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Unsustainable Policy : HDB

dysentry

Alfrescian
Loyal
meng seng loses cred with his weak english, he ought to get someone to proof-read his writing and speeches.
 

Ramseth

Alfrescian (Inf)
Asset
getImage.jsp

I wonder what's his dialect? Which dialect pronounce shan as tan?
 

GoldenDragon

Alfrescian (Inf)
Asset
Lucky tan is seriously over-rated and over-hyped by his compatriots. He might be able to teach GCE "O" level economics no doubt but just because he is the only blogger who actively weaves "O" level econs concepts into his satirical postings mean he necessarily makes sound points wif substance.

Another over-hyped but seriously lacking in any substance guy is Mr Wang.

I prefer broad-based and yet cutting analysis like Alex Au, a couple of writers at TOC (EXCEPT Leong Sze Hian the broken record), Gerald Giam, etc.

Lucky? Thought it was a dog! A name like Lucky doesn't give you confidence when bread and butter or life and death is involved. Lucky? Better bring him to the casinos.
 
Z

Zombie

Guest
Price is according to supply and demand. Basic economics. If price is so high that few can afford to buy, then there'd be excess unsold supply, and price would adjust downward itself. Basic economics again.

From a political angle, if too many people can't afford prices artificially jacked up by policies, there'd be many homeless causing more socio-political problems. There are, but not that many, as least not yet.

"demand and supply" is about willingness to buy and sell, not affordability

:biggrin:
 

Thick Face Black Heart

Alfrescian (InfP)
Generous Asset
Lucky? Thought it was a dog! A name like Lucky doesn't give you confidence when bread and butter or life and death is involved. Lucky? Better bring him to the casinos.

With all due respect to Lucky, that is probably not his real name, but in fact, could actually be the name of his pet cat or dog.

One piece of his pieces I liked was his tribute to JBJ. And perhaps a few satirical pieces here and there, but generally, no soup for him :-)
 

Rogue Trader

Alfrescian (Inf)
Asset
GMS also 100% Hainanese. Battle of Hainanese? :eek: :biggrin:

A local hainanese feng shui advisor once said that the hainanese will not have a high ranking minister because the mountains in hainan island are not tall enough. Then notice Mbt has a "山" in his name. And his german wife is also a "山". He builds Hdb flats which look like "山".

If Gms wants to win Mbt, he also has to call some "mountains" to his life, or find a way to jinx the mountain/earth-air elements. This is my advice to him as a fellow 100% hainanese.
 

rodent2005

Alfrescian
Loyal
He wantsto sound "learned". Well if you can't convince someone, confuse them.

The graph and report prepared by Lucky Tan? Who the fark is he? Some blogger who rates "Money no enough" and "Liang Po Po" as his best movies.... Hardly the kind of person you would take seriously.

Let me educate you then.

  • Housing prices are very high.
  • PAP allows foreigners & PRs to buy houses in Singapore.
  • Foreigners & PRs borrow money from banks to buy houses.
  • Banks over-expose on housing loans.
  • When property bubble bursts, these foreigners & PRs disappear and default on their loans.
  • Banks laden with bad loans and start collasping.
  • Banks start recalling loans and many businesses collaspe.
  • Singapore goes into deep recession.
  • All the money Singaporeans put inside the banks are lost.
  • Singapore dollar become worthless.
  • CPF becomes worthless.
Solution: Throw out the PAP and their reckless policies before too late.
 

Tristan

Alfrescian
Loyal
Let me educate you then.

  • Housing prices are very high.
  • PAP allows foreigners & PRs to buy houses in Singapore.
  • Foreigners & PRs borrow money from banks to buy houses.
  • Banks over-expose on housing loans.
  • When property bubble bursts, these foreigners & PRs disappear and default on their loans.
  • Banks laden with bad loans and start collasping.
  • Banks start recalling loans and many businesses collaspe.
  • Singapore goes into deep recession.
  • All the money Singaporeans put inside the banks are lost.
  • Singapore dollar become worthless.
  • CPF becomes worthless.
Solution: Throw out the PAP and their reckless policies before too late.

Ha! Ha! I don't think our economy is that fragile and our banks that stupid.
 
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