Re : Govt should relook income qualifying levels

last SG · 2006-10-08T21:32:10+00:00

$8k is sufficient if u manage yr lifestyle and have a level headed expenditure. not enuf if u live like there is no tomorrow. for the chap who wrote to the...

shinta SG

eh which section did u get this info? cos i didn see this when i was surfin a while back...

pipipopo SG

i think this post is tsill not sticking to the topic at hand

pipipopo SG

it don't matter..an easy solution has always been offered to the '8k' duet to breech this ceiling limit...8 or 12 k makes no deference to any who can handle a crissis like the flowing river.

anonymouscoward SG

more like, one guy resigns, pay drops below 8k and kenna jam by 30 month time bar.

"A private property owner cannot buy a flat direct from HDB. If you dispose of your private property, you have to wait 30 months before you are eligible to buy a flat direct from HDB"

He can probably write to MP for exemption though

anonymouscoward SG

wah lao, the URL very long. Go to HDB website and click on policies

anonymouscoward SG

Hee.. I was tempted to say either your subordinates are very lucky or you children are very unlucky.

pipipopo SG

is this in the 8k duet's case?...there's a period where the property cannot be sold or resold. this also apply for smaller hdb flat buyers or owners. second hand flats are affordable. if the income falls below 8k...a second hand 4-room in the resale market not in central area will be very affordable for the couple.

pipipopo SG

this is also not stickin to the topic

pipipopo SG

again this not not sticking to the topic...can't u even use the one click and paste function?

anonymouscoward SG

Is this exactly what the author said? Only choice they have is private or resale. And since they rejected the idea of resale earlier, why would they want to buy one now?

How many couple will want to drastically change their life for the sake of having kids? Will you move from a private to a second-hand, 99 year 350-400k HDB in some ulu place? Just so you have a couple of kids?

Beggers can't be chosers but given a choice, I doubt if anyone would make this kind of scarifice.

If that's the case, I think the couple will shelf the idea of having kids. It's a lose-lose situation.

Why not the government allow them to buy a HDB (without subsidises) and then it will be a win-win situation for all?

pipipopo SG

yeh is this what the author said exactly...either way there's a way to wriggle out of the situation. if they rejected the idea of getting the resale units in open market so no one can help them. if they can't afford to hav kids, don't. they cannot blame the government for not implacing the right policies. no one is born with the silver spoon and i will not blame someone who is born with it to feel like he/ she is a beggar. to oopenly publish their false plight hoping the government will change the policy is no act the different from being a beggar begging for goodies in the streets. the government can allow that i am sure...and its a case-to-case bassis. submit all supporting documents to prove your elligibility and difficulties. rules can't be changed just to satisfy one family's cause and jeopardize the rest.

BillyBong SG

There are cases of stuck-up govt people giving the lame response: "yes, I hear your problem, yes you've shown me the financial issues faced and they are genuine...but too bad. Rules are rules and i can't change them. "

At this point, there is nothing to lose but write to the papers to shed light on one's plight, exactly what he has done.

We can continue to assume this and that but ultimately, the question remains: Is there more the govt can do to help? Or is their help reserved exclusively for the lower-income group? And incidently, what is the cut-off limit to be classified as a 'needy'?

Given the situation of being sandwiched between the VERY RICH and the VERY POOR, paying taxes and getting a big fat zero in return, i fully understand his frustration.

pipipopo SG

i am glad it shall be his frustration and not his grief. many solutions are offered here and they are feasibble. if one insist on holding on to the silver spoon so that he can brag about it over coffee shop talks then no one can help him. the solution to this matter that simply involves basic addition and subtraction is very simple straight forward. sad to say if not we can always hail another family to the lower income group...fellow brethens will welcome this family with open arms.

hisoka SG

nay its not easy doing it, hey it sounds easy sayign it. but to make the decision, accept he consequences and the price, its not as easy as that.

not to say the solutions were wrong though(no coments on right or wrong).

pipipopo SG

its all in the mind and i believe psychic barrier is in play here. after all not many poor will withstand the lure of spending all the money when they strike a 4-d and not many rich will sell their property without a profit but just for a break even.

