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Serious Desmond choo choo :"HDB 4room occupant are poor."

songsongjurong

Alfrescian
Loyal
hdb 4rooms folks are the poor,needing handout.

4room and below are downtrodden indeed.

Screenshot_2017_02_11_08_43_57.png
 

frenchbriefs

Alfrescian (Inf)
Asset
if u bought ur 4 room flat and below like in the 80s and early 90s can be considered poor.but now housing prices are so expensive u have to be middle class to afford one.
 

Bonut

Alfrescian
Loyal
if u bought ur 4 room flat and below like in the 80s ad early 90s can be considered poor.but now housing prices are so expensive u have to be middle class to afford one.

4-room owners are smart if they refuse to upgrade to a smaller and more expensive 5-room. 5-room owners pay more conservancy charges for a smaller floor area. The real Gong Kias.
 

halsey02

Alfrescian (Inf)
Asset
Now you know the reasons why the Hougang residents did not vote for this "desmond choo choo train"....
 

scroobal

Alfrescian
Loyal
Thats a silly argument - penny wise, pound foolish. The capital appreciation for a 5 room is always faster than a 4 room. We talking about people who can afford upgrade, go for travel, buy endowment policy with their hefty premium but end up having their whole world revolving around conservancy charges.

4-room owners are smart if they refuse to upgrade to a smaller and more expensive 5-room. 5-room owners pay more conservancy charges for a smaller floor area. The real Gong Kias.
 

chootchiew

Alfrescian (Inf)
Asset
Pap has no clue to who are the rich, middle class , average and poor sinkies. The mean test formulas are all done wrongly , resulting in some smarter sinkie losers able to take advantage of it :biggrin:
 

Brightkid

Alfrescian
Loyal
If PAP ministers demanded millions of salary with no accountability, what chance does sinkies have which many earning less than $2k a month?
 

frenchbriefs

Alfrescian (Inf)
Asset
Thats a silly argument - penny wise, pound foolish. The capital appreciation for a 5 room is always faster than a 4 room. We talking about people who can afford upgrade, go for travel, buy endowment policy with their hefty premium but end up having their whole world revolving around conservancy charges.

actually its not true,the returns on the 2,3 and 4 room flats are the greatest on average over the past 30 years besides landed properties,landed properties are obviously going to do well because of the extremely limited supply of them on this island,while 2,3 and 4 room flats have a strong demand for them regardless of economic conditions even as the population grows richer because theres always a core of the population that needs them,five room flats however are somewhat volatile and condos have the worst performance of all,during a economic crisis or downturn,when theres high layoffs and redundancy,people tend to tighten their belts or those who cannot afford their mortgages will tend to sell their condos and 5 room flats and opt for cheaper alternatives.....this plus the oversupply of condos result in weak market conditions.
 

Bonut

Alfrescian
Loyal
lOduDM6.jpg

actually its not true,the returns on the 2,3 and 4 room flats are the greatest on average over the past 30 years besides landed properties,landed properties are obviously going to do well because of the extremely limited supply of them on this island,while 2,3 and 4 room flats have a strong demand for them regardless of economic conditions even as the population grows richer because theres always a core of the population that needs them,five room flats however are somewhat volatile and condos have the worst performance of all,during a economic crisis or downturn,when theres high layoffs and redundancy,people tend to tighten their belts or those who cannot afford their mortgages will tend to sell their condos and 5 room flats and opt for cheaper alternatives.....this plus the oversupply of condos result in weak market conditions.
 
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halsey02

Alfrescian (Inf)
Asset
Pap has no clue to who are the rich, middle class , average and poor sinkies. The mean test formulas are all done wrongly , resulting in some smarter sinkie losers able to take advantage of it :biggrin:

In Singapore the classification is " PAP members, cronies & affiliates" & OTHERS, under OTHERS, however rich you are, cannot compare with the first classification...
 

JohnTan

Alfrescian (InfP)
Generous Asset
If HDB 4 room occupants are not poor, then why are they staying in a four-room flat instead of a 5 room flat, executive unit, condo or private housing?

The only people poorer than 4-room flat occupants are those staying in smaller flats with fewer rooms, rentals, campers at east coast beach and refugees.
 

KuanTi01

Alfrescian (Inf)
Asset
Well poor Desmond now works extra hard for his Tampines residents as he well knew he didnt win the hearts of Hougang residents.
 
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