Singaporeans Financially Screwed
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There is a diff my friend. No matter what, U will always need a roof over your head. Is this not trueOriginally posted by T.Ryousuke:Now 4rm resale r asking for 300k at places like Sengkang. The point here why ppl get stuck financially is bcos they din c the interest behind the loan, that is the 1 dat many ppl being caught off after selling their house. Car interest is in $6-$10k thing but housing is of $50k-$200k kind of range.
To a couple 1k per mth mean 500 each, which to them is still can manage. 1 thing is u will buy high and sell high, so look no diff to me.
If you buy a house under Govt's 1st time buyer loan...... your rate and cost of flat is low. You of course must be willing to buy unit outside popular area like AMK, Bishan... etc. And also not resale flats. My unit at Woodlands is newly built (leftover) unit in the 1998s..... The money I paid won't even get me a 3 Room at AMK (where I've live for near 20 years).
As long as you don't plan to treat your unit as an 'Investment' to be sold when the price is right...... U will always have a place of your own to stay. If you were to rent..... the owner could rise the rent anytime they want and even throw you out if you disagree with the rise. If you own the place, it will be a diff story.
You paid $200K for your house...... if the price goes down, would it means you lose money No.... just 'paper loss', cause you can still need a roof. You can chose not to sell it at a loss.... just wait.
Land in S'pore (like HK) is limited... the price of houses will always goes up. As the number of ppl increase.... demand of houses will also increase. That is a supply & demand issue..... even if the price is now low, U still need a home right, just wait lor. -
...stupid excuses... if the 10 levels flats are converted to 40 level flats, the prices will come down... it is a lie to say that the prices must go up....
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... the despots push up property prices to benefit themselves and their cronies... even though it is at the expense of the majority of Singaporeans....
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... one of the food court stall at Suntec said he pays $14K rental... it is working for the sake of the land owners... which of course, the despots and their cronies are... when the despots push up property prices...
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I'm sick of you repeating half-truths.Originally posted by AndrewPKYap:... one of the food court stall at Suntec said he pays $14K rental... it is working for the sake of the land owners... which of course, the despots and their cronies are... when the despots push up property prices...
HOW, EXACTLY are the so called "despots" profiting from the high rental in suntec. -
you misunderstood his sentence structure/contextOriginally posted by deathbait:I'm sick of you repeating half-truths.
HOW, EXACTLY are the so called "despots" profiting from the high rental in suntec. -
not really.Originally posted by eagle:you misunderstood his sentence structure/context
He was building up to this point.
It's the same every post.
Everything is the government's fault, and only Dr Chee can save us. -
Originally posted by deathbait:not really.
He was building up to this point.
It's the same every post.
Everything is the government's fault, and only Dr Chee can save us.
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Originally posted by hloc:
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Care to explain what exactly is the penalty you are talking about that caught seller off guard?Originally posted by T.Ryousuke:Now 4rm resale r asking for 300k at places like Sengkang. The point here why ppl get stuck financially is bcos they din c the interest behind the loan, that is the 1 dat many ppl being caught off after selling their house. Car interest is in $6-$10k thing but housing is of $50k-$200k kind of range.
To a couple 1k per mth mean 500 each, which to them is still can manage. 1 thing is u will buy high and sell high, so look no diff to me.