Blimey, the govt is still talking about affordable housing
Tan Chuan Jin ‘said that his ministry tracks “very closely” the incomes of Singaporeans, to make sure that HDB flats are priced and subsidised so they’re affordable at different income levels.’ What is the govt’s definition of affordable housing? Two pay checks and 30 years to pay the mortgage. Right? Affordable...
Height Of Stupidity
When Minister of State Tan Chuan-Jin started off his Facebook mathematical treatise of financing a $100k asset purchase on a $1,000 per month income with "Tears were shed by some, who lamented about the ability to buy flats for their parents in the future," he was obviously taking a jibe at Gerald Giam, who teared when contemplating...
Taken for a fictitious ride
We are at the usual cross roads again of do we have to tax the wealthy more or everyone else. According to media reports, Singapore Deputy Prime Minister Tharman Shanmugaratnam says that injection of $1.1 billion into acquiring, operating and maintaining 550 buses as part of public transport is necessary because, as it is, the...
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