- Joined
- Jul 10, 2008
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I have a proposal. If a PR is not physically living at least 1 year within a 5 year period in Singapore, they are deemed to have given up wanting to plant roots here in Singapore. Hence, their HDBs will be forced sold on the open market.
Too many PRs are not sinking their roots in Singapore. When their sons reach NS age, they would rather emigrate or go back home. They dont want their sons to do NS. And to rub salt to the wounds, they continue to keep their HDB resales which they have bought earlier. They will rent it out with good rental income since PAP continues to let foreigners come in to help boost our GDP.
Imagine renting out $1700 a month. For Indian FTs, that's more than Rs50,000 a month!!! (an accountant in India perhaps makes about Rs10,000 a month). They can retire very comfortably back home in India. Same for PRCs. At $1700, that's about RMB8,500 a month (A univ grad these days can only get starting pay of less than 2,000 a month).
As Singapore grants more PRs, more HDB resales are being snapped up by PRs. Then they retire back home later and make good money out of our meagre resource. Can u imagine 1 day 50% of our HDBs are bought by PRs who are not staying in Singapore but making money out of it so that they can retire comfortably back in their 3rd world countries? What's the point of all these shit!!!!
Too many PRs are not sinking their roots in Singapore. When their sons reach NS age, they would rather emigrate or go back home. They dont want their sons to do NS. And to rub salt to the wounds, they continue to keep their HDB resales which they have bought earlier. They will rent it out with good rental income since PAP continues to let foreigners come in to help boost our GDP.
Imagine renting out $1700 a month. For Indian FTs, that's more than Rs50,000 a month!!! (an accountant in India perhaps makes about Rs10,000 a month). They can retire very comfortably back home in India. Same for PRCs. At $1700, that's about RMB8,500 a month (A univ grad these days can only get starting pay of less than 2,000 a month).
As Singapore grants more PRs, more HDB resales are being snapped up by PRs. Then they retire back home later and make good money out of our meagre resource. Can u imagine 1 day 50% of our HDBs are bought by PRs who are not staying in Singapore but making money out of it so that they can retire comfortably back in their 3rd world countries? What's the point of all these shit!!!!