HAs the Govt done anything to give a better life to normal,
simple Singaporean? It's not about issues such as lift upgrades and
building a nice garden nearby. It did help to beautify the
environment, but does it benefit ALL people directly? Definitely to
some like the older people, etc. But there are other issues that
the Govt has not been focusing on. Like the working class or
younger generation, people who do not earn huge amt of $ but still
decent enough.
What the focus is, is on the current property price which
has escalated soo crazily that it post alot of problem to alot of
younger generation especially couples. Prices for a normal 4 Rm
flat at decent locations such as Clementi, Commonwealth, Bishan,
,etc can cost up to more than half a million $!! People who wish to
get marry and yet only started working for a couple years with
combine income of $9k can't afford this kind of house at all!
(It's not because of being picky about location, but
sometimes work or family limit the choices) Especially
for couples who do not have support from family, relatives or
friends. Because to buy a simple house say at punggol or choa chu
kang is around 300k to 400k... and you have to fork out cash
of down payment maybe min $30k + depleting all your CPF $.
Then you'll have to have more cash to renovate, buy all the
furnitures and pay for utility. Subsequent years, you have to
have even more cash because you want to have babies. Of
cos there is this beautiful thing call 'Installment', which can
turn out to be ugly if u're unlucky to have other commitments like
medical, or some unpredictable situation. Not everyone will have
this kind of cash on hand to start with. This kind of tight and
rigid budget really turns off lotsa couples. And people will decide
to work and save enough till everything is in an
affordable-comfort level, which by then, everyone will have grown
old and decides to have only one baby or none. Or maybe
people will just migrate out
to other countries. This is definitely contradicting
with what the Govt's campaign of promoting marriage and birth
rates. Is the Govt trying to attract the rich
whether Singaprean or foriegner, and segregate them with the
not so rich? They should do more on property prices than just
auctioning more land for developers. Cos the developers can
purchase the land, yet hold back the constructions and
ultimately squeeze the housing supply (by building slower) and
continue to push up the price of houses! And the taxation on 2nd
home or rentals is only like a small itch, because people
who are able to have house for rent or 2nd home are people who are
damn rich! or speculating only. This people whether Singaporean or
foreigners, can just step into the showroom and buy 1 or 2 house on
the spot like buying cars. This is a big problem that somehow the
Govt did not spot!
Is this why the Govt extend the retirement age of working
classes?? On fear that people will default on their housing loan
payment???
The Govt should do more to solve this financial cum social
issue. If they can pull down the price like 10%-20% within a couple
month's time, maintain it, maintain the normal income then it's
bravo and claps for them... if not, it's just *sighs and maybe
disappointment...
Stupid man, soon there is not going to be any more Singaporeans
left, the whole island will be inhabited by rich foreigners from
the middle east and PRC people. All the original inhabitants beh
tahan, all leave to go to greenier pastures in the United States
and Canada becuase nobody can afford to buy a house. House???
If I can afford a house, I damn rich lar.
Birth rates will fall because every average family will have one
or two kids, as an apmt unit only have limited rooms.
PAP wants to turn Singapore into glitzy high price property area
like NewYork Manhattan.