Serious PM Lee's 20-Year Legacy As PM: Sinkies Median Income Up From $2100 To $5200, Gini Inequality Index Reduced From 0.42 To 0.37. Majulah PAP!

[ftan42]

PM, pls stay another 20 yrs for the pay to rise twice again from $5K to $10K

 

[Boliao]

2004 Pinnacle 5-room resale $439K, 2024 Pinnacle 5-room resale $1.5m.

30 years loan, 2004 monthly mortgage was $1,827; 2024, your mortgage will be $6,203. Which means in 2004, you can buy a home at the Pinnacle but you cannot afford to do so in 2024. Of course, if you're a out-of-touch minister who makes x-million dollars a year. This is a problem.

 

[k1976]

2004 Pinnacle 5-room resale $439K, 2024 Pinnacle 5-room resale $1.5m.

30 years loan, 2004 monthly mortgage was $1,827; 2024, your mortgage will be $6,203. Which means in 2004, you can buy a home at the Pinnacle but you cannot afford to do so in 2024. Of course, if you're a out-of-touch minister who makes x-million dollars a year. This is a problem.

That is why good result delivery mah

Can u imagine u buy a BTO at 500k and resale only for 300k in 20yrs??

It is happening in Nippon now

 

[k1976]

PM, pls stay another 20 yrs for the pay to rise twice again from $5K to $10K

10k for Toilet Manager?

 

[Scrooball (clone)]

Income rose, but he didn’t say how much housing cost rose even higher! Last time can buy flat for $$100,000. Now you will find flats selling for $800,000 and more!

This cheebye talking cock!

 

[laksaboy]

10k for Toilet Manager?

Doesn't matter 10k or 100k. Still lose to inflation and overall cost of living. It only means the purchasing power of your Sinkie dollars is declining.