Having another round of
unwarranted premature celebratory ejaculation ?
Surely you can read the simple prints in English that I was talking
about you ?
It is simple to pour references pluck from thin air, how much do
you understand in the finer details beyong the headlines of your
reference pieces ?
Your 1st piece
''Land controls at heart of housing crisis'' speaks as
much for Singapore as it is for Australia - compare what is written
and apply it to the Singapore situation -
''In the US, cities such as
Houston, Dallas and Atlanta have few restrictions on land for new
house building.
As a result, these and other southern cities have seen lower house
prices and considerable growth in house sales and increased wealth
generally.
By contrast, US states with heavily regulated land supply
have seen higher house
prices and less housing.
Nevada, Arizona, California and Virginia saw decreases in home
building rates of over 20 per cent last year.
Like the highly regulated land supply laws in many US states, all
Australian states have severe housing land restrictions.
The worst performers have been in NSW and Western Australia, which
have the strictest controls over land for new housing, the slowest
new building levels, and the highest house prices.
Although Victoria is less regulated and has cheaper new housing
than other states, its land use restrictions continue to
place burdens on the new home buyer and suppress the state's
economy.
The Victorian Government's land restraint policies are embedded in
the government's creation of a land shortage through 2030 controls
over the urban growth boundary.''
Is Singapore's current high prices of
real estate not due to the government purposeful land pricing
policies - to artificially create high value assets for
Singaporeans that absorb all of our CPF savings ?
Now that Singapore has climbed the ladder of high real estate
values, there is no climbing down, as there are many mortgages tied
to the ridiculously high costs of housing as well as buildings
located in prime zones.
Your 2nd referenced article is an extract from a newspaper forum
and titled -
Housing Crisis - which is almost a near ghost mirror
to the Singapore situation, in that the Aussie was complaining
about the housing affordability in Australia and the Australian
government subsidy to 1st time home owners.
Are you denying that Singaporeans entering the job market will not
be facing the same problems with the high prices of HDB flats -
especially now that many Singaporeans are employed on short term
contracts - [of between 1 to 3 years] - and to be renewable at the
end of each term ?
Some Singaporeans having owned the 1st HDB homes are also faced
with similar problem as the Aussie in not being entitled to any
further Government grant, which at one time had amounted to as much
as S$38,000; and prices of HDB units continue to increase with each
batch being released, while the unit size is shrinking in usable
and liveable floor area.
The 3rd reference article featured the headline -
''Australia Housing Affordability Crisis'' - which
highlighted the paradox faced by the government in releasing more
land for housing development that increase the urban area, which
increases infrastructural costing WITHOUT addressing the
affordability problem in meeting mortgages commitment.
''While increasing the amount
of available land may reduce housing demand, its also a one-way
ticket to urban sprawl. This means metro regions rapidly grow,
which can often result in a delay in establishing community
infrastructure like public transport, schools and healthcare
facilities''
''..... critical ongoing financial support is urgently needed to
cover a range of different circumstancesfrom supporting low income
earners to pay their rent, to aiding first home-buyers to pay off
their mortgages.''
''The key to finding a solution to the housing crisis is
cooperation. Federal, state and territory governments need to work
together to support young people, ordinary Australians and those
living on the poverty line.''
While Singapore had a headstart in
public housing and forward planning, Singaporeans are stuck in a
whirlpool of spiralling costs that are purposefully and
artificially imposed so as not to bust the financial system due to
high mortgage values that are simply unsustainable.
Your 4th referenced piece -
''Aussie John's cure for crisis'' - is more of the
same, and repeat the above which concerns more about Housing
Affordability.
In these 4 referenced articles concerning Australia - is there any
close to the other topic in which you claim that the Americans -
[your white pric.ks... as if other colored types do not exist..] -
are spending more than they can afford and is the main cause of the
Sub-prime saga ?
Another brilliant Gazelle charge into a pile of self-created BS -
something your frequently accused others of posting
?
