Will my kids be able to afford housing?

[eatshitndie]

for sinkie kids, housing via hdb will be reasonably affordable compared to kids in hk, tw, jp, sk, cn, canada, arsetralia, u.s., uk. sinkie kids should consider themselves lucky and count their blessings. in sillycon valley, a kid making us$169k per year will not be able to buy a home.....today. median home price is us$1.1m. at least us$500k cash as downpayment is required to be on the shortlist of any bids, and more than 69% of homes are sold with over us$1m cash down.

 

[Hangover]

He better go find Christina Ong or her daughter.

OBS got his first pot of gold after marrying Christina and getting founding father's sister-in-law to help him secure that plot of land for Four Seasons.

I am nothing, so even if my kids know the founding father's great grand-daughter also no use.

 

[Hangover]

Keep on voting for the Pappy and we will soon see 2 generations mortgage-your kids take the mortgage and your grand child will have to take over midway after your kids retire.
Already seen some already where sinkies got retrenched and luckily kids already working and can pay for the HL instalments.

In recent years, they are selling us smaller HDB for the same price.
The next likely move will likely see HDB offerring more HDB on 60-years lease.

 

[Hangover]

50yrs is nothing. Some of my office colleagues way above 60yrs of age. One of them already 74 yrs old! Gonna work till she drop dead.

I believe she is doing this for her kids.

Otherwise, her PRC or Pinoy lover will benefit from her estate after she drops dead.

 

[Hangover]

look at the property stretch along Tanjong Rhu... whoa... Hokkien call it Bee Tang!

Indian NRI enclaves. You can see many happy families bathing in the pools during sat and sunday evenings.

 

[Hangover]

Have you ever buy fruits from the fruit sellers?....you ask, are the "mangoes" sweet?...they will tell you, these "mangoes" from the slope in India where rain falls are good...they are sweet. When you ask your friend working in the banks?? you think they are truthful?...ask, is your loan recovery department work OT also?

It's true brother. My friends are not property agents. They are the loan department operation staff and bank RM.

Private home prices up 0.7% in Q3
http://www.channelnewsasia.com/news...-7-in-q3-first-rise-in-nearly-4-years-9348944

 

[Hangover]

At the rate buildings are build faster than a plant grow into a tree there will be many empty units to live in for free. Just help pay the services fees.

Of course, if you are refering to buying properties for rental income, the yield is almost zero.

Gross rental yield is 2-2.5%
Deduct for monthly maintenance fees, property tax, some wear & tear.

Yes, we are just helping the MSCT to pay the fees.

 

[Hangover]

why dont you guys just answer him/her serious and not sarcastically?

It's in good jest.

I was told many here are millionaires.

 

[glockman]

I have encouraged my kids, as well as all the youngsters and overseas uni studying kids of friends and relatives to think seriously about not settling down in sinkieland. To consider settle up homes eventually in the country they are studying in. There is nothing for them in sinkieland. Being a singaporean isn't what it used to be, thus giving it up is not a big deal.

 

[Hangover]

Not only is it going to be damn hard for your kids to afford housing in future, it's going to be damn hard for your kids to be gainfully employed too. You should have got a vasectomy which is so much cheaper.

I read about the obsoletion of jobs in Industrie 4.0.
So my kids should hire some robots to make money for them.

 

[Hangover]

My kids can certainly afford public housing. I stay in a nice landed and own public housing at the same time. Subsidized HDB flat is every sinkie's birthright. Don't let the oppies take that away from you.

How many kids do you have? Why don't buy another 1-2 landed for them, given your regular stream of income as a vendor for grassloots.

 

[Hangover]

I have encouraged my kids, as well as all the youngsters and overseas uni studying kids of friends and relatives to think seriously about not settling down in sinkieland. To consider settle up homes eventually in the country they are studying in. There is nothing for them in sinkieland. Being a singaporean isn't what it used to be, thus giving it up is not a big deal.

I am fine with they leave Singapore. It need not be US, Aust or NZ, eg. if Johor cedes from Malaysia and welcomes citizenship application, I will apply.

In Perth, I know countless stories of sg-born teenagers visiting JB to meet their sg grandparents.

 

[glockman]

I am fine with they leave Singapore. It need not be US, Aust or NZ, eg. if Johor cedes from Malaysia and welcomes citizenship application, I will apply.

In Perth, I know countless stories of sg-born teenagers visiting JB to meet their sg grandparents.

Here's a thought. Johor should merge with sinkieland instead. Imagine the possibilities and the opportunities.

 

[Hangover]

Here's a thought. Johor should merge with sinkieland instead. Imagine the possibilities and the opportunities.

Muslims will be the majority and we will have reserve EP for Chinese.
Cool!

 

[iluvgst]

At the rate buildings are build faster than a plant grow into a tree there will be many empty units to live in for free. Just help pay the services fees.

With Depopulation kick in already expect turn residential buildings into vertical farming.

definitely no depopulation... it's 10million in the making... u think these developers are stupid? they have insider info

 

[glockman]

Muslims will be the majority and we will have reserve EP for Chinese.
Cool!

No lah, chinese/indians/others still majority.

Johor total pop : 3.6m (2.4m muslims, 1.2 non-muslims)
Sinkie total pop : 5.6m (0.7m muslims, 4.9 non-muslims)

Hence we will having a larger pool of blue collar workers due to the increase in muslim population. Land prices will drop, more land for housing and factories, larger area for sinkies to spread out, go hunt wildboars, crystal clear waters to go fishing and diving, etc. Johor king can take Pinky as his bitch,

 

[Hangover]

No lah, chinese/indians/others still majority.

Johor total pop : 3.6m (2.4m muslims, 1.2 non-muslims)
Sinkie total pop : 5.6m (0.7m muslims, 4.9 non-muslims)

Hence we will having a larger pool of blue collar workers due to the increase in muslim population. Land prices will drop, more land for housing and factories, larger area for sinkies to spread out, go hunt wildboars, crystal clear waters to go fishing and diving, etc. Johor king can take Pinky as his bitch,

We can get Johor to secede and join the Federation of Temasek by offering to convert all Ringgit to Singapore at the attractive offer of RM1 = S$1.

Johor Sultan wun resist this offer.

 

[glockman]

We can get Johor to secede and join the Federation of Temasek by offering to convert all Ringgit to Singapore at the attractive offer of RM1 = S$1.

Johor Sultan wun resist this offer.

RM1 to SGD1 is reasonable. Considering we will get all that new land, and PInky will get arse fucked by our esteemed Sultan on a daily basis.

 

[Hangover]

50yrs is nothing. Some of my office colleagues way above 60yrs of age. One of them already 74 yrs old! Gonna work till she drop dead.

Singaporeans Ready to Work Longer as 70 Becomes the New 60
https://www.bloomberg.com/news/arti...y-to-work-for-longer-as-70-becomes-the-new-60

 

[Leckmichamarsch]

NO WAY............renoune n return later as pR n new shitizen.........