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People says that looks can be deceiving but this does not apply to Goh Meng Seng. GMS looks fat and stupid and indeed he is. His latest Mother of All Retards proposal:
1) Sell NEW HDB flats at cost.
2) Don't meddle in the free resale market by removing the grants.
Market prices are determined by the Law of Demand and Supply. Even the hopeless morons from ITE know this.
What happens if GMS's proposal is adopted:
Property prices will sink faster than the Titanic
1) Many people will have negative net asset and they will not be able to sell their properties without having to cough up a big amount of money to make up for the shortfall between mortgage value and resale price. All Singaporeans will end up poorer.
Many people with private properties will also end up being bankrupts.
2) Removing grants for couples who are just starting out in their careers would mean they will delay their marriage, have fewer productive years for children and maybe give up the idea of marrying.
FYI, GMS came up with these ridiculous proposals after selling his flat at current resale prices. He is probably hoping to buy it back on the cheap. FREAKING Daylight Robbery!
So GMS, you can take your unwanted proposals and shove them up your big fat arse:oIo:
1) Sell NEW HDB flats at cost.
2) Don't meddle in the free resale market by removing the grants.
Market prices are determined by the Law of Demand and Supply. Even the hopeless morons from ITE know this.
What happens if GMS's proposal is adopted:
Property prices will sink faster than the Titanic
1) Many people will have negative net asset and they will not be able to sell their properties without having to cough up a big amount of money to make up for the shortfall between mortgage value and resale price. All Singaporeans will end up poorer.
Many people with private properties will also end up being bankrupts.
2) Removing grants for couples who are just starting out in their careers would mean they will delay their marriage, have fewer productive years for children and maybe give up the idea of marrying.
FYI, GMS came up with these ridiculous proposals after selling his flat at current resale prices. He is probably hoping to buy it back on the cheap. FREAKING Daylight Robbery!
So GMS, you can take your unwanted proposals and shove them up your big fat arse:oIo: