Should the govt make HDB a rental scheme?
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Where u just pay for every month and the flat does not belong to u. This way the gov coffers will have a steady income. When u retire use part of CPF to gain ownership of the flat
What do u feel about this? -
it already is...
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But it's already like that what.
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yeah, it already is
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But uneed to pay an upfront money. For couples or guys just entering the workforce, this is a hindrance.Originally posted by mistyblue:it already is... -
Rental also got bond involved, bond is also quite a sum of money.Originally posted by Love Story:But uneed to pay an upfront money. For couples or guys just entering the workforce, this is a hindrance. -
HDD is govt housing for citizens. it should not be like private property.
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we nominate you to write a letter to HDB and the current govt.Originally posted by Love Story:HDD is govt housing for citizens. it should not be like private property.
And I personally wish you good luck! -
Exactly, then why should it made a rental scheme?Originally posted by Love Story:HDD is govt housing for citizens. it should not be like private property. -
In general, it is always better to save up before buying. Bitter 1st, sweet laterOriginally posted by Love Story:But uneed to pay an upfront money. For couples or guys just entering the workforce, this is a hindrance.
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The way s'pore s going now the currentt rend of the govt is to ensure a steady flow of revenue hence the ERP and such.
Why shouldnt HDB become the same? U pay for it a eg lower cost and u can choose to own or let go the flat. in 20 years time such scheme may come about when the majority poplation here will be FT. Which means there willbe people going in and out of the country. This way there will be no property market forces involved unless u choose to buy the flat.
another way would be a fixed rate for transport. But the oil matter is the biggest hindrance. If MRT, buses and other transpost can switch to hydrogen or electrical powered sources, it may be possible in 20 years time. -
Oh bother, this is going to turn into one of those "FT gonna rulez" thread. I'm out of this.
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If everything is fixed and maintained at a reasonable rate. I am sue there will not be discntentment among s'poreans and the govt will have staying power to rule.
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The biggest problem is market forces making up an economy.
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A Primer on Hydrogen and Fuel Cell Technology
Excerpt from Powering Our Future: An Energy Sourcebook for Sustainable Living. The text was modified to fit the Web site.
Hydrogen is the lightest, as well as the most abundant element in the universe. Although this single-proton atom is ubiquitous, its colorless and odorless characteristics make it imperceptible to the senses. On earth, it is a main component of water, fossil fuels, organic matter, and many other natural compounds. Hydrogen readily bonds to other elements, so it is rarely found in its pure form. To use hydrogen as a fuel, it must be extracted from another substance, such as water or natural gas. For this reason, hydrogen is considered an energy carrier as opposed to an energy source. However, it does effectively serve as a medium for storing and transferring energy from a source to an electric current.
Used for a diversity of industrial purposes, there is already a well-established hydrogen production industry. Unfortunately, worldwide, 96 percent of hydrogen is produced from nonrenewable sources. Using conventional methods, deriving hydrogen from fossil fuels carries essentially the same problems associated with hydrocarbon combustion. When acquired from clean, renewable sources, however, it can provide an inexhaustible supply of energy with minimal impact on the environment. According to the American Solar Energy Society (ASES), "Hydrogen, generated by renewable energy resources, is the most sustainable, secure, healthy, economic, environmentally friendly, and socially compatible new energy option." While there are numerous hurdles that still remain for the industry, many experts are convinced that the end of the petroleum age will give rise to the dawn of the hydrogen economy.
In order to harness the energy in hydrogen, a fuel cell is required. A fuel cell is similar to a battery that never needs recharging as long as hydrogen is fed into the fuel cell. The byproducts of fuel cells are only water and sometimes trace amounts of nitrogen oxides. There are few applications where fuel cells are not feasible candidates. Unlike electricity, hydrogen offers the advantage of being relatively easy to store. As a result, many applications that currently employ a battery storage system may eventually turn to hydrogen to provide a reliable and efficient source of stored energy. Fuel cells have the potential of providing virtually all of society's energy needs, including transportation, power generation, temperature regulation, and micro applications such as cell phones.
Hydrogen is an extremely enticing energy option for a clean, sustainable energy future. However, as corporations and governments pour billions of dollars into developing hydrogen and fuel cell technology, uncertainties linger regarding the economic and technical feasibility of this emerging industry. Fuel cell technology is here, but its debut in mainstream society remains on the horizon for several reasons: First, fuel cells are still many years from large-scale commercial implementation. However, if this emerging industry were to receive some of the tax incentives currently available to the fossil fuel industry, we could significantly speed commercial implementation. Second, the hydrogen industry is only as clean and sustainable as the sources and processes used to produce hydrogen. The current practice of producing hydrogen from polluting, nonrenewable fossil fuels may be suitable in the short-term, but in the long-term we need to produce hydrogen from renewable sources if we desire to attain a clean and sustainable energy future. Ultimately, a full commitment to developing economical methods of extracting hydrogen from renewable sources is essential. While it would be dangerous to rely excessively on unproven fuel cell technology to solve future challenges, the anticipated hydrogen economy offers our best opportunity, at present, to create a healthier and more stable global energy future. While transitioning from a fossil fuel driven economy to a hydrogen economy, increasing energy efficiency and implementing conservation measures can reduce environmental impacts as we move toward a clean and renewable energy future -
is there a free market????Originally posted by Love Story:The biggest problem is market forces making up an economy. -
Wah, not bad eh, from rental scheme can deviate to hydrogen extraction. Gotta give it to you man.
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There are Hydrogen powered vehicles on the market currentlyOriginally posted by ditzy:Wah, not bad eh, from rental scheme can deviate to hydrogen extraction. Gotta give it to you man. -
Yes, and what has that have to do with HDB providing a rental scheme?Originally posted by Love Story:There are Hydrogen powered vehicles on the market currently -
If u dint know, limited energy sources such as oil is the biggest problem in the world today. They are the cause of wars, conflicts between countries
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Yes, but what has limited energy sources got to do with HDB providing a rental scheme?Originally posted by Love Story:If u dint know, limited energy sources such as oil is the biggest problem in the world today. They are the cause of wars, conflicts between countries -
When technological advances such as nanotech arrives int he future, society will progress as it does not need to worry about human interests anymore.
I always believe there will come a time when u see a society as portrayed int the movie Demolition Man. Where there will be a peacuful world with no wars and human interests involved.
If u cant picture it. let's say if this world is a place where u dont need to pay for anything, u will not have any conflicts with the world. But again u will see another type of problems emerging , the scenario pictured in the movie Fight Club or the New world Order theories -
earth to mars ..*static* .. come in mars ..*static* . did you hear me ... *static*
D, bad news. We just lost mars... "-_- -
I do not mean to be insensitive but let's just look at the number of people who need money and the number of people who suffering in this world. These philosopers are wasting their time with this $#iT, you break out the hamsters and the flanks or you pack up your $#iT and go home.