You don't own anything at all
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we are made by our parents in singapore..
therefore, we are property of singapore..
MADE IN SINGAPORE..
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After you are dead you pass it to your descendant then you also don't own anythign while your dead... Did you already enjoy enough during this life time? You want to deprive this from the fellow generation?
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So, what are we going to do about it?Originally posted by SpecOps87:Have it ever actually occured to you that you actually do not have any physical material possessions?Look at the majority of us who live in HDB flats, its actually on lease from the govt. for 99yrs we don't actually own the cars we drive as its also on loan for a period of 10yrs.
Its like we work like a dog for over 60% of our lives and we actually don't own the house we live in, the cars we drive. How do you feel about that?
Live within or below our means.
Save as much as we can and invest prudently.
Imagine this, if we save $1 today and double it every year, the $1 will worth $16,777,216 in 25 years time. Remember, every dollar save is equivalent to every dollar earn.
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That's cause so far flats have only been around on a massive scale for about 50 yrs max. Once the lease runs to about 30 yrs, you are sunk with a declining value property for sure.Originally posted by Aveme:ermm technically your theory is not correct.
HDB flats generally keep their value or likely appreciate so if you have wanted to,you can sell it away for that amount of $$ back which you can then decide to give it as an inheritance
Car?k maybe not but well the theory is just that its value depreciate alot and you will not get back much but still you accepted that when you buy it thus you did accept the ownership of a car for 10 years,if it was truely leased like what you said,after 10 years,do you return the car to the govt? No,at the very worst,you can sell it for scrap which is not much thou,but still the scrap is for you to sell.
If you have enough money left after all these heavy expenditure and invested wisely,these are also your ownership and is free for you to be given as an inheritance too provided that for all your stuff,you draw up a proper will if not good luck,the govt will tax the hell of out it.
Beside these are all material stuff,you can't even take any of these with you when your time is up,ownership or not,it does not really matters at the end of the day
This scenario goes against the argument of wanting "property owners" rather than renters so that they have more stake and will upkeep their property.
The more "renovations" "upkeep" you put into mortar and bricks is NOT yours at the end of the day, so you put your money into other things that you can take with you.
The solution for permanence and belonging is to create "Ancestor-class" flats which are huge flats that 2-3 generations of NS serviced, native-Singaporeans can buy, freehold, together, and set up in trust, with a professional plus family nominated management of the property.
These properties will be like the villages/mansions, estates of people from larger countries who can identify their roots.
We will have a situation where people can then say, they hail from Ghim Moh, or from Sembawang, and their "ancestral" lodgings will remain theirs in perpetuity.
These properties will serve as respite for smaller family nuclei who are down and out. (Many of my friends in US/Europe, when they lose their jobs, failed business, etc.) can always GO HOME. The ancestral properties are large enough to accomodate them, keep their belongings for storage for a long time, a bastion of peace in a life of struggle and competition.
We need that to bolster a sense of tradition and nationhood by forming new tribe spaces in a Singaporean context. -
It's true, we DO NOT truly own anything.Originally posted by SpecOps87:Have it ever actually occured to you that you actually do not have any physical material possessions?Look at the majority of us who live in HDB flats, its actually on lease from the govt. for 99yrs we don't actually own the cars we drive as its also on loan for a period of 10yrs.
Its like we work like a dog for over 60% of our lives and we actually don't own the house we live in, the cars we drive. How do you feel about that?
In fact, we owe our government a living instead, while they don't owe us a living.
How's that for fairness? -
hee hee hee
Wow I see enlightenment. Without the help of the hand too.
Good on you. -
Not fair, the govt owe us a living cause we voted them in. If we are not satisfied, vote them out till a govt realise they owe us for their position in a democracy.Originally posted by ShutterBug:It's true, we DO NOT truly own anything.
In fact, we owe our government a living instead, while they don't owe us a living.
How's that for fairness?
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MY LAPTOP IS MINE!!
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Simply said.
Land is all government's.
Money is all government's.
Government is all People's.
Sorry to life in this planet you just got to share everything with everyone living here. -
You owe the govt.
Govt ownz you. -
big brother can juz frame u...e.g. put porn in ur laptop...nt only ur laptop confiscated...ur body also confiscated by changi prison.Originally posted by Ito_^:MY LAPTOP IS MINE!! -
grr. ill break it before they get it!Originally posted by kaobeikaobu:big brother can juz frame u...e.g. put porn in ur laptop...nt only ur laptop confiscated...ur body also confiscated by changi prison. -
Damn! I should have thought of that last time.....Originally posted by kaobeikaobu:big brother can juz frame u...e.g. put porn in ur laptop...nt only ur laptop confiscated...ur body also confiscated by changi prison.
Thanks for the cue. -
ah ,can i be yr godsonOriginally posted by dragg:we are singaporeans!!
i wan to take over yr HDB flat,u no children rite -
I just realized: WE ARE OWNED!
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Its really disturbing to realise it...I actually fear it. I mean many of us actually work like dogs and end up with nothing when we move on.
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Don't quite get you.Originally posted by maxmin:Save as much as we can and invest prudently.
Imagine this, if we save $1 today and double it every year, the $1 will worth $16,777,216 in 25 years time. Remember, every dollar save is equivalent to every dollar earn. -
DEMOCRACY???Originally posted by Urroh:Not fair, the govt owe us a living cause we voted them in. If we are not satisfied, vote them out till a govt realise they owe us for their position in a democracy.
Where? -
Quote Fight Club:
'The Things you Own End up owning you' -
dats y i think its quite worthwhile to invest in overseas properties, etc.Originally posted by SpecOps87:Its really disturbing to realise it...I actually fear it. I mean many of us actually work like dogs and end up with nothing when we move on.