Why govt scared to crash property market ?

[Imboredtodeath]

https://forums.hardwarezone.com.sg/threads/why-govt-scared-to-crash-property-market.7100060/

what stupid qn is this.

as everyone mentioned, this is tied to their votes. homeowners make up probably 80-90+%, the other 10% or more only translates to 10% of their votes.

old, pioneer gen kpkb want cheap flats for their children but also want their flats to be a million or billion dollars

and the more ex it is the more goes into their coffers to lose in investments and no need to take up responsibility

[Imboredtodeath]

actually singapore is also a damn unique society in that there's totally 0 unrest.

even the one that almost became a riot was the little india one and it was by bangalas and indians

this phenomenon is studied by govts and those sociologists blah blah worldwide... as tho sinkies are brainwashed

actually the reason is not only because of education but ingrained in sinkies that PAP and govt is good. and they see unrests around the world and the older folks, higher elites or teachers all will teach the kids the same shit

so the kids become adults and do the same shit

i cant say it's actually bad. except for many times the abuse of authority, just like hwz....... on a micro level the people like us who are banned are damn tulan and there is a clear abuse of authority etc

but on the macro level u see shanmugam do those shit and lhl and hwz do all those shit, how many rly dares to stand up and speak up. hence on the macro level these policies work. like the POFMA and all those shit

[BuiBuiForeverAlone]

 It's in the interests of the 61% and govt to drive housing prices higher and higher, to sell the narrative that hdb is an appreciating asset just like BTC.

[BuiBuiForeverAlone]

actually singapore is also a damn unique society in that there's totally 0 unrest.

even the one that almost became a riot was the little india one and it was by bangalas and indians

this phenomenon is studied by govts and those sociologists blah blah worldwide... as tho sinkies are brainwashed

actually the reason is not only because of education but ingrained in sinkies that PAP and govt is good. and they see unrests around the world and the older folks, higher elites or teachers all will teach the kids the same shit

so the kids become adults and do the same shit

i cant say it's actually bad. except for many times the abuse of authority, just like hwz....... on a micro level the people like us who are banned are damn tulan and there is a clear abuse of authority etc

but on the macro level u see shanmugam do those shit and lhl and hwz do all those shit, how many rly dares to stand up and speak up. hence on the macro level these policies work. like the POFMA and all those shit

Sinkapore is the human version of a behavioral sink. The low tfr proves that behavioral sink is occurring due to the high population density of SG. Ex. More and more bbfas

[Arctic]

To continue to let daft sinkies have the illusion that they are rich loh
"Wah I own a $mil hdb leh. Look at me, I'm so rich, smart and have the foresight"