Has anything really changed under Boon Wan?

Would there be any fundamental changes to how housing is to serve the people’s need, to provide the people with good homes that are really affordable, to give the people a better quality of life? To continue squeezing the limited finances of the people for 30 years, to empty their wallets when the money could be used for many other more important things in life, and for retirement, is harming the welfare and well being of the people in the long run.

Would the govt relook at housing as a basic core item for the people’s good, without killing them in the process, without compromising the quality of their lifestyle? Would govt see housing as an essential item, not for speculation, and its responsibility to ensure that there is an abundance of housing to keep the price down at least in public housing, where every citizen who wants a flat will have his flat minus the pain and anguish?

- http://mysingaporenews.blogspot.com/2011/10/has-anything-really-changed-under-boon.html

Of course not. He came, he sold his koyok, he slammed his predecessor, he boasted about his great plans and how different he is... then he disappeared with a whimper (since the GRAND opening statement has been made)

I trust the market to take its course and go through the ups and downs of business cycle more than any of bullshits from these ministers

KBW can't change anything in MND and HDB. He's just a cushion replacement for MBT. LKY wouldn't allow any admission of past mistake.

Confuseous said:

Has anything really changed under Boon Wan? ...

Click to expand...

ya! ...

dat wan burger has shown dat iz his role 2 defend developers' high property prices ...

No change in pricing formula. He is just tweaking supply and demand. That is why it will take 4 years to stabilize the market. Repeat stabilize. This means that the prices will continue to increase until 4 year's time, thereafter they will find their own level depending on supply and demand. Prices are expected to remain high, meaning 30-year loan will still be required.

Need at least 2~3 year to see the result. Building HDB not few month can complete.