Money Mind

General Category => The Common Lounge => Topic started by: Imboredtodeath on Aug 01, 2024, 01:08 PM

Title: PAP has not improved our lives over last 5, 10 yrs
Post by: Imboredtodeath on Aug 01, 2024, 01:08 PM
Incomes nv rise but price of housing rise.

Tbh if u earn say 60k or even 100k now

Its no different from my father's time. In fact its worse.

House and cars price grow multi fold. Everything also multifold but salary not in tandem yet they add more taxes

Money all give jhk jhb and other PRs and foreigners

Knnbccb
Title: Re: PAP has not improved our lives over last 5, 10 yrs
Post by: Imboredtodeath on Aug 01, 2024, 01:23 PM
Last time my uncle paid 9k+ for brand new hdb. Dont even need to wait even. I tell my cousin he kp me say last time salary only 300+ in 70s. I think he talk cock also but lets say he is right. I think its closer to 500 instead

9k+ also only 3 yrs worth of pay

Say u make 50k now which is probably even more than avg, but now bto at same area is 500k+

Its 10x vs 3x of annual pay.

Govt can say they pro family and good to sinkies?
Title: Re: PAP has not improved our lives over last 5, 10 yrs
Post by: Risa on Aug 01, 2024, 01:42 PM
downhill since 2004
Title: Re: PAP has not improved our lives over last 5, 10 yrs
Post by: Imboredtodeath on Aug 01, 2024, 03:09 PM
Quote from: default on Aug 01, 2024, 01:23 PMLast time my uncle paid 9k+ for brand new hdb. Dont even need to wait even. I tell my cousin he kp me say last time salary only 300+ in 70s. I think he talk cock also but lets say he is right. I think its closer to 500 instead

9k+ also only 3 yrs worth of pay

Say u make 50k now which is probably even more than avg, but now bto at same area is 500k+

Its 10x vs 3x of annual pay.

Govt can say they pro family and good to sinkies?

and last time 1 income can feed many kids

now dual income barely feed 1 or 2 kids
Title: Re: PAP has not improved our lives over last 5, 10 yrs
Post by: Arctic on Aug 01, 2024, 03:59 PM
What's the starting pay of a uni grad these days? And what's the average price of a 4rm bto hdb?

LW always say salary in tandem with hdb price
Title: Re: PAP has not improved our lives over last 5, 10 yrs
Post by: BuiBuiForeverAlone on Aug 01, 2024, 04:59 PM
Quote from: default on Aug 01, 2024, 01:08 PMIncomes nv rise but price of housing rise.

Tbh if u earn say 60k or even 100k now

Its no different from my father's time. In fact its worse.

House and cars price grow multi fold. Everything also multifold but salary not in tandem yet they add more taxes

Money all give jhk jhb and other PRs and foreigners

Knnbccb

Remember when investing in stocks wasn't necessary to combat inflation? Well, things have changed. Nowadays, if you don't invest, your savings will lose value over time due to a decrease in purchasing power. :frown:
Title: Re: PAP has not improved our lives over last 5, 10 yrs
Post by: Arctic on Aug 01, 2024, 05:24 PM
Quote from: Banned User on Aug 01, 2024, 04:59 PMRemember when investing in stocks wasn't necessary to combat inflation? Well, things have changed. Nowadays, if you don't invest, your savings will lose value over time due to a decrease in purchasing power. :frown:

Last time cpf is for retirement, can depend on it 100%. Now change tune say dun depend on cpf, it's only a supplement
Title: Re: PAP has not improved our lives over last 5, 10 yrs
Post by: Risa on Aug 02, 2024, 04:58 PM
70% of the ppl dont give a f
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