Government Logic: lower cost will hurt Singaporeans

[blackmondy]

Another gahmen logic..."GST helps the poor".

"Virginity helps the prostitution industry."

 

[bobby]

 

[KuanTi01]

All Singaporeans particularly those HDB flat owners/buyers will tell the minister to go and have her head examined. Common sense always prevail! Lower costs benefit them but not the Government. Lol

 

[Boliao]

If property prices are low..

1. Singaporeans will have more cash on their hands and end up squandering their wealth meant for retirement.
2. Singaporeans will have less stress/ burdens, they will get too comfortable and end up less driven to work harder; productivity and businesses will suffer.
3. CPF will less money, affecting Temasek, GIC and our reserves. Ministers will lose motivation to serve and Singaporeans will end up with mediocre politicians
4. Singaporeans will be so contented in life that they will start to think about other stuff, like politics, and challenge PAP's authority. Singapore will have a less stable political environment for foreign investors.

 

[Pervert]

Hahahaha.... she sooooooooooo cute!

 

[ODACHEK]

She meant hurting the rich people who are investing properties.

 

[Loofydralb]

Do you agree

'Drastically lowering' BTO prices by disregarding land costs will only end up 'hurting all Singaporeans': Sim Ann​

Then go ahead and lower it as it will also end up hurting us one way or another. But at least you get cheaper housing.

 

[GUDANGARAM]

Basically Singapore has many middle income people and they are educated and know how to think. They cannot be fooled easily. Time has changed

 

[blackmondy]

Please tell me by what logic, if any, would affecting the property market as a whole through lower prices "hurt all Singaporeans" as per the original statement.

Your persistence might get you pofma'ed.

 

[GUDANGARAM]

Time for Singaporeans youth to 躺平 relax and don’t spend money and don’t work hard

 

[blackmondy]

Time for Singaporeans youth to 躺平 relax and don’t spend money and don’t work hard

Frankly this is the best way to fuck Pinky and his lackeys. Don't play their game and see how they falter.

 

[CPTMiller]

Do you agree

'Drastically lowering' BTO prices by disregarding land costs will only end up 'hurting all Singaporeans': Sim Ann​

Yes.
This will make the HDB prices over affordable and sinkies will be less stressful to pay loan for next 35 years or more.
This also make sinkies lazy and not work harder till 75 years old

 

[GUDANGARAM]

Time for Singaporeans youth to 躺平 relax and don’t spend money but

Yes.
This will make the HDB prices over affordable and sinkies will be less stressful to pay loan for next 35 years or more.
This also make sinkies lazy and not work harder till 75 years old

what is wrong to relax a bit

 

[Bad New Brown]

Time for Singaporeans youth to 躺平 relax and don’t spend money and don’t work hard

That a good idea don't spend money will bring down the economy

 

[creampie]

She means the rich landowning classes who will see their asset values drop. She and her cronies belong to this class. Some of them have 20 or more rental properties and their rental values will drop as well.

 

[Rogue Trader]

This Ann Sim is being groomed by the party to be the next cheebye mouth after similarly useless female ministers Jo teo and Amy khor.

 

[zeebjii]

Do oppies agree that BTOs in Queenstown and Clementi should be selling at the same price as BTOs in Yishun and Woodlands?

Yes!

 

[JohnTan]

Yes!

Keep your answer in mind when you sell your property. Do not ask for a premium selling price because of the location.

 

[eatshitndie]

huat ah! only sinkies get to pay for “bto land cost” and “owning” the bto unit without owning the land. this kind of deal is called heads you lose tails they win. all they need is more suckers to fall for it, and prices will keep going up. win win for all (sexcept the last buyer).

 

[Boliao]

For the price of a $1m HDB, one can buy a 4-storey apartment in Tokyo Japan and own the land around it. You can convert the 1 floor into a shop and rent it out to business, convert 3 stories into singles apartment and rent it out while you take 1 full level for yourself; and pay off the purchase in slightly less than 10 years.