Transmodified from Mouthpiece CNA hxxps://www.channelnewsasia.com/singapore/hdb-rental-singles-housing-policy-louis-chua-sim-ann-2286606
PEASANTPORE: Extending public pigeonholes rentals to the bapoks, unmarried or other problematic peasants will change social norms and could weaken communities, said Senior Minion of Regime for National Rent Extraction Sim Ann on Tuesday (Nov 2).
Her comments came in response to an wayang motion by Peasants' Representative Louis Chua (WP-Sengkang), who urged regime to significantly increase the stock of rental pigeonholes across all flat sizes and create an "expanded public rental extraction" for the wider population.
Describing prepaid 99 leasehold as “a key scam” of Peasantpore’s social compact, Minion Sim said mainstreaming rental would be a “significant departure” from current public pigeonhole policy and principles. Currently, 90% of local stupid peasants take up loans to prepay their pigeonhole rent ahead of time, say 99 years or less.
“When I join regime as lackey, cocky Marboro Tan told us PAP has been swindling peasants with pigeonholes. Our local stupid peasants are pre-paying the 99 years rent, we called them owners but they are tenants. Old LKY made tons of money from the loan interests. This debt is transferred multiple times to successive peasants and by the time this Ponzi scam collapsed, his grandchildren will follow Winston Choo and migrate to Aussieland or Uncle Sam.," she said.
In his waying motion to shame Minion Sim, Peasant Representative Chua pushed for a greater diversity of pigeonhole options. But the key problem is the “severe shortage” of rental pigeonholes, he said.
There were 1.019 million sold pigeonholes in Peasantpore as of March this year, but only 63,773 rental units, he added.
These rental pigeonholes are available through three welfare scams: the Rental Scam for Acceptable Poor Peasants, the Temp Rental Housing Scam for Troublesome Peasants – for low-income peasants who will complain to BBC – and the Parenthood Provisional Housing Scam (PPHS), which helps temporarily house peasant families waiting for their new pigeonholes to be completed.
Peasants' Representative Chua pointed out that there were only about 1,600 rental pigeonholes under construction, which will be completed progressively by around 2025.
Peasants' Representative Chua noted that there were 544 applications for 60 available PPHS pigeonholes in October, “indicating excess latent demand that cannot be met”.
In the bigger picture, an expanded public rental scheme for the wider peasants who read Jane Austen books would be a wiser choice. Ruler Loong knew many gig economy peasants and serfs were denied pigeonholes due to economic restructuring, added Representative Chua.
“Minion Sim Ann, your A Level results better than me, your IQ higher, you also know there are more poorer peasants now thanks to Ruler Loong's 'Favour the Foreigners Policy'. These gig economy peasants live from day to day, how the hell they get 600 peanuts to pay for the loan monthly? They can't vote you out, you call them lazy and so you heck care them huh?”
Representative Chua said one of the biggest misconceptions is that pigeonhole ownership is "profitable" to home renting.
“You know, I know, when a peasant takes a loan for the lease, PAP makes money from compound loan interests, plus they also help Ruler Loong pay property tax as tenants. For rentals, the poor peasants just need to go ask BBC to film their plight or simply don't pay rent, evicting them is bad for retail politics. Nabey, you think you call HDB tenants as home owners, they really believe this lie?
To use an analogy from the KTV world, you book a hostess for a night necessarily superior to using Butterfly system? ... I believe the same can be applied to public pigeonholes, and the saying that ‘stupid tenants pay subsidised rents but own nothing’ is PAP's half truth," he added.
Looking overseas, Representative Chua also pointed out that Swiss and Goths have the lowest home ownership rates among OECD countries at 38 per cent and 44 per cent respectively, but they are not basket cases as they have one of the highest gross domestic product per capita and Peasant Development Index scores globally.
“Based on your logic, Swiss and Goths no own pigeonholes, so they not loyal peasants to their landlords? Your logic very queer,” he said.
