A proposal for discussion

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#15
I was just wondering...

If upon reaching 55 yrs, your cpf money gets lock in for retirement funds, and you still owe the bank some housing loan, and you have reached the Valuation Limit, what are you going to do? You need to fork out cash for the remaining loan. Assuming couples married and have children at age 30 - 35 yrs, by age 55 yrs, their children would be in the 20s, and in uni, all the more they need more cash at this stage.

To some, the income level may be on the downhill. So I think banks and HDB should cap the housing loan at age 55 yrs, not any longer. As everyone knows, HDB prices is shooting sky, not the public housing that we know long ago.

Life is hard in Singapore, work and work, pay and pay, till no end...

Now our PM realised the ground is not so sweet, the seriousness of many problems that went unnoticed and unsolved, so have to apologise and say 'sorry', hoping to pull in more votes, so someone is sleeping on their job...

Reply


Messages In This Thread
A proposal for discussion - by tanjm - 02-05-2011, 12:04 PM
RE: A proposal for discussion - by koh_52 - 02-05-2011, 02:38 PM
RE: A proposal for discussion - by iff - 02-05-2011, 03:08 PM
RE: A proposal for discussion - by yeokiwi - 02-05-2011, 06:24 PM
RE: A proposal for discussion - by Musicwhiz - 03-05-2011, 08:08 AM
RE: A proposal for discussion - by tanjm - 03-05-2011, 01:07 PM
RE: A proposal for discussion - by Musicwhiz - 03-05-2011, 01:53 PM
RE: A proposal for discussion - by tanjm - 02-05-2011, 11:33 PM
RE: A proposal for discussion - by yeokiwi - 03-05-2011, 01:45 PM
RE: A proposal for discussion - by cif5000 - 03-05-2011, 02:41 PM
RE: A proposal for discussion - by Musicwhiz - 03-05-2011, 02:51 PM
RE: A proposal for discussion - by Jared Seah - 03-05-2011, 02:59 PM
RE: A proposal for discussion - by hakfong - 03-05-2011, 03:06 PM
RE: A proposal for discussion - by tanjm - 03-05-2011, 11:18 PM
RE: A proposal for discussion - by etan - 04-05-2011, 10:58 AM
RE: A proposal for discussion - by corydorus - 04-05-2011, 12:01 PM
RE: A proposal for discussion - by nsengkia - 04-05-2011, 12:08 PM
RE: A proposal for discussion - by tanjm - 04-05-2011, 10:35 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)