken by the Government to cool the property sector that has seen office rents and property prices soaring.
On Monday, the Urban Redevelopment Authority (URA) assured private home buyers that there are still 22,700 unsold units in the pipeline for the next three years.
And on Wednesday, it launched a plot of land in Scotts Road to be used as temporary office space to meet the acute shortage.
Mr Lee noted the Government is releasing more land for new office blocks and condos.
'We must not allow our rents to shoot up as high as in Hong Kong,' said Mr Lee
How can?
-
...making people indebted.... making people work so many more years if not their whole lives... to pay for housing... making people pay the government exorbitant amounts to drive... making people pay exorbitant amounts for many services under Temasek's control and suppose to be government services from taxes... persecuting political opposition (JBJ, CSJ et al)... persecuting intellectuals (like Catherine Lim, Francis Seow)... behaving like a barbarian ... and that is his "vision"...
all the material "achievements"? KL, HK and Taiwan leaders did not behave like despots and barbarians to that extent and robbed their citizens to achieve it did they?
... he created a monster that is an opaque, self-serving despotic dictatorship that he himself knows is unsustainable and not unlike the old NKF under Durai... looking good on the outside but in reality, a so called "charity" that takes care of "management" at the expense of the charity's charges... (10cents or is it 1cent out of every dollar going to the kidney patients)...
...and that is why he is pleading with Malaysia to take Singapore back.... but his ass sniffing dogs can't tell his ass from his face...