.
What I am worried about is class injustice and the opression of
the masses by the rich.
If this situation persists, an unhealthy situation will
develop.
Already, Singapore has one of the world's highest Ginni
coefficient (the coefficient which measures rich-poor gap)
This is a sad condition.
And I do worry about the opression of the masses by the rich,
class injustice, and neo-feudalism developing gradually but
steadily.
Home, shelter, is a basic human necessity. It is imperative to
protect the fair and just provision of this goods, more so than the
urgency to establish anti-monopoly bodies or regulatory bodies to
watch certain industries.
One thing which makes the housing situation unhealthy is
that......it seems not insulated from speculation.
Why is that ?
Try to track the housing price and compare it to stock
price.
Try to track it and compare it throughout time period.
They correlate stock market price, and they fluctuate greatly
over time. This proves that there is seepage despite the efforts by
authorities, from the speculative market.
There is no way, if price is simply a function of supply and
demand, by genuine home buyers and home sellers, that it would
fluctuate so much, or correlate with the stock market. It is not a
genuine supply and demand by real home buyers and sellers, but from
speculators.
Speculators are capitalist people. They would be landowners, in
feudal terms they are the landlords, the aristocrats, the
upper-classes.
While the masses are the peasants, with no property, no ability
to own property.
There is no way the peasants can defeat the landlords, because
the landlords keep accumulating and leveraging their capital. They
push up and they control the goods, and the masses just have to
contend to being at their mercy and have to foverer be landless
peasants.
HDB policies should be reviewed, in fact there should be a
massive review on the whole housing situation.
Aiya... why bother about about class injustice... I can read from
this forum post that even the avg joe is for it lol. I
guess they have no idea that they are the ones benefitting from
it.
At the moment if they are not complaining then I really don't
see a point to voice out. Unless it matters to you I guess.
Cheeper Better and Faster!! ~ by charlize
Kind Regards
Genie
