- Joined
- Dec 6, 2018
- Messages
- 17,262
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- 113
exactly...these pap and their related species are the ones benefiting the most from paying low taxes to free capital gains...FUCK PAPWho is going to buy all those high end condos and rent the GCBs belonging to our politicians and their cronies if the authorities clamp down too hard on money launderers?
S'pore ranks 3rd in the world for crony capitalism i.e. the % of billionaires who have close family and personal ties with our leaders (Source: Forbes, IMF and The Economist).exactly...these pap and their related species are the ones benefiting the most from paying low taxes to free capital gains...FUCK PAP![]()
Knn .The rich folks are beneficial for sg
Trickle down effect
The trickle down effect is that these rich foreigners compete with locals for everything from homes to cars to food. Increased demand for a limited supply of all of the above will cause prices to skyrocket. S'porean buyers of landed homes will turn to condos, those who can no longer afford condos will buy HDB flats, and so on and so forth. The result is that prices of ALL types of properties will shoot up! So will the prices of cars. A lot of Sinkies don't realise this, and think they are not affected because they are HDB buyers and aspire to only own Cat A cars. These locals are daft.The rich folks are beneficial for sg. Trickle down effect
Will PAP agree with your analysis and apology, then make remedies?The trickle down effect is that these rich foreigners compete with locals for everything from homes to cars to food. Increased demand for a limited supply of all of the above will cause prices to skyrocket. S'porean buyers of landed homes will turn to condos, those who can no longer afford condos will buy HDB flats, and so on and so forth. The result is that prices of ALL types of properties will shoot up! So will the prices of cars. A lot of Sinkies don't realise this, and think they are not affected because they are HDB buyers and aspire to only own Cat A cars. These locals are daft.