I would like to give my two cents worth on the current property
market where prices are heading north and never coming down. We see
reported that the Chinese rae now crowding out our proeprty market.
The whole idea of allowing foreigners to come in to Singapore is to
tap their talent, if any. So we need to provide them with housing
and education for their children.
That is fair. Thus we should only allow them to buy AT MOST one
property be it HDB or private housing. Why should we allow them to
share in the growth of our property market and share in capital
gains through investments of 3 or 4 properties? This is the reason
why property prices are sky high cos foreigners are allowed to
speculate in our market.
Even in China with vast land supply, foreigners can only buy
one property. Even Australia which allows foreign
ownership of property mandates that the foreign owner if he wants
to re-sell has to sell to a local. In this way, prices are kept
affordable for locals cos you restrict the demand. Which government
in the world protect foreigners to the extent that they welcome
them with open arms to take away our jobs, land and space?
I encountered a stupid ang mor who used expletives on me cos he
couldn't get into the lift. We invite these foreigners in to look
down on us and take us for a fool. I have a relative who is
malaysian PR and son PR. Son refused to do NS even though he used
our education resources up to A levels. Went off to Australian U
and mother proudly decalres that her son will have no problems
coming back to Singapore cos we always welcome foreign talent!
We singaporeans are letting foreogners take us for a fool and a
ride! I know of a certain orgainsation in Singapore who refuses to
appoint a local COE cos of the whole stupid policy of attracting
foreign talent. These foreign talent take us for a fool when there
are no jobs they will be the first to flee! We even reserve U
places for foreigners. I can't see why Singapore taxpayers money is
used to fund the training of foreign talent who levaes us at the
drop of a hat!
Now A* Star agency is funding start-ups by Ph.D holders. We know
a lot of these researchers are Chinese and Indian researchers. We
then fund their start-ups and when they make money they will bring
their companeis back to China or India! The whole foreign talent
scheme is stupid! We say we need to best and brightest to come to
Singapore. But will they stay?
Why don;t we spend our money into building our own talent? Why
do we deny U places to our own locals. Local students with straight
As cannot get into our medical and law schools. The very bright can
get scholarships. But what about the middle layer? The children of
middle class parents may not be so bright as to get scholarships
but their parents may not be rich enough to send them abroad to do
a course of their choice.
We give these places to ASEAN scholars and foreigners instead!
The whole system is Cock up! So Singaporeans vote wisely in the
coming elections.
