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    Property Views

    Scheduled Pinned Locked Moved Money Matters
    2.6k Posts 153 Posters 534.7k Views 1 Watching
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    • V
      verykiasu2010
      last edited by

      your reasoning is irrational.


      there is no difference between :

      (1) someone bought HDB, sold it, moved to private, now want to buy HDB to downgrade and live in it and rent out the private for rental income for sustenance

      and

      (2) and existing HDB owner, accumulate enough cash, buy a private for investment income

      In EFFECT : both are living in HDB and getting rental income from private property

      There is no difference.

      HDB owners are also rich - rich enough to own investment properties

      So why penalise the private property owner who wish to downgrade to live in HDB flat ?

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      • D
        dunnoleh
        last edited by

        Agape:
        ...The policy shift from cost based to market value based method selling of new HDB flats ...
        some years back, someone forgot HDB's initial role.

        It remained like that until recently, when someone suddenly remembers it again.
        by then, the nett worth of thousands of Singaporeans have increased considerably,
        so have expectations.

        I share your concern for our next generation, but dunno what to do. :?

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        • D
          Daddy D
          last edited by

          dunnoleh:
          I share your concern for our next generation, but dunno what to do. :?

          Our next generation can only \"inherit\" our hdb flat... priceless...

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          • W
            wiimum
            last edited by

            I chance upon this chinese talk at the Whampoa CC : details below: anyone interested?


            《新降温措施如何影响房地产市场?》

            到底是产业还是“惨业”?
            该卖还是该买?
            房地产近期,中期及长期的趋势如何?

            由黄埔民众俱乐部及黄埔华语讲演会联办的公开讲座
            由三位资深房地产专业顾问团 (陈慧双 ,许志刚,黄追胜 )为您解答。

            日期:23 September 2010
            时间:19:00 - 21:30
            地点:Whampoa Community Centre 黄埔民众联络所-迷你剧场 300 Whampoa Drive Singapore 327737
            门票:公众:$10/ Passion Card会员: $8/ Toastmaster讲演会会员:$5
            门票有限,及早订票,以免向隅,售完为止。
            订票:请传短讯(SMS)至 9459 9488 :《姓名》-《票数》
            已订票者必须在讲座当天7.15pm 之前抵达会场付费入场。
            否则,您的位子将会转让给当场出席购票的来宾。

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            • D
              Daddy D
              last edited by

              wiimum:
              I chance upon this chinese talk at the Whampoa CC : details below: anyone interested?

              I wonder what they are trying to achieve from this talk... the 3 speakers are property agents? Duh...

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              • V
                verykiasu2010
                last edited by

                Daddy 😧
                wiimum:

                I chance upon this chinese talk at the Whampoa CC : details below: anyone interested?


                I wonder what they are trying to achieve from this talk... the 3 speakers are property agents? Duh...

                probably telling you how to exploit any other loopholes to play the property market ..... lol

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                • T
                  toddles
                  last edited by

                  Daddy 😧
                  wiimum:

                  I chance upon this chinese talk at the Whampoa CC : details below: anyone interested?


                  I wonder what they are trying to achieve from this talk... the 3 speakers are property agents? Duh...

                  they should send some MND HDB ppl there to police it hahahaha! then can get more ideas for the next tightening.

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                  • T
                    tree nymph
                    last edited by

                    verykiasu2010:


                    ya

                    if they allow existing HDB owner to buy private proprty, they should also alow existing private property owner to buy HDB to live in it and rent out the private one

                    if they require private property owner to sell the private one after buying HDB, they should also require the same of the existing HDB owner to sell HDB once they buy the private property

                    please be fair to both side, either way

                    why victimise and target the private property owner ?

                    if you want to prevent dual-property ownership, why one a one-sided rule for 5 years ? please treat all your citizens EQUALLY !

                    the pledge says \"...based on justice and equality .....\" else where is progress, happiness ?
                    I agree with you.

                    If govt allows the existing HDB owners buying private property, then they should allow existing private property owners to buy HDB, of course, these people should stay in the HDB flat and rent out their private property.

                    They should not discriminate these two groups of people.

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                    • 3
                      3Boys
                      last edited by

                      What is EQUAL may not necessarily be fair, and what is FAIR may not necessarily be equal.


                      Equalising taxation across all tax brackets ($2800 per man, woman and child, regardless of income status) may be extremely EQUAL, but would be far from being FAIR.

                      Opening a ballot to allcomers for popular schools, regardless of place of residence, so that those that live in poorer neighbourhoods are not disadvantaged, may be EQUAL, but probably is not FAIR.

                      So we have a policy that is aimed at giving first time flat owner a FAIR shake at getting a resale flat without killing themselves financially, but ends up being UNEQUAL in that access is restricted to certain groups.

                      It is the same across the board on MANY policies, like personal income taxation, access to subsidised healthcare, so I really fail to see why there is hue and cry over a really minor policy in housing.

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                      • T
                        toddles
                        last edited by

                        I think the social inequity hue and cry arises from the fact that both


                        a) HDB owner who purchases pte ppty to live in and rents out HDB subsequently

                        b) pte ppty owner who was thus far able to purchase resale HDB, live in it for a while without selling pte ppty, then move back to pte ppty and rent out HDB

                        can be of equal wealth.

                        thus why is a) now allowed but not b)?

                        My short answer is a)'s purchase links to ‘aspirations’ which the govt is wary of tinkering with. whereas b) types are seen as fat cats whom they need not pander to too much.

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