We are in the month of May and how time flies. It is pretty much close to half the year of 2014.
A few things got me thinking the past few days. Are we truly happy in this place or is there more to life than slogging your life away for nothing?
While most of my peers at my age now will be talking about how they are balloting for a BTO and getting married at so-and-so hotel. I guess I am bucking the trend to it.
Actually, the girl and I have talked and considered buying a flat. We talked, we calculated, we hew and haw and we realised that we are being priced out of the housing market in our own country. I am talking about living a life, not being saddled with a 30 year loan.
Singaporeans are still living in the illusionary bliss and progressively screwing the next generation for their selfishness. I am talking about the Asset Enhancement Program. The half-baked idea of a Ponzi scheme. What do you want to enhance if you only got one flat? The ruling party baited you with this bullshit half-baked idea and everyone just eat it hook, line, sinker.
I don’t understand how older Singaporeans can bitch about how their kids will not afford housing at their price of affordability 20 years ago. You need not look far, you just need to look into a mirror to find out who is responsible for it. In your pursuit of the good life, you all decided that the future generation can go shaft it in their asses while you enjoy your life of luxury.
And when younger Singaporean decided that it is not the kind of life we wanted, we are label; lazy, no drive, no motivation and so on. It is not that we’re lazy or that we have no drive. It is that we realised we are getting screwed by the system with the help of our parents and their generation. We are no longer interested in keeping a failure system like CPF alive.
And we are not lazy or not motivated. Your technology is developed by young 20-30s. Exactly those people you label lazy and unmotivated.
Pretty happy and not too worried about it. MND will be rolling out new schemes to unlock the value of your highly appreciated flats soon. Stay tuned.
Also, first time HDB buyer enjoy considerable discounts! So take that loan and go for it. You’ll thank me for this advice when your home appreciates (which in Singapore is almost a guarantee).
Your last sentence was repeated by everyone during a bubble. Strange, that’s what American say in 2007-2008.
The fact is, if housing is so affordable, why do we need 25 years loan to pay off?
I”m the real Simpleboy here. As far back as I can recall, I started off in a house with zinc roof. No tap water and having the raw earth for floor. No cement, tiles, marbles, granites etc. Eventually, we built our own house. This time with cement floor, but still zinc roofing and wooden walls. Still no tap water. Then we moved into an SIT apartment. Wow that was real upgrading although it was only rented. Early sixties we moved into our first HDB 4 roomer. This time we were proud owners. And ya there was water and electricity. That was early 60’s. Over the next few years, we upgraded a few times and I finally managed to own a semi-d.
As I was moving up, I fully realised — no one owes me a living. I paid for my house through years of blood sweat and tears. I never own a new car in my life..
The gist of what I’m saying is this — u want a house? Damn it man, it’s a big ticket item. You just sacrifice and dig in and do all you can. Who do you expect to make it easy for you? You need to work 3 jobs? You’re damn right — that was what I did. I’m 70 now, and I’m still working instead of grumbling and trolling.
Hi.
There is no real or fake simple boy. It’s how you view your life that matters. Your ancestors could use their life of how they brave the weather to come down here and put you at your place.
Erm, maybe I didn’t write too well but I don’t remember writing that we wanted an easy life. I wrote that some of the younger generation is rejecting this system not because we are out for a lazy, easy life. We reject this because we see what this is. A life of inequality.
Instead of telling people that you’re 70 and still working, which I applaud you. Perhaps you could spend sometime understanding why do people grumble about housing price and retirement instead of writing off them as lazy, ungrateful bunch of people?
And since you said you’re 70, mind telling me how you feel when you go to the coffee shop seeing your peers with health condition clearing the tables?
Perhaps you could shed some light on the mindset of your generation?
Btw, another snippet of info: did you know the CPF minimum sum is increasing every year BEYOND the rate of inflation? What is the justification for that?!
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