Chitchat Ramesh and his $1.5 million property.... why rent when can buy now... thanks to 2003 PAP CECA deals...

[tanwahtiu]

In 2002 after the dot com crash, created more demand for Microsoft MCSE certified System Adminstrations.

So much so, LTs or LRTs with IT MCSE real degrees migrated to 5 eyes nations BE.

So easy, for Woody Goh, to find replacement.... India got Talents... so CECA saved Singapore from hollow out shortage of System Administrator.

So demand create shortage create fake degrees easy to steal jobs beat Woody to his talent, Indians Got Talents.

Then residential property constructions are in demand to create new economy.... the rent seeking economy....

So find more works and jobs for CECA ah nehs to rent to get 0% vacancy rate for this new economy.

Now these 2002 intake of fake IT ah neh cheaters like Ramesh are wealthy, so why rent when time to buy.

Soon wealthy CECA Ramesh type ah nehs turned Sinkies will buy more investment properties....

Whats next? Demand for fresh intake of fake degree Brahmin ah nehs are needed more from 2019 so Ramesh type can buy investment properties, and need his fake degrees ah nehs to rent from him.

This vicious cycle continues....

What is the moral of this story....

Hope this help

 

[syed putra]

If not for ceca, there would be a never ending stagnation.