The real reasons why $8 Khaw say 50 years too long...

[Confuseous]

Long-term mortgages means Singaporeans are less likely to have children.

Scheme mostly appeals to speculators with the current low interest rates.

More...

- http://www.sgpolcom.com/2012/08/06/khaw-boon-wan-and-the-economics-of-50-years-mortgages/

 

[po2wq]

Long-term mortgages means Singaporeans are less likely to have children ...

on ze contrary ...

me say ... loong term mortgages wil force sinkies 2 haf mor children! ...

u borrow so much, who is going 2 repay 4 u? ... u muz haf kids so dat dey can pay 4 u ... "papa det son return - sky just ground taoism" ... if not, gahmen wun let u go! ... if u cant pay, gahmen can ask ur children 2 continue paying ur dets 4 u ... n if dey cant, their children ...

ah loon's gahmen shud, in fact, stretch loong term mortgages 2 10,000 yrs ... low-stok sinkies muz continue paying generations after generations ...

lidat, ze emperor evryday oso got moni from his low-stok sinkie peasants evryday of his 10,000 yrs ...