One more glaring thing I missed out in the first viewing of his video.
Noticed dispite his $80k income what is in his CPF contibutions and what can he pay out as cash ?
Not enough to pay cash up front it seems and that is why he complain.
These are the type the MIWs termed as unsecured income earners.
Of course, detractors here, ain't there many here would say, oh becos he got not enough CPF contributions as the price of flats have increased so much and his MIW ain't got chance to hold his money for the long term as it seems he ain't the type that could put alot of money into CPF ..FOR THE LONG TERM..GUARANTEED! so the MIWs bay song blah blah blah..
Look how pathetic this sort of buggers is, a shame for fellow Sinkie to be associated with.
At his age, what was in my CPF contribution was more than him. And to earn such an amount one could easily pay for a private property.
Or could easily plonked down 80% of any pigeon hole types then.
Of course detractors here will agian say pigeon hole has increased by so much to pay for a similar type of his HDB now, he should be earning 160k insead.
No wonder this fellow got screwed. He screwed himself thinking it was so GREAT being self employed, like he is some sort of 'enterprising stand on his own feet kind of man' but have to crawl to his MIWs just to get pigeon hole loans for the short fall to pay for his flat of his choice.
And his MIWs say to him, look here, we kinda look at him as a unsecured kind of income earner and could end up 10 years later not being able to put food on the table let alone pay the mortgage loan taken from HDB.
