bringing back memories to all the boomers here..

[rotiprata]

 

[laksaboy]

Sorry, not yet born at that time. But I would love to time travel back to the 1960s and 1970s, back when it was less congested, less tall buildings, more unspoiled nature, and the high standards inherited from the Brit colonial masters were not yet fully wiped out.

 

[True Believer]

Sorry, not yet born at that time. But I would love to time travel back to the 1960s and 1970s, back when it was less congested, less tall buildings, more unspoiled nature, and the high standards inherited from the Brit colonial masters were not yet fully wiped out.

My parents, who were PMEs, bought 2 landed homes in the late 1960s and early 70s. I cannot imagine a couple who are graduates being able to afford that these days in the most expensive city in the world.

 

[jsctan]

My parents, who were PMEs, bought 2 landed homes in the late 1960s and early 70s. I cannot imagine a couple who are graduates being able to afford that these days in the most expensive city in the world.

Hope your parents not the 65% pawning 100% sinkies.

 

[True Believer]

Hope your parents not the 65% pawning 100% sinkies.

Don't you know that the wealthy in SG pay the most direct and indirect taxes? Why do you think that the rich are PAP supporters? The Mafia in White extract the most $$$ from private property and car owners who earn big bucks.

 

[jsctan]

Don't you know that the wealthy in SG pay the most direct and indirect taxes? Why do you think that the rich are PAP supporters? The Mafia in White extract the most $$$ from private property and car owners who earn big bucks.

I do know the MIW squeeze the most from middle & upper middle income. They super rich like themselves benefitted from having fat savings despite paying the same COE or same percentage of property tax.

 

[True Believer]

I do know the MIW squeeze the most from middle & upper middle income. They super rich like themselves benefitted from having fat savings despite paying the same COE or same percentage of property tax.

Why do you think the PAP carved out and separated Holland and Bukit Timah residents into Tanjong Pagar, Holland/Bukit Timah and Jurong GRC in past GEs? It is because many of the wealthy constituents voted against the PAP. These are professionals, business owners and captains of industry in the private sector who were disgruntled with the MIW and their Mafia-like tactics of forcing the rich to pay their dues.

 

[k1976]

Don't you know that the wealthy in SG pay the most direct and indirect taxes? Why do you think that the rich are PAP supporters? The Mafia in White extract the most $$$ from private property and car owners who earn big bucks.

U are wealthy mah
I estimated your assets to be in 7digit level de woh
That will put u in Top5-10% Household Wealth bracket. Gxgx

 

[k1976]

I do know the MIW squeeze the most from middle & upper middle income. They super rich like themselves benefitted from having fat savings despite paying the same COE or same percentage of property tax.

Good observations
The sandwiched class - majority of the kpkb forumers

 

[jsctan]

Why do you think the PAP carved out and separated Holland and Bukit Timah residents into Tanjong Pagar, Holland/Bukit Timah and Jurong GRC in past GEs? It is because many of the wealthy constituents voted against the PAP. These are professionals, business owners and captains of industry in the private sector who were disgruntled with the MIW and their Mafia-like tactics of forcing the rich to pay their dues.

Maybe the rich now are being lowered to low rich. It's the great divide. Really high gini coefficient we have. Rest can just go Bedok reservoir.

 

[WangChuk]

the days when the Singapore River is black and smelly .... and lots of freebies to pick from ground along the steps and walkways in front of the godowns and river .... moi always go there pick freebies bring home give mommy for cooking ....

 

[k1976]

 

[ftan42]

that when the children roam the street, 五脚鳮, and alley

 

[k1976]

that when the children roam the street, 五脚鳮, and alley

五脚基

 

[k1976]

The average debt per adult is S$72,831​

Debt is money that is owed to another party. It could be in the form of mortgage loans, car loans, credit card debts, or others (e.g., personal loans and education loans).

Mortgages typically account for the bulk of household debt because of their larger quanta and the fact that everyone needs a roof over their head.

Debt per adult has increased from US$26,598 (S$35,907) in 2000 to US$53,949 (S$72,831) in 2022, a significant increase of 103%.

While there are many factors at play in this increase in debt, one possible reason could be rising property prices, especially in the private sector, which have been on an upward trend throughout the decades.

SG Biggest Sure Win Huat Kah Liao Index

 

[jsctan]

View attachment 228752

As you can see, the US1M to $5M are just pisai & struggling to keep afloat seeing dwindling in the savings due to paying same amount of COE & percentage of property tax.

 

[k1976]

As you can see, the US1M to $5M are just pisai & struggling to keep afloat seeing dwindling in the savings die to paying same amount of COE & percentage of property tax.

Moi admit mor is a pisai

 

[Loofydralb]

My parents, who were PMEs, bought 2 landed homes in the late 1960s and early 70s. I cannot imagine a couple who are graduates being able to afford that these days in the most expensive city in the world.

If chinks don't cheat, will never get rich.
Who did your parents scam?

 

[True Believer]

If chinks don't cheat, will never get rich. Who did your parents scam?

Chinese people believe in using our brains, propensity for hard work and entrepreneurial spirit to build wealth. We do not resort to stealing, bribery and expecting handouts like Malays north of the Causeway resort to; your people are both dishonest and lazy. The truth hurts, doesn't it?

 

[Loofydralb]

Chinese people believe in using our brains, propensity for hard work and entrepreneurial spirit to build wealth. We do not resort to stealing, bribery and expecting handouts like Malays north of the Causeway resort to; your people are both dishonest and lazy. The truth hurts, doesn't it?

Yes cheating scamming and double dealing is hard work.
Malays never needed handouts or help but cheating and double dealing came from kafir pendatangs and introduced 'help' and 'handouts'.