2nd PAP member identified
More and more coming up. This is getting embarrassing - the skewed graphics, the "select" audience, the amateurish tricks.
But I bet the organisers still think they did a great job.
The question should be "Do you believe that next generation would have a better life if Singapore embraces a more democratic approach to parliamentary elections" I bet you it will be in the high 80s.
A grad in 1980s took home a monthly salary of $1500 aver. A 5 room HUDC/HDB flat was then $70K. Today, 30 years on, a grad takes in $4000 but the 5 rm HDB flat is now out of his reach - being 10 times higher.
His pay increased less than 3 times; but the flat increased 10 times. And only an idiot would say life will be better another 10 years on.
http://www.mom.gov.sg/statistics-pu...ormation/statistics/Pages/earnings-wages.aspx
Median Gross Monthly Income From
Work of Full-Time Employed
Residents ($)
Year 2001 $2387
Year 2004 $2326
Year 2011 $3249
at the same time over the same period
HDB prices in 2004
3rm 90k
4rm 120k
5rm 160k
EM 280k
HDB prices in 2012
2rm 100k
3rm 160k
4rm 300k
5rm 380k
EC 650k
A worker would be better off earning $2326 a month paying for a $120k new 4 room flat, than a worker in 2011 earning $3249 paying for $300k new 4 room flat.