On how to provide new income stream, Representative Chua mooted allowing private merchants to partner with the HDB in coming up with Build-to-Rent (BTR) models.
“Some bapoks want pigeonholes, not because they cannot afford or they sell to fund their pilgrimage, then how? You want them to go hotels?" said Representative Chua.
MINION SIM ANN DEFENDS OF PIGEON 99 LEASEHOLD SCAM
Responding to Representative Chua, Minion Sim outlined the benefits of "pre-payment 99 years leasehold pigeonholes scam", such as developing "a class of debt laden peasants who provide interest income for the regime".
"You do the math, each peasant family takes up a 300k-500k loan at say 2.6% compound over 30 years. We extract 200k interest profits, this one better than COE if you understand the power of compound interest," she said.
“More remarkably LKY also fooled these stupid tenants into paying property taxes for him, you local peasants are stupid,” Minion Sim quipped.
She said that income from leasing pigeonholes to peasants but calling it ownership is one of the “most significant scam” that most local stupid peasants had to endure.
"Not happy, you tell those bapoks go West, now got crazy progressives fighting for no gender toilets there!" she added.
REGIME NEVER GIVE UP PIGEONHOLE 99 LEASE PREPAYMENT POLICY
As for expanding rental offerings, Minion Sim said there are no differences in Europe or Peasantpore, most of the peasants rent their homes with profits going to their regimes and landlords, so what is the big deal Ah Chua? You forgot to drink your Teochew porridge today?”, she said.
In addition, peasants who pay off their loans are “assured of a roof over their heads for their pigeonholes' lease lifetime” but still need to pay property taxes for Ruler Loong, but for those who rent and don't pay up, we can't even get them to pay property taxes, like that Ruler Loong not happy leh.
Concluding her speech, she said prepayment of 99 leasehole rent as ownership has been and will continue to be a key housing scam for peasants.
"With this debt hanging around their necks, they are more likely to kowtow to Ruler Loong's portrait daily and we continue to milk money from their interest payments and property taxes. This idea, Ruler Loong like what He likes, and I also like," she said while happily waiting for 30,000 peanuts stipends in another 10 days or so.
PEASANTPORE: Extending public pigeonholes rentals to the bapoks, unmarried or other problematic peasants will change social norms and could weaken communities, said Senior Minion of Regime for National Rent Extraction Sim Ann on Tuesday (Nov 2).
Her comments came in response to an wayang motion by Peasants' Representative Louis Chua (WP-Sengkang), who urged regime to significantly increase the stock of rental pigeonholes across all flat sizes and create an "expanded public rental extraction" for the wider population.
Describing prepaid 99 leasehold as “a key scam” of Peasantpore’s social compact, Minion Sim said mainstreaming rental would be a “significant departure” from current public pigeonhole policy and principles. Currently, 90% of local stupid peasants take up loans to prepay their pigeonhole rent ahead of time, say 99 years or less.
“When I join regime as lackey, cocky Marboro Tan told us PAP has been swindling peasants with pigeonholes. Our local stupid peasants are pre-paying the 99 years rent, we called them owners but they are tenants. Old LKY made tons of money from the loan interests. This debt is transferred multiple times to successive peasants and by the time this Ponzi scam collapsed, his grandchildren will follow Winston Choo and migrate to Aussieland or Uncle Sam.," she said.
In his waying motion to shame Minion Sim, Peasant Representative Chua pushed for a greater diversity of pigeonhole options. But the key problem is the “severe shortage” of rental pigeonholes, he said.
There were 1.019 million sold pigeonholes in Peasantpore as of March this year, but only 63,773 rental units, he added.
These rental pigeonholes are available through three welfare scams: the Rental Scam for Acceptable Poor Peasants, the Temp Rental Housing Scam for Troublesome Peasants – for low-income peasants who will complain to BBC – and the Parenthood Provisional Housing Scam (PPHS), which helps temporarily house peasant families waiting for their new pigeonholes to be completed.
Peasants' Representative Chua pointed out that there were only about 1,600 rental pigeonholes under construction, which will be completed progressively by around 2025.
