<![CDATA[The fourth generation (housing, future, etc ...)]]>[quote]First generation (from China), my grandparents, salary not too clear, public housing few thousand.


Second generation, my parents, salary few hundred to thousand, public housing less than 20 thousand.

Third generation, myself, then salary in thousands, then public housing in lower few hundred thousand.

Now, still Third generation, salary still in thousands, public housing in mid/upper few hundred thousand.

Future, fourth generation, our DS / DD, starting salary probably still in few thousand, but public housing maybe beyond 1 million.

Future, where?[/quote]http://www.kiasuparents.com/kiasu/forum/viewtopic.php?p=401363#401363

]]>https://forum.kiasuparents.com/topic/20920/the-fourth-generation-housing-future-etcRSS for NodeSat, 18 Apr 2026 13:34:11 GMTMon, 04 Apr 2011 16:09:33 GMT60<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Wed, 04 May 2011 07:03:04 GMT]]>Any comment in the middle of election?

]]>https://forum.kiasuparents.com/post/412745https://forum.kiasuparents.com/post/412745Wed, 04 May 2011 07:03:04 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Tue, 26 Apr 2011 15:18:15 GMT]]>弟子规 is still being taught in NYPS. they have to memorise it, understand it, got song some more, got test also…my DS scored very well … lol

]]>https://forum.kiasuparents.com/post/408001https://forum.kiasuparents.com/post/408001Tue, 26 Apr 2011 15:18:15 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Tue, 26 Apr 2011 15:09:59 GMT]]>Interesting http://sas-origin.onstreammedia.com/origin/gallupinc/GallupSpaces/Production/Cms/POLL/qcu0auhws0ahyv1hsltxtg.gif

]]>https://forum.kiasuparents.com/post/407995https://forum.kiasuparents.com/post/407995Tue, 26 Apr 2011 15:09:59 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Mon, 18 Apr 2011 09:20:47 GMT]]>

SAHM_TAN:
wonder what are the bad content :? Anything that is not along party line? :lol:


I've not exposed my kids to either of the classics. I think good character, discipline, respect, and other good values can be taught without using them. But when they are older will let them read because think some phrases are good to be used in compo 😄 I know I'm a weird mummy.

I know teachers who have used the di zi gui and see improvement in their students' behaviour. For me to use it, I have to cultivate my own behaviour first :evil: I do not agree strictly to everything written in the 2 classics.
Well, they talk about everything, from animals to grains, celestial bodies etc. So of course, some things are outdated. But thats the later portions. The earlier part, cultivation of good character and habits, is timeless. Some things are interesting like the nine generations, it refers to the 4 generations above you, and the 4 generations below you. So when we watch period drama series, the emperor ordering the execution of the nine generations, it means everyone from great grandfather to great grandson! I never knew that :shock:

]]>https://forum.kiasuparents.com/post/402557https://forum.kiasuparents.com/post/402557Mon, 18 Apr 2011 09:20:47 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Mon, 18 Apr 2011 06:14:29 GMT]]>wonder what are the bad content :? Anything that is not along party line? :lol:


I've not exposed my kids to either of the classics. I think good character, discipline, respect, and other good values can be taught without using them. But when they are older will let them read because think some phrases are good to be used in compo 😄 I know I'm a weird mummy.

I know teachers who have used the di zi gui and see improvement in their students' behaviour. For me to use it, I have to cultivate my own behaviour first :evil: I do not agree strictly to everything written in the 2 classics.

]]>https://forum.kiasuparents.com/post/402303https://forum.kiasuparents.com/post/402303Mon, 18 Apr 2011 06:14:29 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Mon, 18 Apr 2011 03:22:52 GMT]]>Some news on China teaching/restricting the teaching of SanZiJing


http://mychinaviews.com/2010/12/in-shandong-the-provincial-education-authority-has-prohibited-stu-dents-from-memorizing-the-full-text-of-the-three-character-classic/

For me, I am teaching my kid SanZiJing as i like the concepts being advocated, i.e. cultivating good character is foremost. I am pleasantly surprised that our malaysian neighbours have such a strong tradition of teaching the classics. I find it admirable, now if only they can get rid of the accent in the dvds... :lol:

As for china, I wouldn't exactly say there is a moral vacuum. Not every chinese national is avaricious and amoral, just that it is present. Ironically, i find the mainland chinese less so in their mainland than when they are here. I often wondered about this... Same in Russia, for those of us more familiar with western books, Russia has such a wealth of classical literature. Yet you see the very worst of capitalism being present there... Can it be due to the destruction and prohibition of the teachings?

