Money Mind

General Category => The Common Lounge => Topic started by: default on Jan 22, 2025, 06:28 PM

Title: LW: If you speak to your parents… ppl who bought flats in 70s & 80s, had to fork
Post by: default on Jan 22, 2025, 06:28 PM
What is he smoking ah? I want to buy
Title: Re: LW: If you speak to your parents… ppl who bought flats in 70s & 80s, had to fork
Post by: Arctic on Jan 22, 2025, 07:16 PM
You can't win their math and logic wan lah

$1k salary can buy hdb rmb?
Small family so smaller hdb over the yrs
HDB making a loss yearly
HDB is affordable cos salary increase in tandem with hdb price increase
No interference in resale price, leave to mkt forces
$1mil hdb is minority, rare Pokemon
Title: Re: LW: If you speak to your parents… ppl who bought flats in 70s & 80s, had to fork
Post by: default on Jan 22, 2025, 07:46 PM
Quote from: Arctic on Jan 22, 2025, 07:16 PMYou can't win their math and logic wan lah

$1k salary can buy hdb rmb?
Small family so smaller hdb over the yrs
HDB making a loss yearly
HDB is affordable cos salary increase in tandem with hdb price increase
No interference in resale price, leave to mkt forces
$1mil hdb is minority, rare Pokemon

Yes he is right. My uncle bought first hand for 9500. Not sure last time got 20% downpayment or not.

But i believe no need to pay a lot upfront also. But going by his logic coz last time little to no cpf so they got to come out with cold hard cash

Which is still lanjiao shit this LW is spewing
Title: Re: LW: If you speak to your parents… ppl who bought flats in 70s & 80s, had to fork
Post by: default on Jan 22, 2025, 08:33 PM
can report him to drug council or not
Title: Re: LW: If you speak to your parents… ppl who bought flats in 70s & 80s, had to fork
Post by: BuiBuiForeverAlone on Jan 22, 2025, 09:00 PM
Rast time purchasing power is big, even though salary was much lower. A dollar also gets you more stuff. Now purchasing power is like shit, need a million dollars to buy a resale hdb flat.
Powered by SMFPacks Ads Manager Mod