yea .. funny yea, suppsoedly we are doing damn well as a country
.. even get dividends somemore .. but what's $100 to a $100k
increase in "government housing"?
not only is the material distinction between govt housing and
private housing negligible, but also, it's just insane thinking
about their target demograph (considering their many restrictions)
.. how will such people ever pay off their house ... 30yr home loan
can be done .. but that's assuming life goes smoothly for them w/o
any of the shit that falls (illness/recession etc.).
EDIT: but let's nto forgot the bigger picture .. POSSIBLY,
policy objectives they hope to achieve - practical implications
means yougn people staying home with parents, fostering of
traditional values and support of the aging population (less burden
on govt for welfare). but all these are just possibilities ..
for all you know even if they come out and admit it, it'll just a
nice way of putting, "HEY WE NEED MORE MONEY FOR OUR SOVEREIGN
INVESTMENT FUND". lol - you can never know the govt's plans ..
harder to predict than the stock market, which moves as a
reflection of the co., and shareholders' faith in the co. govt
on the other hand .. who knows ...
i have deep respect for LKY/LHL/PAP .. but i never dismiss the
off 0.0001% possibility that they have ulterior motives.
