Clueless Khaw Boon Wan Now Thinks its About the Price

[Loofydralb]

http://www.straitstimes.com/breaking-news/singapore/story/hdb-will-be-the-price-setter-khaw-boon-wan-20130413

Again, KBW is shooting himself in the foot and gets further and further lost in the housing arena.

"As the chief supplier of homes, the Housing Board should set the price of public housing, rather than take its cue from the resale market."

Setting the price of HDB will correct the housing landscape? Without corresponding changes to policy will make the whole exercise look stupid. Everybody knows HDB affects private property prices and vice-versa, except KBW.

Markets will adjust itself. Trying to armtwist the market will have its consequences further down the road. The right way is to set polict and allow markets to set its own prices.

So what's the right policy? I'm not telling cause I'm not paid million dollar salary to come up with hare-brained changes that will forever trap suckers into their perpetual slavery.

I'll be enjoying the clown show.

 

[Bigfuck]

Khaw is farting through his mouth.

 

[scroobal]

I always enjoyed their statements where they announce a complete u-turn on a major policy. They give the impression that they just took over the government last week and knew immediately that it was a wrong policy and acted immediately. These fucking policies were set by the same government led by same party and the same PM. Not a single hint of contrition, remorse or sign of regret. How about a simple expression of sorry.

The HDB has controlled housing for 80% of homes in Singapore since the early 60s, before merger, during merger with Malaysia and after independence, the only other country other than North Korea and therefore had absolute control of the price including the resale market as their regulations over purchase and sale still was governed by them. This bullshit about the tail waging the dog is a tall story.

Everyone in the property market knew that raising HDB price would allow private properties to rise and everyone in Cabinet would benefit from it.

In the 90s, the first signs of trouble started surfacing when young couple were struggling and the Govt stepped in to give subsidies and up to $50k. They did not act then. Until they lost GE2011, screwed in Hougang BE and their candidate sodomised to death by a young lady in Punggol BE, then the penny dropped.

 

[The_Hypocrite]

KBW and that SAW bitch is a good example of Foreigners we dont need. We should deport them back straight away,

 

[Dreamer1]

KBW and that SAW bitch is a good example of Foreigners we dont need. We should deport them back straight away,

Brother,the ex-Malaysian Chinese who are in Singapore expect all of us,the "born" in Singapore,to act like that,to be eternally grateful to the fucking PAP government,just open the 156th,you will see an ex-Malaysian praising PAP non-stop,such is the low mentality of these ex-Malaysian Chinese,don't get me wrong,my best friend is a Malaysian Chinese staying in Penang,they are really nice people,but those who optd to come to singapore are just too simple to undertsand the "SIN" of fucking PAP.ALL PAP MPs of ex-Malaysian origin are in this category,without exception,starting from Khaw B.W

 

[congo9]

Brother,the ex-Malaysian Chinese who are in Singapore expect all of us,the "born" in Singapore,to act like that,to be eternally grateful to the fucking PAP government,just open the 156th,you will see an ex-Malaysian praising PAP non-stop,such is the low mentality of these ex-Malaysian Chinese,don't get me wrong,my best friend is a Malaysian Chinese staying in Penang,they are really nice people,but those who optd to come to singapore are just too simple to undertsand the "SIN" of fucking PAP.ALL PAP MPs of ex-Malaysian origin are in this category,without exception,starting from Khaw B.W

I have a few female Friends who are residing in Malaysia and holding a work permit in Singapore They are trying to get a PR FYI . They are absolutely in love with PAP Govt, whenever we say bud about PAP Govt . She will sulk.

Anyway Malaysia GE is round the corner. She hope that Najib might lose. She so naively think that With Najib out the corruption will stop. I ask her not to be too naive.

 

[I_Hate_Pappies]

This clown. :oIo:

[video=youtube;6j5j59MSSl8]http://www.youtube.com/watch?v=6j5j59MSSl8&feature=player_embedded[/video]

 

[Dreamer1]

I have a few female Friends who are residing in Malaysia and holding a work permit in Singapore They are trying to get a PR FYI . They are absolutely in love with PAP Govt, whenever we say bud about PAP Govt . She will sulk.