]]>https://forum.kiasuparents.com/post/402140https://forum.kiasuparents.com/post/402140Mon, 18 Apr 2011 03:22:52 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Sun, 17 Apr 2011 10:19:37 GMT]]>San zi jing, Di zi gui, etc are considered very outdated and not relevant to modern times any more. These classic literature books are written in a very old form of Chinese which is no longer use. So parents in China do not think it is necessary to teach their kids, though I think there may be some exceptions.

]]>https://forum.kiasuparents.com/post/401795https://forum.kiasuparents.com/post/401795Sun, 17 Apr 2011 10:19:37 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Sun, 17 Apr 2011 08:38:27 GMT]]>Yup, China pple do not know what is di zi gui. Those who wish to learn or teach it to the kids in China, learn from experts of other countries like M’sia

]]>https://forum.kiasuparents.com/post/401753https://forum.kiasuparents.com/post/401753Sun, 17 Apr 2011 08:38:27 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Sun, 17 Apr 2011 02:01:46 GMT]]>My uncle, 60+ years old, has a 40 year old wife from mainland China and a 3 year old son. He is planning to sell his private apartment which costs SGD$1 million+, and bring his family to live in Hainan island, his wife's home town. They can live like kings there, and he does not need to work any more.


I know another Singaporean man who also has a China wife, and 2 kids. He is going to sell his flat and go to China with his wife and children.

I think there may be more people like them in Singapore.

In any case, buying a second property in Singapore is definitely a good investment in the long run. My old aunties are happily earning thousands of dollars of rental money every month, and they don't have to lift a finger to work. It is not about pampering our kids by buying an apartment for them. It is about pampering ourselves when we are old 😉

]]>https://forum.kiasuparents.com/post/401566https://forum.kiasuparents.com/post/401566Sun, 17 Apr 2011 02:01:46 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Sun, 17 Apr 2011 01:45:01 GMT]]>

Pen88n:
tamarind:

[quote=\"starlight1968sg\"]
Perhaps we can learn from them - only the good points!
But I seriously think that this is not the right way to have a flat for their kids. OTOH, the monthly rental generated is quite attractive; passive income hor! :x

To those people, it does not matter whether it is the right way or not, it is the money that is important. Anyway, they are not hurting anyone except themselves. In fact, I think it is very common in China to do whatever it takes to earn lots of money.

I question the moral part of this type of earning money - just for the sake of $$, go to the extent of legally divorce? It's like having $$ and 六亲不认......what type of moral values impacted to the younger generations? Sometimes I really wonder - we have all these moral stories and 弟子规 etc. what happen to these Chinese nationals who has been thru' these teachings and yet view $$ above all others?? I'm not saying all of them are like this, but the money mentality is certainly much more prevalent in most of them.[/quote]I doubt that Chinese nationals underwent these 'moral teachings' after the Cultural Revolution.[quote]In the modern era Confucian movements, such as New Confucianism, still exist but during the Cultural Revolution, Confucianism was frequently attacked by leading figures in the Communist Party of China. This was partially a continuation of the condemnations of Confucianism by intellectuals and activists in the early 20th Century as a cause of the ethnocentric close-mindedness and refusal of the Qing Dynasty to modernize that led to the tragedies that befell China in the 19th Century.
Source: http://en.wikipedia.org/wiki/Confucius[/quote]The generations after the first communists now have a moral value vaccum as a result from that shift.
[quote]The New Culture Movement

The Chinese Communist Party ultimately began with the intellectual ferment of the May Fourth Movement, or the New Culture Movement, which began in 1911. While political theorists and activists, such as Sun Yat-sen, were aggressively pursuing political and economic modernization while, for the most part, retaining their roots in Confucianism, the May Fourth movement had as its specific goal the complete elimination of traditional Confucian culture and its replacement with a culture more closely resembling Western culture and beliefs. The humiliation of Yüan Shih-kai and his brand of Confucianism had completely discredited Confucianism, and the intellectual revolutionaries between 1917 and 1923 spearheaded a movement to adopt Western science, culture, and democratic principles. At the same time they championed new literature written in vernacular Chinese over the Chinese classics. This five year period, called by some \"The Chinese Renaissance,\" may perhaps have been the most intellectually revolutionary period since the time of Confucius.

The political effect of the New Culture Movement was to politicize and radicalize Chinese, particularly Chinese students. The New Culture thinkers published their theories of government, education, culture, economics, and Western science prolifically in books and journals. Never before in Chinese history had political and social issues been discussed so openly and so publicly. Soon Chinese students were publishing their own journals and attacking all the traditions of China: Confucianism, hsiao (filial piety), the Chinese classics, and Neo-Confucian science. In the journals of the New Culture Movement and their student followers, no part of Chinese culture was free from ridicule or criticism, but they spared their most vitriolic attacks for traditional Chinese views of government. This eagerness and intellectual volatlity sparked a massive uprising: the May Fourth Movement.
Source: http://www.wsu.edu:8001/~dee/MODCHINA/COMM.HTM [/quote]For all that we think Chinese nationals as being easily assimilated to Singaporean culture because we share the same 'ancestry', the mindset of a person growing up in China can be fundamentally different.
[quote]Chinese Communism in a Changing World

Marxism is above all a materialist ideology. Communism, socialism and Marxism have managed to stay alive in China as ideas and philosophies even though their ideologies and principals in many ways contradict the reality that exists in China today and changes that have brought prosperity and a better life to many ordinary Chinese.

