Time may be right to tweak property curbs: CDL chief

[touzi]

On one hand they complain family size is small while the other to fit a dream family of 4 will cost like S$1M home.

How did you get the $1M figure. The last I checked, HDB apartments do not cost that much except for a few exceptional transactions.

the next election may see sweeping changes on the political scene as they can be deem unfit to rule by the people.

Yes, to me that is a very possible scenario. I am sure gahmen is also aware of that. The question we should ask ourselves is why are they doing things that will obviously make them lose votes? A responsible government does not look at issues in isolation and does not just look at its present impact. This is not easy for a little red dot of a country. We can argue against their policy (the ministers have admitted that they do not a monopoly on wisdom and do not have all the answers), but to paint them (as some netizens are doing) as a group out to screw Singaporeans with every opportunity is simply incredulous.

[kichialo]

On one hand they complain family size is small while the other to fit a dream family of 4 will cost like S$1M home.

How did you get the $1M figure. The last I checked, HDB apartments do not cost that much except for a few exceptional transactions.

the next election may see sweeping changes on the political scene as they can be deem unfit to rule by the people.

Yes, to me that is a very possible scenario. I am sure gahmen is also aware of that. The question we should ask ourselves is why are they doing things that will obviously make them lose votes? A responsible government does not look at issues in isolation and does not just look at its present impact. This is not easy for a little red dot of a country. We can argue against their policy (the ministers have admitted that they do not a monopoly on wisdom and do not have all the answers), but to paint them (as some netizens are doing) as a group out to screw Singaporeans with every opportunity is simply incredulous.

They are doing things out of self interest.

[cfa]

On one hand they complain family size is small while the other to fit a dream family of 4 will cost like S$1M home.

How did you get the $1M figure. The last I checked, HDB apartments do not cost that much except for a few exceptional transactions.

the next election may see sweeping changes on the political scene as they can be deem unfit to rule by the people.

Yes, to me that is a very possible scenario. I am sure gahmen is also aware of that. The question we should ask ourselves is why are they doing things that will obviously make them lose votes? A responsible government does not look at issues in isolation and does not just look at its present impact. This is not easy for a little red dot of a country. We can argue against their policy (the ministers have admitted that they do not a monopoly on wisdom and do not have all the answers), but to paint them (as some netizens are doing) as a group out to screw Singaporeans with every opportunity is simply incredulous.

They are doing things out of self interest.

They are humans too.

[corydorus]

Maybe your Dream is just HDB. Dream is a target and then estimate where are we. Is not that we will reach. Not today. Is just to give us a good idea how far we are from our Dreams. People will exchange to have smaller family size to achieve their dream.

[countonme]

I got this feeling the CDL chief made sense, but it for the rich people up there. It's pro- business to have prices keep going north. Corporate vision is planned according to this and little or No contingency is made for a melt-down scenario. I think gov will be wise to press on the curbs. Otherwise a full bubble will be formed if the curbs r removed, when everyone plunge into the believe that property price can never fall. In any case, I believe the high prices r also a result of foreigners putting money in sg. And much of those money r not creating jobs, and is not sustainable in longer time frame.[/code]

[Tiggerbee]

I got this feeling the CDL chief made sense, but it for the rich people up there. It's pro- business to have prices keep going north. Corporate vision is planned according to this and little or No contingency is made for a melt-down scenario. I think gov will be wise to press on the curbs. Otherwise a full bubble will be formed if the curbs r removed, when everyone plunge into the believe that property price can never fall. In any case, I believe the high prices r also a result of foreigners putting money in sg. And much of those money r not creating jobs, and is not sustainable in longer time frame.[/code]

If there is an asset bubble because the curbs are relaxed, who will stand to gain over the longer term? Think and you will know why Kwek made such a suggestion. The new players will learn through the hard way.

[cfa]

He tried to influence The Gov , Will Gov succumb to his pressure ?

[egghead]

Maybe your Dream is just HDB. Dream is a target and then estimate where are we. Is not that we will reach. Not today. Is just to give us a good idea how far we are from our Dreams. People will exchange to have smaller family size to achieve their dream.

You're right - our dreams are all different. I dream of living in a GCB so how?

[kbl]

Maybe your Dream is just HDB. Dream is a target and then estimate where are we. Is not that we will reach. Not today. Is just to give us a good idea how far we are from our Dreams. People will exchange to have smaller family size to achieve their dream.

You're right - our dreams are all different. I dream of living in a GCB so how?

Good morning Egghead san.

maybe u can buy $1 quick pick toto this friday plus next month 1pc big sweep and hope u r only winner

<not a call to gamble>

[opmi]

He tried to influence The Gov , Will Gov succumb to his pressure ?

No. Not after Aljunied. My take only.

Anti-FTs is global trend.
http://www.bloomberg.com/news/2014-02-09...3-srf.html