View Full Version : The power of CPF contribution.
The power of CPF contribution:
http://jkfund.blogspot.sg/2014/08/moment-of-truth-cpf-having-good.html?m=1
Don't know can give my example.
There is little power left when you retire if you don't buy property otherwise they don't need 8 control measure to stop people from buying property.
It gives people a chance to own property. Even for those that do not buy any there is still money at the end of the day.
I think the high growth of property price is over due to alot of youngsters that dislike property price increase.
Property is a consumer goods in some country. You need to pay maintenance and the house depreciate with time due to wear and tear.
Singapore property price is the only few that appreciate with time.
LKY have make it this way so that he can distribute the country wealth to those who don't know how to invest.
Along the way some how it slow down and cause lot of unhappiness in the 2011 election.
The elector have awaken and no more willing to accept threat from them.
Singapore's property price growth is because of increasing population where the new residents are affluent / rich and hence property price can increase...........
If you don't have growing affluent population, then property price will no grow.
Given the very strict tightening of foreigners coming to Singapore to work, and as long as the hard-hitting property cooling measures are in place, Singapore property prices will not go up, but rather, continue to drop until next recession...........
If you really want to buy now, make sure you have a lot of fire power come next recession because interest rate will initially shoot through the roof, could hit 10% p.a. just like in the 198x. Nothing is impossible, you are fore-warned!
Property is a consumer goods in some country. You need to pay maintenance and the house depreciate with time due to wear and tear.
Singapore property price is the only few that appreciate with time.
LKY have make it this way so that he can distribute the country wealth to those who don't know how to invest.
Along the way some how it slow down and cause lot of unhappiness in the 2011 election.
The elector have awaken and no more willing to accept threat from them.
Do yourself a favor Teddy.
Go subscribe to a service that helps you find out who are the purchasers in recent sales.
After a few years of stagnancy, people's incomes have increased, according to Minister Khaw about 30%. Give a couple of years more and we would already "reach" the low 2009 levels, which suggests that this is a low benchmark to have set to begin with.
The only way to seriously derail the demand would be a SARS level situation.
Singapore's property price growth is because of increasing population where the new residents are affluent / rich and hence property price can increase...........
If you don't have growing affluent population, then property price will no grow.
Given the very strict tightening of foreigners coming to Singapore to work, and as long as the hard-hitting property cooling measures are in place, Singapore property prices will not go up, but rather, continue to drop until next recession...........
If you really want to buy now, make sure you have a lot of fire power come next recession because interest rate will initially shoot through the roof, could hit 10% p.a. just like in the 198x. Nothing is impossible, you are fore-warned!
Do yourself a favor Teddy.
Go subscribe to a service that helps you find out who are the purchasers in recent sales.
After a few years of stagnancy, people's incomes have increased, according to Minister Khaw about 30%. Give a couple of years more and we would already "reach" the low 2009 levels, which suggests that this is a low benchmark to have set to begin with.
The only way to seriously derail the demand would be a SARS level situation.
Master Kelonguni , some Masters just dun write sensibly and responsibly. They either mislead or create fear to other people.
Sith lords they are.
Master Tan , why they end up like that. Could it be the followings:
- Resentful because MTB like me,
- No sense of belonging ,
- Very rich just talk down the market so they can buy more,
- Foreigners,
- Jealousy and depression or sadist,
- etc etc
Masters please advise
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