Club 30's "Kill the Boredom Demon" Jive Pad, 90th Edition
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yeah.. if you call $475k "quite little"
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Originally posted by av98m:
errmm...my parents paid about 200 plus k for the unit over 20 years ago.now you give us 1.2 mil we can only buy a 5 room flat liao. so en-blocs are evil.
if only there was zero inflation...speaking of riches, i'm looking at this list of defaulted loans - friggin guy defaulted on his vehicle installments. guess what's the model? s320!
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Originally posted by cassie:
if only there was zero inflation...speaking of riches, i'm looking at this list of defaulted loans - friggin guy defaulted on his vehicle installments. guess what's the model? s320!
reminds me of the time someone was saying that companies were flogging BMWs to couples whose collective income barely reached $3k -
what is a s320?
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Originally posted by the Bear:
yeah.. if you call $475k "quite little"
now you'd need to pay a quite few million, thanks to inflation and whatnotso my point is, en-blocs are quite a bad deal for homeowners aka non-speculators.
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Originally posted by kopiosatu:
what is a s320?
Mercedes Benz -
Originally posted by kopiosatu:
what is a s320?
Merc S320
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Originally posted by kopiosatu:
what is a s320?
merc benz -
i'll never buy an expensive car.
it serves no purpose for me
unless i have to drive from SG to thailand
even then, i'll buy a big bike again
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Originally posted by av98m:
now you'd need to pay a quite few million, thanks to inflation and whatnotso my point is, en-blocs are quite a bad deal for homeowners aka non-speculators.
since when did anyone other than speculators win? though now with the prop market softening (elsewhere), loads of peeps getting their fingers burned. -
Originally posted by the Bear:
reminds me of the time someone was saying that companies were flogging BMWs to couples whose collective income barely reached $3kthat was pinky's friend at a bank looking at this moronic couple's loan application to buy a BMW. Combined household income barely touching 3k. the manager told her friend to approve it, saying they will make $$ by reposessing it soon.
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SHIT!!!!!! MY NUGGETS ARE FINISHED!!!!!
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Originally posted by kopiosatu:
i'll never buy an expensive car.
it serves no purpose for me
unless i have to drive from SG to thailand
even then, i'll buy a big bike again
yeah.. people like us..
you might buy the box on wheels coz it'll serve your purpose..
i bought my little car just because it's the most value-for-money car
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Originally posted by av98m:
that was pinky's friend at a bank looking at this moronic couple's loan application to buy a BMW. Combined household income barely touching 3k. the manager told her friend to approve it, saying they will make $$ by reposessing it soon.
i do neither - not approvals nor repo. less mess especially when things go downhill and they need a scapegoat. -
which idiot would even dare buy a cherry QQ with combined income of less than 3k a month ....
much less a beemer ? ....
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bear, I presume you're waiting for the property market to soften so you can sell your backside to the bank?
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Originally posted by Fatum:
which idiot would even dare buy a cherry QQ with combined income of less than 3k a month ....
much less a beemer ? ....
never underestimate the power of stupidity... -
Originally posted by Fatum:
which idiot would even dare buy a cherry QQ with combined income of less than 3k a month ....
much less a beemer ? ....
you'd be suprised what kind of shit people will do -
Originally posted by the Bear:
never underestimate the power of stupidity...those people shouldn't be allowed to breed ....
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Originally posted by Fatum:
which idiot would even dare buy a cherry QQ with combined income of less than 3k a month ....
much less a beemer ? ....
not as idiotic as the people who sign off on the loan -
Originally posted by cassie:
not as idiotic as the people who sign off on the loanbut it makes business sense ....
doing repo ? ...
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Originally posted by Fatum:
but it makes business sense ....
doing repo ? ...
you getting the vehicle back in the same condition as day 1? who bears cost of repo? yeah sure add on to the loan amount...but since he defaulted, he ain't paying you back. re-sale? yeah sure, which means you gotta "restore" the vehicle to saleable position. -
Originally posted by av98m:
bear, I presume you're waiting for the property market to soften so you can sell your backside to the bank?
yeah.. that's the plan..actually, i wish there's this sudden revelation that the banks have been covering up the losses of the sub-prime and everything goes to hell in a shitbucket...
and in Singapore, too many fucktards get burnt and the property market turns into hammered shit...
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Originally posted by the Bear:
yeah.. that's the plan..actually, i wish there's this sudden revelation that the banks have been covering up the losses of the sub-prime and everything goes to hell in a shitbucket...
and in Singapore, too many fucktards get burnt and the property market turns into hammered shit...
here's hoping that all the expensive new units being built now goes for lelong by then. and if all goes well........that you won't have to sell your backside alone
in other news...should we be scared that most of the new shopping centres and condos in singapore are being built by PRC companies?