The respondents voted for the following choice to help people who suffer a loss of income - introduce an unemployment insurance (37%), allow them to take a soft loan (28%), give them money to meet essential expenses (28%).
https://tklcloud.com/Crowd2/chart.aspx?ID=1938
https://tklcloud.com/Crowd2/chart.aspx?ID=1938
Having dealt with the bureaucracy especially in the areas of loans, I would not want to bother. Anything to do with MAS, we are wasting our time. What they put out, is not always what you get. I reexamine the experiences of the past on property loans, you learn more from what the banks told to you than the actual masturbating they put out.
ReplyDeleteWe should be allowed all to withdraw half of our CPF at this time?
We too have never the high opinion of the MAS. Regarding all the cooling measures, it is only right that they calm the market in terms of over-heating prices and individuals overstretching themselves in properties. But they should not take the pleasure to dictate our rights and freedom on names and purchases as they are private deals between buyers, sellers and banks. Banks will not lend money if they feel that the borrowers are a risk. But at the same time, they also allow a small percentage of risk, as in all kinds of businesses there are risks. If one does not allow some risk then they cannot function as a business entity.
ReplyDeleteNo 3% to 4% increase in stamp duty and the ABSB and SSD just to name a few, where will all these money came from
ReplyDeletein emergencies like this? Ha Ha.