Anyway Malaysia GE is round the corner. She hope that Najib might lose. She so naively think that With Najib out the corruption will stop. I ask her not to be too naive.

Brother Congo9,what ever it is "GAY"-according to MM Lee,which i don't believe,is better than corrupted Nanjib whose wife is a murderer.

 

[escher]

KBW and that SAW bitch is a good example of Foreigners we dont need. We should deport them back straight away,

The fucking housing is the main way 800++ billions were screwed and fucked from us into smear of shit on sole of shoe LKY Stinkapore sovereign funds.
That bastard got our money and we got pigeon holes for a while.

WE DO NOT NEED ANY OF THOSE MAGGOTS IN WHITE, NOT JUST KBW OR SAW BITCH.
KICK EVERYONE OF THOSE BASTARDS IN WHITE OUT IN 2016

 

[po2wq]

I have a few female Friends who are residing in Malaysia and holding a work permit in Singapore They are trying to get a PR FYI ...

tel dem 2 throw away their msian paspot n get a sinkielan 1 ...

 

[Capano2121]

tel dem 2 throw away their msian paspot n get a sinkielan 1 ...

90% of them will do so without batting an eyelid!

 

[jw5]

Scroobal in 2011: Khaw will not run.

Scroobal in 2011: Chen will run but should not.

http://singsupplies.com/showthread.php?89550-The-Chen-Show-Mao-Affair

 

[zhihau]

I'll be enjoying the clown show.

HDB has the obligation to keep pricing of HDB flats low and affordable. 4 times the annual salary of the median wage seems already on the high side. 2.1K/month, 27.3K/year, 109.2K selling price. 2.6% interest on the mortgage...

 

[congo9]

tel dem 2 throw away their msian paspot n get a sinkielan 1 ...

The Problem is that they want to earn SingKie Money. They are way paid above Their capability. 1 can't even write a proper letter with simple English with one proper format. They want to get PR and let their kiddies enjoy subsidise education. Such is a mentality of foreigners now days.

Our govt is still Trying to get more votes before 2016 election year and they are too busy with thee downs from the north. Ask them to get Singapore citizenship, they ask you why should they ? They Still think that they deserve the same pay as normal Singaporeans.

 

[Loofydralb]

From another forum:

The Cow likes to appear wise while the Horse liked to smile sheepishly as if there is nothing wrong with the housing prices and policies.
How on earth did we have two farm animals in charge of our housing needs. MIND BOGGLING!

 

[lesMISERABLES]

I'm not telling cause I'm not paid million dollar salary to come up with hare-brained changes that will forever trap suckers into their perpetual slavery.

I'll be enjoying the clown show.

Totally agree with you. Why should we ordinary Singaporeans help the world's highest paid politicians solve problems without us being rewarded? LEEgime is under the impression that we do not know there is no such thing as free lunch in this world?

 

[lesMISERABLES]

In the 90s, the first signs of trouble started surfacing when young couple were struggling and the Govt stepped in to give subsidies and up to $50k. They did not act then. Until they lost GE2011, screwed in Hougang BE and their candidate sodomised to death by a young lady in Punggol BE, then the penny dropped.

@ scroobal

You know what, IMHO we should refrain from suggesting solutions for LEEgime. Pinky and his ministars are already the world's highest paid politicians. You can be sure that you will not even get 5% of Pinky's total remunerations for your ideas.

What should we do then? The opposition shall wait till the date of the next general elections is set to announce their solutions to the current and future problems.

Remember GE 2011? LEEgime was completely taken by surprise by the surge in unhappiness with their policy mis-steps, ooops, mistakes.

 

[giggity_shit]

Singaporean men sperm quality getting worse and worse. This ultimately led to delayed family planning and lagging housing supply.

 

[Cerebral]

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?

 

[watchman8]

Khaw is not clueless. The issue is deciding who they want to serve, the rich or the masses. At the moment, almost all policies are geared towards the rich, and incidentally all senior civil servants and ministers belong to the rich.

For housing to be affordable to local masses, the market must be protected from PR and foreigner buying. But doing so will put downward pressure on condos and property investments of the rich. So the best khaw can do is to hold prices at current level. The damage was done over the past twenty years, and LHL is one of chief architects of current situation.