I look at state of life in sg, the overalls

[Arctic]

But mas keep blowing trumpet inflation rate has come down

Most assume they are rich cos if hdb for $1mil, pte property can sell for much more. And sgd being so strong, they become even more confident of the future

Go overseas travel like royalty like that

[BuiBuiForeverAlone]

I think its damn depressing tbh

Yah, buy million dollar resale to sell at a small profit only to buy another million dollar resale. Dafties think they rich bu selling million dollar resale. When everyone is "rich", everyone is not.

[Imboredtodeath]

Yah, buy million dollar resale to sell at a small profit only to buy another million dollar resale. Dafties think they rich bu selling million dollar resale. When everyone is "rich", everyone is not.

when everyone is rich, thats becomes normalcy liao. those that didnt manage to hop on that train gets left behind

[Arctic]

Yah, buy million dollar resale to sell at a small profit only to buy another million dollar resale. Dafties think they rich bu selling million dollar resale. When everyone is "rich", everyone is not.

Ppl dun care. They see $1mil they happy liao, they dun care about the  whys and hows

[BuiBuiForeverAlone]

Ppl dun care. They see $1mil they happy liao, they dun care about the  whys and hows

Sell a flat still need to buy another flat/upgrade to condo. End up need to spend that 1 million anyways. This mainly benefits the PRs who are returning to their motherland as they can cash out the 1 million.

[stillgottheblues]

All the stop gap measures hahah

No long term solutions. The higher ups just want to make a quick buck and relax meanwhile peasants thot they can do the same with their $1mil hdb and investments, not knowing they are still trapped in sg

Charge from aliens to subsidised the locals. So unsustainable, must be scholars from the US.

[Imboredtodeath]

Ya u see ah. U bought at say 500k+, sell at 1m+, buy another 1 at 1m+

If u got 2 kids u mean if they get married can live together in ur $m flat?

U can at most pass to 1 of them. So the other still has to buy.

More likely both will buy their own and prop up the ponzi scheme will lease decay will kick in and ur million dollar flat loses value

Merry go round ponzi scheme. Nxt time maybe make your only child pay mpre for existing flat also

[jim889]

Sell a flat still need to buy another flat/upgrade to condo. End up need to spend that 1 million anyways. This mainly benefits the PRs who are returning to their motherland as they can cash out the 1 million.

can withdraw cpf too
 

[jim889]

Ya u see ah. U bought at say 500k+, sell at 1m+, buy another 1 at 1m+

If u got 2 kids u mean if they get married can live together in ur $m flat?

U can at most pass to 1 of them. So the other still has to buy.

More likely both will buy their own and prop up the ponzi scheme will lease decay will kick in and ur million dollar flat loses value

Merry go round ponzi scheme. Nxt time maybe make your only child pay mpre for existing flat also

the 1 million not for chiu la.. if chiu died chiur children will sell it divide by 2.
the 2 children will married and buyed their own hause why stayed with parent.

chiur lease hold property value will be zero when lease is up. this is a fact.
cheng hoo call it a bala curve

what went wrong is cheng hoo decided to change this into "asset enhancement scheme" with some one come out and say chiur hdb will never drop in value which shot up the price..

According to bala curve, the above statement  is obviously incorrect.. chiur hdb value will always drop till value is 0 when lease is up.