Communist Party ideology is essentially pragmatic. One foreign diplomat told the Washington Post: “The trouble now is that the principles of the party are farther and farther from the everyday reality” An editor at a party publishing house said: “Ideas about socialism and communism have become very shaky” and many believe they are “no longer appropriate for China.”

A 25-year-old teacher told Reuters “We were taught Marxism and Leninism in school. But when I became independent and went to college, I saw professors take bribes and I felt the old slogans like ‘serve the people’ were no longer relevant.

Marxism is hardly discussed any more even among Communist intellectuals. John Pomfret of the Washington Post wrote: “Communism as an ideology is dead. It has been replaced by hedonism...Nationalism may appeal to a few hot-headed students but it can’t compare to a night on the town with a hot hostess in a Karaoke bar...China’s energy is focused on production and consumption—not self-reflection. This country is all id and no superego. It citizens hunger for sex, food, money, goods and cheap thrills.”

Comparing China in the 2000s to China in the past one historian with a lot of experience in China told the New York Times, “There’s much greater awareness of the need to be open to the outside world generally, and much greater relaxation within China, and much greater willingness to listen to professional as opposed to ideological reasons.”

Further reading: http://factsanddetails.com/china.php?itemid=310&catid=8&subcatid=49[/quote]

]]>https://forum.kiasuparents.com/post/401557https://forum.kiasuparents.com/post/401557Sun, 17 Apr 2011 01:45:01 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Sat, 16 Apr 2011 13:16:01 GMT]]>http://postimage.org/image/1938kol2c/


Unfortunately cannot find newer than this or older than 1990.

The up and down are quite close.

]]>https://forum.kiasuparents.com/post/401372https://forum.kiasuparents.com/post/401372Sat, 16 Apr 2011 13:16:01 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Sat, 16 Apr 2011 12:50:23 GMT]]>

JonC:
http://www.singaporerealestate.info/property%20price%20index%201960%20to%202010.htm

Thanks for that, its an awesome chart.

My take on our property prices... I don't think we will see anything like what happened in the U.S. My impression is that the U.S. culture is very accustomed to credit, ie if their paycheck comes late, it causes problems for the mortgage payment, credit cards etc.

Locals (older generation, not so sure of the young ones) tend to have better cash reserves and are not so extended. I know plenty of people who bought right at the peak in 1996/97, while not enjoying much capital gains for a long time, were able to hang on to their property all this time. Basically, we have a better margin of safety in the first place. Foreign buyers, by nature, have better access to fund mobility and may cash out. Hence introducing a factor of volatility into the mix.

To summarise, i think HDB prices will do fine although the private housing market will have greater volatility. Can't expect to have a similar US style crash... If anything, expect a japan style long drawn out decline... Asians have great staying power and can tolerate lots of crap (dunno whether its a good thing or bad thing though)

]]>https://forum.kiasuparents.com/post/401363https://forum.kiasuparents.com/post/401363Sat, 16 Apr 2011 12:50:23 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Fri, 15 Apr 2011 18:10:34 GMT]]>http://www.singaporerealestate.info/property%20price%20index%201960%20to%202010.htm

]]>https://forum.kiasuparents.com/post/401128https://forum.kiasuparents.com/post/401128Fri, 15 Apr 2011 18:10:34 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Wed, 13 Apr 2011 10:45:17 GMT]]>

Laughing:
Our situation will be like China soon, i.e. parent will need to support (pay money) for their children to buy apartment... Sigh... Just saw that piece of news on TV lately... It is the same in Hong Kong too..

I believe some SG parents are also doing this already....
So we need 2 generations to afford an apartment now... next time how?

]]>https://forum.kiasuparents.com/post/399240https://forum.kiasuparents.com/post/399240Wed, 13 Apr 2011 10:45:17 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Wed, 13 Apr 2011 10:40:34 GMT]]>Our situation will be like China soon, i.e. parent will need to support (pay money) for their children to buy apartment… Sigh… Just saw that piece of news on TV lately… It is the same in Hong Kong too…

]]>https://forum.kiasuparents.com/post/399237https://forum.kiasuparents.com/post/399237Wed, 13 Apr 2011 10:40:34 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Tue, 12 Apr 2011 13:53:41 GMT]]>

JonC:
wow... you very rich hah?

not rich but we can always look at the flip side of things

opportunities exist in every crisis

]]>https://forum.kiasuparents.com/post/398493https://forum.kiasuparents.com/post/398493Tue, 12 Apr 2011 13:53:41 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Tue, 12 Apr 2011 12:40:38 GMT]]>wow… you very rich hah?

