My positive view of the China government
Many people observed that I have a positive view about the government of China. This is largely true. But, I do not think that the government in China is perfect. There are negative aspects as well, but this probably applies to all governments. I generally do not like to play up the negative aspect of any situation, unless it...
Politics & Tea
If Politics is Tea, PAP is just like those Expensive atas Brand of Tea... Not much substance, made use of propaganda as marketing, raise their price as in salary unjustifiably for such unworthy quality, bland in taste and mostly mediocre at best. They only know to price themselves high without knowing their lack value within. But...
Keeping BTO flats affordable
To keep a BTO flat (new public housing flat) “affordable”, the government takes the resale price of public housing flats in its vicinity as a benchmark, and then apply a subsidy. In so doing, BTO prices are pegged to “fair market price”, albeit at a discount. However, in addition to market forces, property prices in...
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