Making hdb flats more affordable
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Originally posted by dechang:
(1) Naive. You think government is really sincere in wanting to curb immigration and restrict foreign labour influx
(2) How do you attract more investments from MNCs when they come to singapore and you restrict foreign labour influx causing their labour costs to increase?
Which MNCs will want to come to singapore to invest and employ expensive singaporeans to work for them?
Some people are so simple minded. I guess this is your 1st day in singapore huh
I guess you are one Singaporean that has been corrupted by the govt's talk about being cheap and good (with cheap being the most impt factor).
There are other means of attracting investment, labor costs being ONLY ONE of them.
Aiyo... you really aren't doing much critical thinking, eh?
And since when are we talking about the sincerity of the govt? We are talking about how to manage costs, NOT about whether the govt is sincere in really wanting to manage costs or not.
If you cannot get out of the mindset of "I hate the Govt", and look at things objectively, no one can help you.
You will just continue to whallow in self-pity.
And, since you like to criticize without giving any alternate suggestions (as per always for armchair critics), why don't we hear what you think we should do, for our housing woes right now?
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seems like soul_rage is talking about himself.
He comes out with naive solutions and than act smart and than say other people got no solutions to offer.
Pot calling kettle black
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Originally posted by icare:
seems like soul_rage is talking about himself.
He comes out with naive solutions and than act smart and than say other people got no solutions to offer.
Pot calling kettle black
*shrugs*
whatever. I am too lazy to educate immature kids.
A suggestion to peg prices for HDB flats based on your simplistic idea is really stupid, given the situation we are in now. Not only is it stupid, it's totally irresponsible, for it will cause damage to individuals as well as our economy.
I am glad we don't have leaders that are as immature as you. That will be really sad for Singapore.
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Originally posted by dechang:
Yup. But hdb will never be willing to tell us the true cost price
yah. They wont tell us. -
Originally posted by soul_rage:
*shrugs*
whatever. I am too lazy to educate immature kids.
A suggestion to peg prices for HDB flats based on your simplistic idea is really stupid, given the situation we are in now. Not only is it stupid, it's totally irresponsible, for it will cause damage to individuals as well as our economy.
I am glad we don't have leaders that are as immature as you. That will be really sad for Singapore.
It will be even more sad for singapore to have brainless idiots like you,I feel sad for your parents for having kids like you.
You waste singapore oxygen and food
You are better off dead than alive useless piece of shit
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eh...guys, i thot we are talking about HDB prices...
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Im just afraid that KBW ask me go malaysia stay if i want affordable house. =(
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Originally posted by icare:
It will be even more sad for singapore to have brainless idiots like you,I feel sad for your parents for having kids like you.
You waste singapore oxygen and food
You are better off dead than alive useless piece of shit
haha, that's all you can muster little kid?
Sad, really sad, really low level of knowledge, can't even muster a decent piece of insult.
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Ok, stop arguing already.
I think more can be done to make housing more affordable, but I'm not sure if the idea by TS is the way to go.
Firstly, more affordable to who? To the poor, to the rich or to everyone? A one-size fits all policy will only create more problems.
As mentioned in other threads, you also have to look at other policies relating to housing - investment, overseas buyers etc. All of this are related and can affect the general affordability of housing for locals.
I think an option would be to offer subsidised housing for groups on the lower scale of income (is this kind of information readily available?). I think it is that group that can really say that housing needs to be more affordable.
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I think we should just ignore soul_rage.
Once school reopens, this kid will be gone. He will be back in school getting scolded by his teacher for being a pea brain
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We are definitely dreaming....I dun think the prices of HDBs will fall that much....it'll fall but will have a minimum threshold eg. S$300k for a 5bdrm.... nothing less than that....
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I think you do not understand the impact of property price fall, so far for the past years, it had shoot up tremendously, non stop. Once there is a downfall, it will hv a domino effect that affect all things, more so are those who had bought it at 600k for a 5 rms, ++interest total 700k++ will be still paying more than what his pals who just bought it for 300k, who during his time, he could had paid off by now or able to pay one time off. The sudden shift of property prices down would create a scenarios for foreigners to withdraw and in a all business related economy like singapore, you will see fall in sharemarkets, construction, industrial supporting construction and so on,..at the lower end, earn less, eat less and travel less, food stalls will take in less and taxi drivers etc etc will hv to suffer.
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Because of singaporeans fail to show objection to prices of HDB increases till now, the govt had created a price that is beyong comprehension and that price is deem affordable from the ever buying spree by Singaporeans, who also want their property to be worthy and keep going up. And to satisfy both greed, the govt allow the price to go upwards in order to churn the economy, make leasers happy and attract foreign investment, ultimately, when the next generation of young peoples go into the property market, they will not be able to pay such a price with such a paid. Then they will not elect the govt for another term, I think PAP still dun understand why they lost a GRC?