]]>https://forum.kiasuparents.com/post/398460https://forum.kiasuparents.com/post/398460Tue, 12 Apr 2011 12:40:38 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Tue, 12 Apr 2011 10:50:20 GMT]]>

JonC:
If what happened in US happens here, Wow ...

then can go in and buy up property cheap cheap

]]>https://forum.kiasuparents.com/post/398424https://forum.kiasuparents.com/post/398424Tue, 12 Apr 2011 10:50:20 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Tue, 12 Apr 2011 10:42:02 GMT]]>If what happened in US happens here, Wow …

]]>https://forum.kiasuparents.com/post/398422https://forum.kiasuparents.com/post/398422Tue, 12 Apr 2011 10:42:02 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Tue, 12 Apr 2011 07:17:19 GMT]]>

tamarind:
Of course, we can continue to let the kids live with us even after they get married. But I want my own peace and freedom lah ! So I want to chase them out 😉

Chase them out next door. :lol:

DH and I have talked about it. As much as possible the kids will have to finance themselves once they start working. We do have sums of money set aside and may help them with part of the initial payment to get them going but not to the extent of buying them each their own flat or apartment.

Well the other possibility is to get a place in JB and commute to work. That is already happening now.

Or for all we know what happened to the property market in the States may happen here in Singapore as well and you will have prime pieces of properties going at dirt cheap prices.

]]>https://forum.kiasuparents.com/post/398240https://forum.kiasuparents.com/post/398240Tue, 12 Apr 2011 07:17:19 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Tue, 12 Apr 2011 06:41:56 GMT]]>i understand the first post. i know the housing price has been moving faster than salary. it means for the next generation:


they have to get a smaller house and/or at more remote location.

someone with higher income will occupy larger, better house. he either fight his way to be that someone or he has to live with the reality. things are changing. i foresee average housing size here will move towards hk and japan. young people may view micky mouse units better than large units.

]]>https://forum.kiasuparents.com/post/398209https://forum.kiasuparents.com/post/398209Tue, 12 Apr 2011 06:41:56 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Tue, 12 Apr 2011 06:41:13 GMT]]>

tamarind:
30plus:

actually, are these really good to a child even you can afford? :roll: i do not intend to buy him anything like a house or leave him a house after i die. that is their life. they have to learn how to balance their income and expense.


Actually I share the same view as you.

But it is highly possible that flats will become so expensive that a young adult will not be able to afford to buy a flat on his own, no matter how hard he works. So it is not a matter of the child NOT willing to work hard.

Of course, we can continue to let the kids live with us even after they get married. But I want my own peace and freedom lah ! So I want to chase them out 😉

What makes you think your kids will remain in Singapore by then? The world is their oyster, and they may need more exposure out there.

Actually, as a parent of this age, we already have a lot to plan - plan for their upbringing, education, our career, our retirement, etc. Aren't we being a little paranoid to want to plan their future housing for them? I don't see my parents' generation having to plan so much for us, and we get by on our own. As parents, we provide them the means to fish. If we have some leftover fish for them, well and good. If not, they should have the ability to fish for themselves, wherever they are.

]]>https://forum.kiasuparents.com/post/398208https://forum.kiasuparents.com/post/398208Tue, 12 Apr 2011 06:41:13 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Tue, 12 Apr 2011 06:29:13 GMT]]>

30plus:
actually, are these really good to a child even you can afford? :roll: i do not intend to buy him anything like a house or leave him a house after i die. that is their life. they have to learn how to balance their income and expense.

Actually I share the same view as you.

But it is highly possible that flats will become so expensive that a young adult will not be able to afford to buy a flat on his own, no matter how hard he works. So it is not a matter of the child NOT willing to work hard.

Of course, we can continue to let the kids live with us even after they get married. But I want my own peace and freedom lah ! So I want to chase them out 😉

]]>https://forum.kiasuparents.com/post/398187https://forum.kiasuparents.com/post/398187Tue, 12 Apr 2011 06:29:13 GMT<![CDATA[Reply to The fourth generation (housing, future, etc ...) on Tue, 12 Apr 2011 06:27:53 GMT]]>hmm…


Seems like you didn’t understand the first post of this thread.

Pay goes up like peanuts over the year but houses goes up exponentially, it is good for them to fight it out on their own, but they will be enslaved by the bank and government for the rest of their life.

]]>https://forum.kiasuparents.com/post/398185https://forum.kiasuparents.com/post/398185Tue, 12 Apr 2011 06:27:53 GMT