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Serious PM Lee's 20-Year Legacy As PM: Sinkies Median Income Up From $2100 To $5200, Gini Inequality Index Reduced From 0.42 To 0.37. Majulah PAP!
- Thread starter JohnTan
- Start date
2004 Pinnacle 5-room resale $439K, 2024 Pinnacle 5-room resale $1.5m.
30 years loan, 2004 monthly mortgage was $1,827; 2024, your mortgage will be $6,203. Which means in 2004, you can buy a home at the Pinnacle but you cannot afford to do so in 2024. Of course, if you're a out-of-touch minister who makes x-million dollars a year. This is a problem.
30 years loan, 2004 monthly mortgage was $1,827; 2024, your mortgage will be $6,203. Which means in 2004, you can buy a home at the Pinnacle but you cannot afford to do so in 2024. Of course, if you're a out-of-touch minister who makes x-million dollars a year. This is a problem.
That is why good result delivery mah
Can u imagine u buy a BTO at 500k and resale only for 300k in 20yrs??
It is happening in Nippon now
10k for Toilet Manager?
Income rose, but he didn’t say how much housing cost rose even higher! Last time can buy flat for $$100,000. Now you will find flats selling for $800,000 and more!
This cheebye talking cock!
This cheebye talking cock!
Doesn't matter 10k or 100k. Still lose to inflation and overall cost of living. It only means the purchasing power of your Sinkie dollars is declining.
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