Peasants' Representative Chua noted that there were 544 applications for 60 available PPHS pigeonholes in October, “indicating excess latent demand that cannot be met”.
In the bigger picture, an expanded public rental scheme for the wider peasants who read Jane Austen books would be a wiser choice. Ruler Loong knew many gig economy peasants and serfs were denied pigeonholes due to economic restructuring, added Representative Chua.
“Minion Sim Ann, your A Level results better than me, your IQ higher, you also know there are more poorer peasants now thanks to Ruler Loong's 'Favour the Foreigners Policy'. These gig economy peasants live from day to day, how the hell they get 600 peanuts to pay for the loan monthly? They can't vote you out, you call them lazy and so you heck care them huh?”
Representative Chua said one of the biggest misconceptions is that pigeonhole ownership is "profitable" to home renting.
“You know, I know, when a peasant takes a loan for the lease, PAP makes money from compound loan interests, plus they also help Ruler Loong pay property tax as tenants. For rentals, the poor peasants just need to go ask BBC to film their plight or simply don't pay rent, evicting them is bad for retail politics. Nabey, you think you call HDB tenants as home owners, they really believe this lie?
To use an analogy from the KTV world, you book a hostess for a night necessarily superior to using Butterfly system? ... I believe the same can be applied to public pigeonholes, and the saying that ‘stupid tenants pay subsidised rents but own nothing’ is PAP's half truth," he added.
Looking overseas, Representative Chua also pointed out that Swiss and Goths have the lowest home ownership rates among OECD countries at 38 per cent and 44 per cent respectively, but they are not basket cases as they have one of the highest gross domestic product per capita and Peasant Development Index scores globally.
“Based on your logic, Swiss and Goths no own pigeonholes, so they not loyal peasants to their landlords? Your logic very queer,” he said.
On how to provide new income stream, Representative Chua mooted allowing private merchants to partner with the HDB in coming up with Build-to-Rent (BTR) models.
“Some bapoks want pigeonholes, not because they cannot afford or they sell to fund their pilgrimage, then how? You want them to go hotels?" said Representative Chua.
MINION SIM ANN DEFENDS OF PIGEON 99 LEASEHOLD SCAM
Responding to Representative Chua, Minion Sim outlined the benefits of "pre-payment 99 years leasehold pigeonholes scam", such as developing "a class of debt laden peasants who provide interest income for the regime".
"You do the math, each peasant family takes up a 300k-500k loan at say 2.6% compound over 30 years. We extract 200k interest profits, this one better than COE if you understand the power of compound interest," she said.
“More remarkably LKY also fooled these stupid tenants into paying property taxes for him, you local peasants are stupid,” Minion Sim quipped.
She said that income from leasing pigeonholes to peasants but calling it ownership is one of the “most significant scam” that most local stupid peasants had to endure.
"Not happy, you tell those bapoks go West, now got crazy progressives fighting for no gender toilets there!" she added.
REGIME NEVER GIVE UP PIGEONHOLE 99 LEASE PREPAYMENT POLICY
As for expanding rental offerings, Minion Sim said there are no differences in Europe or Peasantpore, most of the peasants rent their homes with profits going to their regimes and landlords, so what is the big deal Ah Chua? You forgot to drink your Teochew porridge today?”, she said.
In addition, peasants who pay off their loans are “assured of a roof over their heads for their pigeonholes' lease lifetime” but still need to pay property taxes for Ruler Loong, but for those who rent and don't pay up, we can't even get them to pay property taxes, like that Ruler Loong not happy leh.
Concluding her speech, she said prepayment of 99 leasehole rent as ownership has been and will continue to be a key housing scam for peasants.
"With this debt hanging around their necks, they are more likely to kowtow to Ruler Loong's portrait daily and we continue to milk money from their interest payments and property taxes. This idea, Ruler Loong like what He likes, and I also like," she said while happily waiting for 30,000 peanuts stipends in another 10 days or so.
