[Videos] - Why can't other countries follow Singapore's HDB system to solve their housing problems?

[Loofydralb]

Trump's promise to secure the U.S. border and manage illegal immigration found support with a large segment of voters. This is a top reason for supporting him, and he promised mass deportation and to tighten the Biden administration's border policies. If the anti-foreigner sentiment was strong enough, more S'poreans would have voted for change.

Nope. Cowardice is in the genetic makeup of the Singapore society.

 

[True Believer]

Nope. Cowardice is in the genetic makeup of the Singapore society.

Opinions are like ass holes since everyone has one.

 

[birdie69]

Singa

Singapore has one of the lowest home ownership. The trick in making the leasee pay for exhorbitant prices for a rental flat and take care of the rental apartment is to instill the false notion that the leasee own the apartment. Be it HDB, condo, landed. You are a leasee holding a triple net lease which will eventually depreciate down to zero. No need to wait until 99 years. Give it 40 - 60 years, everything will be falling apart and the remaining value in the lease depreciate even faster. Have you ever been into a building that is >40 or 60 years old? You get the picture. As if that isn't enough, the rules and regulations are there to deter a prospective "buyer" (or perhaps a new leasee would be more appropriate) from taking over the remaining lease with huge upfront and much lower LTV from the bank.

Thinking about sub renting out your whole unit? You sure you making money or working (working as in finding tenants, signing contract, collecting rents, etc..) for free? When one factor in lease decay, PV, FV, it's all an illusion that the any rental money (in real terms) derived from that unit is going into your pocket.

I could be wrong, anyone want to dispute that?

Singapore has a largest number of lessee, in term of percentage, in the world, in other words, not own a flat or house in the world.

 

[Loofydralb]

Opinions are like ass holes since everyone has one.

Facts aren't opinions.
Fact...sinkies been repeatedly screwed by PAP.
Fact...they keep choosing to be screwed.
Fact.....they're afraid opposition will make things worse.
Now, any other way to interpret that fact as cowardice? Did you vote for PAP? Hahahahaha

 

[KingFook Sr]

Thank god for our HDB.
.
This is public housing in HongKong:

 

[winnipegjets]

Singa
Singapore has a largest number of lessee, in term of percentage, in the world, in other words, not own a flat or house in the world.

Owning is expensive in a land-scarce country. Since everyone can have a roof over their head, lease or own does not matter. Sinkees have been reaping it in even with leasehold flats. No complaints.

 

[Papsmearer]

The biggest advantage that Sinkapore has is the cheap money that it has from the CPF. Also, land prices are inflated, thus the 'subsidy' is just on paper. Great accounting wizardry.
However, if sinkees are happy with their housing option, then all is good.

bullshit lah. Singapore is a dictatorship, that is why they can do all that. U can have all the cheap money in the world, but if landowners don't want to sell to you, you have no HDB estates. But if u force them to sell, then u can do it

 

[Papsmearer]

Owning is expensive in a land-scarce country. Since everyone can have a roof over their head, lease or own does not matter. Sinkees have been reaping it in even with leasehold flats. No complaints.

u like it so much, why don't u move back to singapore?

 

[rushifa666]

Oh like the old man who reversed his wheelchair and died because lift no need jnspection? Sinkies iq60

 

[True Believer]

Facts aren't opinions.
Fact...sinkies been repeatedly screwed by PAP.
Fact...they keep choosing to be screwed.
Fact.....they're afraid opposition will make things worse.
Now, any other way to interpret that fact as cowardice? Did you vote for PAP? Hahahahaha

Anyone who owns a private residence would not vote for a political party who wants to reinstate estate duty.

 

[Truthspeak]

No land, what to do? Sinkees still can afford to buy a flat while all over the developed world, their people kpkb that they can't afford to buy a home. So, they are taking it out on foreigners and blame their government for a global problem. Lucky sinkees. No need to protest. All it taken care of.

Who told you no land? Is it the government? If yes, look at the meme above.

What we do see in our reality, there were a lot of lands in Singapore taken up by the rich and the government for their profits

 

[Truthspeak]

only in Singapore that government dictate where you stay, who you stay with and force you to fork out huge sums to lease 99 years a small pigeonhole.
and they can revoke this lease anytime under guise of en-bloc.

try doing this elsewhere and you have people on the streets.

And most Singaporeans who were jabbed still think that they were smart lol

 

[Loofydralb]

Anyone who owns a private residence would not vote for a political party who wants to reinstate estate duty.

Private property owners are in the minority.
Again, proves sinkie cowardice.

 

[True Believer]

Private property owners are in the minority. Again, proves sinkie cowardice.

Private property owners are a small minority since only 15% stay in such homes. The remaining 50% voted for the PAP because of the CDC vouchers.

 

[Loofydralb]

Private property owners are a small minority since only 15% stay in such homes. The remaining 50% voted for the PAP because of the CDC vouchers.

Was there CDC vouchers 20 years ago? Nope.
But still they voted PAP.
The point is, they're coward then, they're still cowards now.

 

[True Believer]

Was there CDC vouchers 20 years ago? Nope. But still they voted PAP. The point is, they're coward then, they're still cowards now.

You forget that the Opposition was even more pathetic 2 decades ago compared to today. The cost of living then was nowhere as high as today. As a PME couple in our early 30s, my Mrs and I managed to upgrade from a resale HDB to a condo, and we owned a modest car only a few years after graduating from NUS.

 

[Loofydralb]

You forget that the Opposition was even more pathetic 2 decades ago compared to today. The cost of living then was nowhere as high as today. As a PME couple in our early 30s, my Mrs and I managed to upgrade from a resale HDB to a condo, and we owned a modest car only a few years after graduating from NUS.

I'm uneducated and my wife was jobless yet still did better than you.
You're not only a coward, you're pathetic.

 

[True Believer]

I'm uneducated and my wife was jobless yet still did better than you.
You're not only a coward, you're pathetic.

You are a demented Islamic extremist. I never said that I voted for the PAP, and even if I did, it is better than being a religious extremist.

 

[True Believer]

I'm uneducated and my wife was jobless yet still did better than you.
You're not only a coward, you're pathetic.

You must be demented if you believe that being uneducated and jobless is being better off than a couple who graduated from NUS, and now own 2 private properties and 2 cars.