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beaverjuice

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http://www.channelnewsasia.com/news/singapore/too-early-to-unwind/2685476.html

Lawrence ah Lawrence .... you know how difficult life is for property agents or not? ???  :-\
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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beaverjuice

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Too early to unwind property cooling measures: Lawrence Wong
« Reply #1 on: April 12, 2016, 03:59:37 pm »
http://business.asiaone.com/property/news/too-early-unwind-property-cooling-measures-lawrence-wong

the real reason why government says it is too early to unwind property cooling measures - this is so that more singaporeans can get on the bus to become HDB millionaires !  8)

Singaporeans are really living in lucky country!  Here is proof ! :)
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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chiasmus

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20-year occupancy, shorter leases for Fresh Start Housing Scheme homes
« Reply #2 on: April 12, 2016, 05:01:24 pm »
the real reason why government says it is too early to unwind property cooling measures - this is so that more singaporeans can get on the bus to become HDB millionaires !  8)

Singaporeans are really living in lucky country!  Here is proof ! :)
http://www.todayonline.com/singapore/details-released-fresh-start-housing-scheme-helps-families-rental-flats

I think the real reason why they are doing that is to keep prices low so that peasants who have screwed up twice owned HDB twice can still afford a roof over their heads via the Fresh Start Housing Scheme. 

*edit*
I nearly misread the part on the 20 year MOP!  Wow!  That is a really harsh clause...
« Last Edit: April 12, 2016, 05:05:20 pm by chiasmus »
洪荒之力 >> ding ding dong dong pew pew pew pew

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beaverjuice

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Re: “Too early” to unwind property cooling measures: Lawrence Wong
« Reply #3 on: April 12, 2016, 06:34:43 pm »
20 yrs is for redeeming the first scew-up mah
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."


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chiasmus

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Re: “Too early” to unwind property cooling measures: Lawrence Wong
« Reply #4 on: April 12, 2016, 09:52:44 pm »
20 yrs is for redeeming the first scew-up mah
This scheme is for those who have bought and sold their HDBs twice so technically speaking, the 20 years is to force them stay till they die.  Although Lawrence claims it is to let them stay till the owner's children become adults which isn't wrong too.
洪荒之力 >> ding ding dong dong pew pew pew pew

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