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Last week I got foreign gal fren from sweden who came to visit me, very pretty, we know each other during my poly exchange program, I let her stay in my guest room for as my guest. As a social educator she is now, she asked me why singapore govt flats are so expensive, I told her because singapore land is limited and therefore costly, she said that if you build a 5 rms alone, she agree that it will be expensive, but stretch of 5 rms up 20 to 50 storeys, it should not be so expensive, they should take the 1 million dollars divide by 20 storeys, so each cost only 100k
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Government will not stem the flow of foreigners despite a barrage of propaganda from the press. The government will still want to fool citizens into believing that action is being taken.The government needs new citizens to shore up its own support base for the next election and to prop up Singapore economy or ministers and their cronies will not be able to eat their abalone seafood feast, go France for culinary classes, throw weddings for a few hundred thousand dollars.
The government did not have the welfare of the people at heart in the first place thus causing this to happen, the government is not interested in helping its' own citizens, it helps only foreigners with free housings, scholarships and jobs. They went overseas to literally beg them to come.
New flats are being constructed, still a few more years, so people who are holding onto expensive flats will have a chance to try and do some personal damage control if they really find themselves in a unfavourable position. There's still time.
What the government should do is trying to cool the property market step by step, with enough time so that people can do some adjustment.
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Originally posted by Askingyouto:
Government will not stem the flow of foreigners despite a barrage of propaganda from the press. The government will still want to fool citizens into believing that action is being taken.The government needs new citizens to shore up its own support base for the next election and to prop up Singapore economy or ministers and their cronies will not be able to eat their abalone seafood feast, go France for culinary classes, throw weddings for a few hundred thousand dollars.
The government did not have the welfare of the people at heart in the first place thus causing this to happen, the government is not interested in helping its' own citizens, it helps only foreigners with free housings, scholarships and jobs. They went overseas to literally beg them to come.
New flats are being constructed, still a few more years, so people who are holding onto expensive flats will have a chance to try and do some personal damage control if they really find themselves in a unfavourable position. There's still time.
What the government should do is trying to cool the property market step by step, with enough time so that people can do some adjustment.
You so smart.
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Originally posted by Askingyouto:
The government did not have the welfare of the people at heart in the first place thus causing this to happen, the government is not interested in helping its' own citizens, it helps only foreigners with free housings, scholarships and jobs. They went overseas to literally beg them to come.
Regarding your point that the government begged them to come, anyone online can see that it's true.
But as long as a single government person does not admit or even deny it, nobody will believe this is happening. The government is smartly ignoring the noise.
You need to shout louder by putting the evidence on stomp or use some even better tactic.Then we can have a public outcry!
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Originally posted by soul_rage:
I guess you are one Singaporean that has been corrupted by the govt's talk about being cheap and good (with cheap being the most impt factor).
What?
You mean cheaper, better, faster is not good?
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Read somewhere there are 60,000 job openings for India nationals to come here to work in Singapore in the IT industries.
Expect more of these FT on mrt and buses and buying up units next to you.
These Indians must be cheaper, better and faster than Singaporeans.
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Originally posted by charlize:
What?
You mean cheaper, better, faster is not good?
that's the problem with our Govt.They are still using yesteryear's policies to compete in the global market. Where once, we were a developing country, and we could compete based on lower wages, it's no longer true for today's Singapore.
Some kids here think that the only way to competing in the global market is through being cheap. That they rant endlessly about the Govt's policies and yet accepting this untruth.
If today's global market is only focused on cheap, then rightfully ALL jobs would have gone to India and China. As you can see, this is NOT true.
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duplicate -
Originally posted by angel7030:
I think you do not understand the impact of property price fall, so far for the past years, it had shoot up tremendously, non stop. Once there is a downfall, it will hv a domino effect that affect all things, more so are those who had bought it at 600k for a 5 rms, ++interest total 700k++ will be still paying more than what his pals who just bought it for 300k, who during his time, he could had paid off by now or able to pay one time off. The sudden shift of property prices down would create a scenarios for foreigners to withdraw and in a all business related economy like singapore, you will see fall in sharemarkets, construction, industrial supporting construction and so on,..at the lower end, earn less, eat less and travel less, food stalls will take in less and taxi drivers etc etc will hv to suffer.
Drastic price falls are very detrimental to Singaporeans who bought flats at a high price.For example, if a Singaporean bought a home at $1m, and owes the bank $800k.
There is a sudden property crash and the value of his home has now fallen by half to $500k for example.
Given that the bank now values the property lower than the outstanding loan amount, the bank can decide to exercise its right to demand the Singaporean to pay up the difference (ie 800k - 500k = 300k). If he cannot pay up that lump sum, the bank has the right to repossess the home.
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wonder what ppl is buying nowadays... a roof over their head? or an investment
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I go into forrest build a hut there better.
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Originally posted by I-like-flings(m):
wonder what ppl is buying nowadays... a roof over their head? or an investment
This is a good one to provoke people to think.