<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>SingaporeNewsAlternative.blogspot.com (snablogspot) <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>1:00 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 3) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>24394.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>...not in Singapore, but in China for the lower income.
http://mysingaporenews.blogspot.com/...gaporeans.html
11/14/2009
We need a few 'stupid' Singaporeans
Capitaland is going to build more affordable homes for the ordinary people in China. This set my eyeballs rolling. More affordable homes and in China, why not Singapore? And what is the definition of affordable? 30% or 35% of a person's income for 30 years?
Our HDB used to build truly affordable homes for the people and the people greatly benefitted from it. For that, they voted for the govt for the last 45 years. But things are changing. The formula for affordability is becoming a farce. Nobody believes in it any more, to the extent that the word affordable is becoming a frightening word, a scornful word.
For people who still go around mouthing that word, I wonder if they themselves believe in it. Unfortunately the truth is that they really and sincerely believe in it. For these are people who could buy 10 or 20 units of public housing flats with one year of their incomes. Only the losers are crying foul.
Would successful people like Leong Mun Leong of Capitaland have second thought and said, what's going on, I have everything I want in life, I have more than enough, I have done and achieve enough, maybe it is time to do some national service, build really 'affordable' homes for the ordinary people of Singapore. Prove that public housing can be better and cheaper, and not dwindling in size. That would be a great mission.
But such an idealistic mission is meant only for 'stupid' people who believe in little ideals like serving the people and taking care of the people, giving the people a good life. This is opposed to those who are too talented and too pragmatic, and wanting more and more for themselves.
We have many successful people like Liew Mun Leong. What we need is to find among them some 'stupid' people to serve the people and thinking for the people, to redefine what is a good life. Not the current formula of working till one drops dead and paying for a whole life for a pigeon hole, and having no savings for retirement when the savings rate is more than 35% of a person's income. How could it be when our savings rate is the highest in Asia, next only to Japan?
The basket is leaking, a big hole, or many holes!
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For local news from non-local mainstream media, visit: http://singaporenewsalternative.blogspot.com </TD></TR></TBODY></TABLE>
http://mysingaporenews.blogspot.com/...gaporeans.html
11/14/2009
We need a few 'stupid' Singaporeans
Capitaland is going to build more affordable homes for the ordinary people in China. This set my eyeballs rolling. More affordable homes and in China, why not Singapore? And what is the definition of affordable? 30% or 35% of a person's income for 30 years?
Our HDB used to build truly affordable homes for the people and the people greatly benefitted from it. For that, they voted for the govt for the last 45 years. But things are changing. The formula for affordability is becoming a farce. Nobody believes in it any more, to the extent that the word affordable is becoming a frightening word, a scornful word.
For people who still go around mouthing that word, I wonder if they themselves believe in it. Unfortunately the truth is that they really and sincerely believe in it. For these are people who could buy 10 or 20 units of public housing flats with one year of their incomes. Only the losers are crying foul.
Would successful people like Leong Mun Leong of Capitaland have second thought and said, what's going on, I have everything I want in life, I have more than enough, I have done and achieve enough, maybe it is time to do some national service, build really 'affordable' homes for the ordinary people of Singapore. Prove that public housing can be better and cheaper, and not dwindling in size. That would be a great mission.
But such an idealistic mission is meant only for 'stupid' people who believe in little ideals like serving the people and taking care of the people, giving the people a good life. This is opposed to those who are too talented and too pragmatic, and wanting more and more for themselves.
We have many successful people like Liew Mun Leong. What we need is to find among them some 'stupid' people to serve the people and thinking for the people, to redefine what is a good life. Not the current formula of working till one drops dead and paying for a whole life for a pigeon hole, and having no savings for retirement when the savings rate is more than 35% of a person's income. How could it be when our savings rate is the highest in Asia, next only to Japan?
The basket is leaking, a big hole, or many holes!
<!-- / message --><!-- sig -->__________________
.
For local news from non-local mainstream media, visit: http://singaporenewsalternative.blogspot.com </TD></TR></TBODY></TABLE>