for me to advice , to survive you have to be strong but psychically and mentally. there are times when u hav to accept the fact that things hav changed and nothing stays the same forever. looking at the situation i somehow felt that moving into a family life and havin kids and babies should affect a family more than the size of a house. if one cannot adapt to the size of a house, how can he/ she adapt to the commitment of raising a child?

hisoka SG

as i said its just easier sayign such stuff. i can say it too but then to actually do it is another problem. even if you can easily doesn't mean the same for others.

and also i feel that sometimes whether to have kids is also dependent on whether you can provide the "best" for them. which further complicates the issue. the size of the house might be a factor, the facilities? the extra money on hand they woud have to spendon all the tonnes of lessons the child might want/need?

its definitely not just a simple issue. its at least a matter of mindset, expectations, personal standards and more, somethign that is never simple though it sounds to be.

pipipopo SG

its definitely not just a simple issue. its at least a matter of mindset, expectations, personal standards and more, something that is never simple though it sounds to be

then its time to fix the midset, expectations, personal standards before going up to the authorities hoping to fix a policy in place to curb mis-use and abuse of the property exchange market.

anonymouscoward SG

Originally posted by pipipopo:

then its time to fix the midset, expectations, personal standards before going up to the authorities hoping to fix a policy in place to curb mis-use and abuse of the property exchange market.

[/b]

I can almost see the next ad campaign for encouraging birth rate in Singapore.

Want to have children?

Look at that nice car you have, sell it and take buses
Look at the nice house you own, sell it and live an old HDB
Savngs for retirement? Forget it
Playschool for the kids? Stop dreaming

- yeah, I can already see young Singaporean couples waiting to make babies for the country. How persuasive.

The letter said in one paragraph that they did their planning and calculation. I'm sure they are mature and sensible enough not to include material comfort in that list.

So why has a decent request for a chance to build some savings, a decent attempt to financial planning become a selfish, arrogant, self centre, upper middle class couple who wants to speculate in property? for all you know, they are planning the money for children's education or even their own retirement.

Talking about that, how many of us actually knows how to plan our finances anyway. For all you know, if you do some realistic calculation, you might see what they see.

I suggest we all take part in AIA financial planning excerise to find out. Maybe this couple know somethings that we don't.

I think what BillyBong said make sense... the crux of the question is WHY? why would someone who seem intelligent enough; and definitely earning a decent living, say that they forsee problems in their finances if they want kids?

pipipopo SG

Originally posted by anonymouscoward:

I can almost see the next ad campaign for encouraging birth rate in Singapore.

[b]Want to have children?

Look at that nice car you have, sell it and take buses
Look at the nice house you own, sell it and live an old HDB
Savngs for retirement? Forget it
Playschool for the kids? Stop dreaming

- yeah, I can already see young Singaporean couples waiting to make babies for the country. How persuasive.

The letter said in one paragraph that they did their planning and calculation. I'm sure they are mature and sensible enough not to include material comfort in that list.

So why has a decent request for a chance to build some savings, a decent attempt to financial planning become a selfish, arrogant, self centre, upper middle class couple who wants to speculate in property? for all you know, they are planning the money for children's education or even their own retirement.

Talking about that, how many of us actually knows how to plan our finances anyway. For all you know, if you do some realistic calculation, you might see what they see.

I suggest we all take part in AIA financial planning excerise to find out. Maybe this couple know somethings that we don't.

I think what BillyBong said make sense... the crux of the question is WHY? why would someone who seem intelligent enough; and definitely earning a decent living, say that they forsee problems in their finances if they want kids?[/b]

you go sell this agenda...i have read your words and i rest my case because this agenda will never in this life of mine topple the property resale rules we have with CPF and HDB with regards to the income ceiling. I see my posts here have addressed to the article printed in ST. It should have been "Proper financial planning to have both sides of the world in an era of uncertain property market holdings so that you can start a family".

Xenthar SG

There has to a cut-off point somewhere. Raise it higher to $9000 and those with $9000 will complain. Raise it to $10,000 and those with $10,000 will complain. Like I said, I think its about managing expectations.

Besides the real question here is : do you want to swap place with those of us from the lower income then since your life is so miserable? You know the answer yourself.

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