TR EMERITUS

HDB flats tre's cherry pick: How many graduates were there in 1970? 1%? Or 20%? The majority of the people in 1970 are not graduates. The typical average affordability ratio is much less than what TRE depicts in this example. This example is an outlier. Instead of looking at the typical, at the average, at the most common, TRE... 

"Very few governments are actively engaged in profit maximization of land sales." I would argue that the effective tax in Singapore is much higher. The Sg Government is very smart in making sure that the “standard tax”, i.e. taxes that are found in most other countries, i.e. income tax and GST, are kept low. But we have... 

These foreigners (EIU) obviously know nothing about Singapore. We can still have our meals here for SGD 2.50. Is this possible elsewhere? In Paris, the minimum for a meal is EUR 15. Don’t forget our median income is SGD 4,300 per month while in Paris it is only EUR 2,200 per month. Yes, cars are expensive here but we don’t...