Wednesday, October 12, 2022

WOTC - Cost of HDB flats

 Wisdom of the Crowd: 65 % of the respondents said that it is too costly for Singaporeans to own a HDB flat now.


https://tklcloud.com/Crowd2/chart3.aspx?id=2709
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4 comments:

Anonymous said...

Adjust your budget.

Buy what you can afford with grants.

Take a 50-year loan to reduce the monthly out payment. When retire can always downsize, pay off the remaining loan, and when children move out.

Get more family members to live together to share the costs.

Migrate.




October 12, 2022 8:07 PM
Anonymous said...

In this universe, there will always be humans who cannot afford homes.

In this developed country right now even got money, either you cannot buy or have no stock!!!!

Ridiculous right?

How did we even come to such a plight?

Can we even go to war when they were so blinded by the housing crises?

My personal opinion is wrong people are in charge!

October 15, 2022 5:01 AM
Anonymous said...

On Oct 4, National Development Minister Desmond Lee told Parliament that the Housing and Development Board (HDB) will incur a loss of about S$270 million for a housing project in Ang Mo Kio
Former GIC economist Yeoh Lam Keong then took to Facebook accusing the minister's statement as "disingenuous" and an "accounting sleight of hand"
He claimed that this was merely the opportunity cost of reselling the land, not its true cost
The Ministry of National Development said that HDB must pay the fair market value of land back to the national reserves when it takes land for building homes.


I would say that 30% of the Singaporeans couldn't care less.
10 say that DL is correct.?????
60% agree with the writer and TOC????? (QUESTION MARK) I am not a fan of TOC in any way. As for myself. it should be up to the people to interpret and not only their version. People are educated and they know what they read. A big thank you to economist Yeo Lam Keong for standing together with the people. POFMA should never take sides with this article. No two ways about it. People damn tulan about housing nowadays. If they use the sledgehammer to deny that this article could be true. I am just glad that there is no such thing as riots here!!

October 15, 2022 6:22 AM
Anonymous said...

Quotes reliability:

Fool Me Once, Shame on You; Fool Me Twice, Shame on Me.

I threatened a cop and then he cut my electricity
It was a real abuse of power.

“Because to take away a man's freedom of choice, even his freedom to make the wrong choice, is to manipulate him as though he were a puppet and not a person.”
― Madeline L'Engle

The abuse of power that seems to create the most unhappiness is when a person uses personal power to get ahead without regards to the welfare of others, or when power is used to go into the lower dimensional planes.
Frederick Lenz.

It's not just the abuse of power that's the problem. It's the power to abuse.
Stefan Molyneux

October 15, 2022 8:09 AM

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