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All politicians are dictated by someone.
LKY is dictated by international interest. Why do you think we could afford to have two casinos built on this small island.
Adelson looks after Zionist interest only.
Khaw interest is purely local.
You go figure out.
It's now all about $$$$. Don't underestimate Khaw or anyone in the PAP. They are ALL bizessmen & (legalised)crooks. He's probably got a piece of the action & making extra $$$ on the side
What???!!! Burst the bubble and undermine all the huge property portfolios of all the leaders of this country?
Their Ponzi scheme can NEVER be undemined....besides a high priced property market just entrenches the sense of inevitability of the current high prices and adds a new "normal" to the already inflated prices... that way when the (fresh) young sinkies or the rest of the dumbass 60.1 sheep sink in their life's savings into acquiring a (or another) property (which they dont really own in the first place) and an external event comes along to cause a right and proper crash... all these bladdy fool sinkies will guaiguai stay out in the little dot and have nowhere to go but to work out the wages of their slavehood....
"The residential market is quite resilient because of a few factors--there's good economic growth and very good employment; there's very low interest rates...and high liquidity," Mr. Wong said.