Clueless Khaw Boon Wan Now Thinks its About the Price

[Brightkid]

A thought came to my mind a couple of days back on why they are insisting on an ever increasing HDB prices. Here goes;

They probably know that our CPF money is either gone or insufficient for us to retire in and is worried that if it goes on, SG will be in deep shit when the entire nation does not have enough. The only way to mitigate this is to increase our wealth and housing being the biggest assets most SG will ever have, it is the fastest way to resolve this in the mid term for the Baby Boomers.

However, it seems like a good plan on paper, but when they implemented it, it spiralled out of control and now they are stuck between a rock and a hard place.

Those in the know care to comment?

I see and respect your view re above.

However, IMO, I tend to think our CPF is as good as gone (just need read how much Temasick and GIC losses to-date) and the concern of PAP is probably how best to delay any withdrawal as best they can. The ONLY way out? My guess is to increase prices of HDB (by whichever means) and trap all buyers into 'using their CPF to pay for their mortgages for the next 30 years to drain it off their accounts.

After about 30 years or so, what happened then? Haha......SERS to restart it again!!

Bottom line, HDB, imo, is a big-value tool to drain off all CPF and en-trap buyers for rest of their lives!

How many can still have CPF to withdraw for retirement after 30 years of paying off their HDB purchases? If anyone still have money in CPF to withdraw, don't go celebrate, there is CPFLife to hold it back incase anyone 'escape' the net!

Of course, I respect any differing views from mine.

Only an independent audit can dismiss this thought. And the late OTC (bless his soul) tried, but failed to get an answer till now. So don't hold your breath unless PAP is unseated!

I would be very glad to be proven wrong.

 

[Loofydralb]

Khaw is not clueless. The issue is deciding who they want to serve, the rich or the masses.

Then what's with the CM twist and turns? They know that the truly rich and talented will get richer even without changes in policy.

Clueless Khaw is worried that he cannot satisfy the electorate in time for GE2016.

And CM after CMs are rolled out for that one purpose only. To retain power.

Even that, he fails miserably.

 

[po2wq]

dose who were cot holding properties during 90's shud now b laffing until laosai, tanks 2 ah loon ...

now, iz all about how much mor greed ...

 

[streetsmart73]

hi there


1. just another clueless dafter dog.
2. as usual farting.
3. protecting its own agenda
4. the only solution: 2016