Ermmm.....Isn't it obvious I am hitting on controlling the rate
of influx of foreign workers as well.
During the period when there r unemployment, the rate of influx
is controlled
Lower corporate taxes is not a major factor that influence
investment decisions
It is an important factor if your profit is much more than your
labour
Land is finite, but you need to set up some land for housing
right. Every fool knows that you need to pay for all those public
services, but you we are paying too excessively for everything.
From housing, utilities, transport, etc.
The land is set up mah. U just have to pay for the land. As
said, u pay for all the utility etc but the expense is a lot as
well. Generally speaking, the profit from other sources r not as ex
as u believe...
If we make housing cheap, all the tax for other areas will increase
drastically and gov still get back the money lost. But tis time the
population where they get the money from differs and it is likely
to increase the rich and poor divide. U have to answer tis
question. Do u think taxing from the land is a good way of tax in
the sense tat it tax the richer people more than the poorer one
?
Didn't I answer you that "Land is Free"!!! The difference in
price is based on market valuation. How do you determine how much
this piece of land is worth? It's based on the other factors, like
ease of shopping, proximity of schools, etc. Who determines if this
factor is to their convenience? Other than that, land is free to
the government.
Didn't I say the land is the most limited resources in singapore
? How much tis land costs depend on market evaluation like future
plans, road linking to it and accessibility. If land is free, then
no one will save on land. Bungalow become the cheapest housing
since it is easier to build bungalow then flats. Everyone will live
in one storey bungalows with big gardens which is bigger and
cheaper. Then wat happened to singapore ?
Are you refering to opportunity cost of land? Land is always
free like the air. If you say land has a price, then maybe you
should say air has a price too. Air has a price too, it's the price
set by the market, otherwise it's free. What the government does is
to use the market price, set a cost for them to inflate the price
of flats, but the cost is an opportunity cost, not a real cost. To
the government, land is always free.
As said, land is never free, especially in cities. Air can be
considered limitless, u can breath 1 million times and u can breath
more. But land is not limitless. It is a resources where we need to
manage so tat the return from it is optimal. If we do not do
management to it, and squadered it, then we will face severe
headache in future.
Which do you think is more ridiculous? 84 students from Raffles
Institution debating amongst themselves on TV, or 45 students from
Raffles Institution debating on TV, all with a single motive.
Hehehe
I think both look ridiculously stupid, but I guess if given my
choice, I would have chosen the lesser of the 2 evils.
Well if u ask me, I think 45 students is too little liao. Wat is
more 17 has important tasks and are presenting their report to
others. We also need a mix group of people and some must be from
muslims, some must be indian, some must be girls, some must be
young, some old etc.
I don't think we should save tis money 
Ermmm, like I said I don't want to compare China, because China has
3 gorges and nuclear energy, which is a cheaper source.
But take a look at Singapore Power's financial statement, every
year it make consistent return on equity of 35%. Given the average
Price to Earnings yield on the stock market of around 15-20 years.
That would make companies listed on the stock market making a
return of around 7%. Won't you call the price they sell electricity
to us punitive, they are the only monopoly that provides such
essential service. What fark company makes a return of 35% on the
stock market? Companies with high risk (beta), but essential
services like utilities is a low risk industry. Even high risk
companies that consistently have a return of 35% every year is
extremely rare.
I think u need to see tat it is itself investing in other areas
outside singapore. It is serving australia, taiwan and south korea,
having joint ventures with siemen, daikin etc. U cannot rest the
growth solely due to the fact tat it has monopoly but not to its
growth and other business.
Wat is more, how much do u spend on power a month ? U think how
much profit it can earn minus off its expenditure ?
http://en.wikipedia.org/wiki/Singapore_Power
Yes! I know my math! But can you justify that his storeroom cost
$100,000 to construct? Isn't this cost severely inflated by HDB?
The storeroom is so small, he can't even fit a bed in there, that
gives you some kind of idea about it's size. whether he can sell it
off at a higher price is not the issue. Stop diverting the argument
to another area. You guys are good at digressing from the
issue.
Your arguments are alot like the government, always digressing when
you don't have facts to substantiate you points.
wat flats is your friend staying ? I check the website
http://www.hdb.gov.sg/fi10/fi10208p.nsf/WPDis/Main%20Upgrading%20ProgrammePolicies%20-%20Subsidies?OpenDocument
They don't show any flats tat is 90% subsidise yet u have to pay
10,000. Is your figures inflated ?
