Getting real on housing, part 1: 99 year leasehold condominiums
Truth 1: A 99 year leasehold condominium will be returned to the government at the end of 99 years, like a HDB flat. Truth 2: The value of a 99 year leasehold condominium will be zero at the end of 99 years, like a HDB flat. Truth 3: A 99 year leasehold condominium is subject to lease depreciation, just like a HDB flat. Truth...
Caution From The Venezuelan Example
I was looking through the news on the internet and this piece of news troubled me greatly. It is about incidents in Venezuela, which has a centrally planned, socialised healthcare system. It was mentioned that patients who opposed the dictatorial Maduro regime were denied healthcare by government doctors. I think that this is...
Is a huge defence budget at the expense of a healthcare justifiable?
So, Shanmugam posted something on his Facebook page, comparing Finland with us in terms of sustainable healthcare. Apparently he read a Reuters article in which the entire Finland cabinet Ministers resigned because they could not deliver on their healthcare promise. Click to enlarge He used that as an example of why healthcare...
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