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LW: If you speak to your parents… ppl who bought flats in 70s & 80s, had to fork

Started by default, Jan 22, 2025, 06:28 PM

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Only money is real

Arctic

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
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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
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Banned User

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.
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