Scuba & Father... For Life
That is my point. hong kong, Seoul, Shanghai and singapore are all very different. When all the property prices are surging up in tandem, doesn't it shows that part of the reason for the increase in HDB prices is an Asia wide boom in property market? People are just thinking that Property prices in Asia is good for investment.
my arguement does not rely on the similarities between the cities as a basis. I am very confused.
Neither am I just pointing out that there are other relevant factors only in HK. HK was just used as an example that I know of. Since you don't even know the other factors, then why use as a basis for comparison?
What if, all of these countries have a common factor, that their pay are 3X that of Singapore; are you still then maintaining that the comparison is valid?
Well I believe both can be done together, do the short term solution and still continue the long term solution. Hence, I am no longer disputing your stand but seeing it as a different approach provided both work together.
I only hope you can see that going with the short term solution ALONE will not solve it becuase you will end up just chasing and chasing; just as you say that going by the long term solution ALONE is not feasible becuase the people will die before they get there. If so, then we are at least, in agreement
Last edited by vince123123; 18th September 2009 at 12:29 PM.
Yes, I do agreed that we can only make do with current circumference and whether we can wait for the change in policy. It will take time for policy maker to realize the "flaw" in the system if they ever...
It is a sad thing if both couple have to slog for the next 10 to 30 years just to repay the housing loan (particularly HDB) because it is priced this way. Our parents and older generations might benefits from the surging housing prices if they ever sell their house for a smaller one, but our generation and later will suffer because of this policy.
1. How much will we left with for our generation and later after the repayment. Will we
have enough for retirement?
2. Because of the loan, most probably couple have to work.
What if they have children? It is always important for one parent to take care
of their child while their child grow up. It all about parent bonding.
Look at what potential social problem we will be facing.
Nevertheless, we hope our voice would be heard and things improved.
By saying so, it doesn't mean that we can only hope because what if the policy doesn't change.
For me, I have my plan.
Thanks again for sharing.
Last edited by scanner; 18th September 2009 at 12:29 PM.
Hmm, well by raising awareness, we can slowly change people's mindsets. But if we all don't say anything and individually work to solve one's own position; then nothing will change.
Even at this time, for all our awareness on the Internet, there remains a vast number of people who continue to be hoodwinked by sugar coated policy justifications. If even on the Internet we don't create awareness, there will be no hope for all of us.
u on the other hand, just keep saying what if what if.
policy no good. no suggestion. just say no good.
comparison no good because I cannot list out ALL other factors... or they have a common factor but dunno what is the common factor.....
It is useless argueing what if what if..... All arguements are not 100% correct.
I am just saying that the existence of an Asia wide property boom helps to support the theory that the reason behind the hdb surging prices is partly due to global influences rather than local government policies. u want to have a proper logical discussion, you should do your part and point out flaws in the arguement.
If you know of a common factor which is the reason why the rest of Asia is having a property boom AND that common factor does not apply to singapore, go ahead and make your arguement. State the factor.
If you compare Singaporean now and our parents generation, you will know. The last generations stil believed that voting is not secret. If you vote the "wrong" way, you will get into all sort of trouble, including not getting a HDB flat.
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The people in pubilc housing have very little hope of being able to upgrade to private housing.
You have my total agreement on this
No system is ever perfect and/or can't be improve.... at the same time, we have to make do to get a roof over our head.
Its almost the same as telling Newbies, who won't get the current camera model because the next new camera model is coming, to buy and shoot first because new models always comes.
Would I be happy that the system be change, so that my children could afford their own home... Of course.
Should I, myself, wait&wait&wait without providing a roof for my family.... Of course NOT.
Scuba & Father... For Life
That's unlike the normal posters who just say what they think without proper justification, I tend not to say things without first being sure of what I"m saying by prior verification.
However, for your case, I'll make an exception since you do not believe in needed to justify or substantiate your statements. I will therefore rebutt your comparison by saying this: That in countries in Asia, the people have higher spending power and disposable income than in Singapore; such that such comparison with the other asian countries is incomparable. The boom of public housing in asia is not as fast as in Singapore. Hence, the rise in property prises in Singapore is unusually high comapred to the disposable income as well as rise (or lack thereof) of the same. Now, don't ask me to substantiate this, because in your book, there is no need to substantiate; just bare assertions is enough.
In that case, lets all continue to work towards creating more awareness and to do whatever we can before change happens.
In line with creating more awareness, here's another recent article on this HDB thingy:
http://temasekreview.com/?p=13845 (i was more interested in the Editor's note than the actual article).
It is a fact that there is a housing market pickup in the entire Asia pac region. As much as you want to blame everything to the government, a major reason for this price upswing is just market forces.
I don't need to quote any statistics to you going by your book, if you think they are wrong, please quote me the stats. Otherwise I will simply just give bare assertions as you have done. Along the same vein, since you only dispute China, (as I did with HK) the rest are deemed accepted.
What actually make people think that people who stay in publlic/govn housing is as poor in slum or cause polarising issue I do know quite a lot of people driving expensive car and stay in public housing, whether in Singapore or Malaysia. There are alway people take advantage of cheaper pubulic housing. Stay in cheape public housing won't make people poorer, but it make people cash rich which may make better use their cash in investment in other thing, rather than now all the money are in we all know whose hand...
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Hehe there's actually a lot more where those came from. You can try reading http://theonlinecitizen.com/ as well as that site; both come up with regular well written alternative articles to the MSM.