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29-01-2014, 05:09 PM
(29-01-2014, 10:03 AM)opmi Wrote:Exactly, slowly but surely most of the 80% can't afford the so called "subsidized" public housing anymore. Or they have to work their whole life to pay off their housing loan even for above average earners,. Pray no retrenchment in their working life.(29-01-2014, 08:32 AM)Temperament Wrote:(29-01-2014, 12:31 AM)specuvestor Wrote: ^^ totally agree. Is this guy an armchair junior economist or a PR who hasn't seen how "asset enhancement" policies of Singapore Inc had harmed us in the past 20 years?Yes agree. But then just those people who live in landed semi-D suddenly become a few $million richer. Even though they may be not cash rich. And i think "asset enhancement" is still going on(aka target of 6.9 to ? million in total population).
This is not even new. It had been done and we are still paying the cost
We will be like HK & SHANGHAI.
we wont be like HK and SH. coz these PRC cities have relative lesser public housing, compared to SG's 80%.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.