Ridiculous HDB Prices
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Put up something online for sale :lol: anyone who wants it has to pay 1st then download
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Write e-book?
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Originally posted by charlize:
Which bank will loan you for 100 years?
Don't tell me the bank that loans you for 30 years.
you are the one who talked about a "100 years, mortage loan. It's affordable.
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Yes, E-Book, anything can have an E before it. E-HDB flats oso can :lol:
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Originally posted by Mr Milo:
Yes, E-Book, anything can have an E before it.
E-HDB flats oso can
Quote first.
So next time can say idea came from milo dinosaur.
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shit :lol:
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:lol:
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Originally posted by VivId CrItiQuE:
Why are there so many s-u-c-kers out there paying sky high COVs for HDBs? Where are these s-u-c-kers coming from?
The problem coming home full circle?
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http://www.washingtonpost.com/blogs/...using-bubbles/
An alarming map of the 17 countries with possible housing bubbles
BY MAX FISHER
December 3, 2013 at 7:30 am
The 17 countries identified as having potential housing bubbles. Click to enlarge. (The Washington Post)
Economist Nouriel Roubini is warning that 11 countries are showing indications of potential housing bubbles – an alarming prospect for the global economy, which is still recovering from the aftereffects of burst housing bubbles in the United States and elsewhere. He identifies another six countries in which major urban areas may have housing bubbles.
Those 17 countries with possible housing bubbles are mapped above in red. The lighter-red countries have housing bubbles in major urban areas only. You'll notice that this map includes very rich countries such as Switzerland and Norway along with enormous rising economies such as India and Indonesia. Perhaps most alarming, if least surprising, Roubini joins the rising chorus of economists warning that China's housing market is dangerously over-inflated. (He identifies mainland China as well as Hong Kong.)
Here's the list of countries identified as having possible housing bubbles, from West to East: Canada, France, Switzerland, Germany, Norway, Sweden, Finland, Israel, China (mainland plus Hong Kong), Singapore, Australia and New Zealand.
And the countries with possible housing bubbles in major urban areas, West to East: Brazil, United Kingdom (just London), Turkey, India and Indonesia. ... -
Originally posted by VivId CrItiQuE:
Why are there so many s-u-c-kers out there paying sky high COVs for HDBs? Where are these s-u-c-kers coming from?
Originally Posted by tonychat 
Once upon a time, PAP was the socialist Robin-hood, today, PAP is the communist Big Bad Wolf...
HDB flats were previously cheap because the PAP government stuck closely to its socialist roots and supplied HDB flats built on either government (used by villages/ kampong etc) or confiscated freehold land for almost free (just pay the subsidized building costs e.g $8000 in ToaPayoh 1970's), now, the communist, over salaried PAP wants a market price for the land in the midst of a property bubble of its own creation, what to do, the PAP has changed from robin hoods into the greedy landlords themselves, all they are inviting is probably a revolution in due course… Time will tell that is…
COMMUNISM, BUREAUCRATIC: You have two cows. The government seizes both and provides you with milk. You wait in line for hours to get it. It is expensive and sour.
Of Governments and Cows -
No bubble in Sg.
Only 1 million dollar hdb flat.
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2 million next :lol:
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Heard recently, hdb masionette 1.05 million.
Damn scary.
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We are all millionaires :lol: Soon, Sg will be the 1st in the world to have the most millionaires :lol:
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Why is that not a good thing ?
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Originally posted by charlize:
Why is that not a good thing ?
Because Zimbabwe arrived there before us. Circa 2008-2009, at the peak of hyperinflation, the largest currency note printed was the Zim$100 trillion dollar note.
The following pict shows just 3 eggs to cost a couple of billion dollars, until of course Zimbabweans (but firstly the world) REFUSED to accept Zim$ any longer. Today, the Zimbabwean dollar is no longer legal tender even in Zimbabwe, Singapore (along with all other countries doing inflation targeting) experience similar problems, except that these problems are spread out over the long term, unlike Zimbabweans who had to suffer great losses in finial wealth basically over the few years where Roberto Mugabe printed Zim$ without restrain... and plagued the Zimbabwean economy with hyperinflation.
http://www.e-allmoney.com/inflation/images/zimbabwe_inflation.jpeg
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:lol: Banana notes :lol:
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Damn scary.
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Why would price increase as lease decreases?
Why?
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ya lor Malaysia condo much cheapter than our 4 room hdb flat
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Landed there already cheaper than 3 room flat here.
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Originally posted by charlize:
Landed there already cheaper than 3 room flat here.
All of your posts are damn sarcastic -
Are you sure you know the meaning of sarcastic?
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hanor hanor :lol:
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Originally posted by charlize:
Are you sure you know the meaning of sarcastic?
Yes you are wasting your time...
