lesson from hongkong

The lesson from Hongkong Many have pointed to Hongkong as an example to what our lives will be with 6.5 million people. One thing for sure, our HDB flats are likely to shrink further. They have started to shrink in anticipation of the great and vibrant future of more talented people. Singaporeans looking forward to the great life in the future should imagine themselves cooping inside much smaller HDB flats. Oops, I mean the heartlanders. Those who have the dole can always enjoy the liberty of free space in their landed properties, with gardens and swimming pools. Definitely space is not a problem to them.


Matilah_Singapura said...

You can't get away from Natural Law. When population and prosperity increases in a fixed area of land, the unit cost of land will rise.

You left out one aspect of (my favourite territory) prosperous Hong Kong — so many of its tough and successful citizens own property overseas.

So what if a 800 sq ft flat costs $1mill? If the place is prosperous, chances are you will be wealthy too, which means you can buy land in another country. HK'ers are big players in mainland China's real estate market, as well as markets all over the world – Singapore, Canada, USA, UK, Australia... etc etc.

What is the alternative? Socialism and welfarism — where the govt controls the market.

Fact is, no one can control the market for a long time. any attempts to do so in the short-term introduce "bad consequences" in the long-term

redbean said...

when singaporeans have to be cooped in a 800 sq ft flat, i can find no reason to call it a better quality of life. when a 800 sq ft flat costs $1 mil, i mean hdb, i don't think it is a good thing except for those who want to opt out and quit this hotel.

Anonymous said...

chances you u will be wealthy too?

you must be kidding

Matilah_Singapura said...

You are confusing being wealthy with being rich—i.e. having a lot of money.

For e.g. a developed, wealthy country has good roads, nice parks, nice architecture, clean water, dependable electricity supplies, waste disposal and deep sewage, health care services etc. Even the poorest people in the society have a share in enjoying these things.

Contrast that with someone living in a place like Rwanda. Even if you had money, your quality of life would be shit.

Also, in a prosperous country, opportunities for wealth creation abound.

Anonymous said...

Hi would you mind sharing which blog platform you're using? I'm planning to start my own blog
in the near future but I'm having a tough time choosing between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design seems different then most blogs and I'm
looking for something completely unique. P.
S My apologies for being off-topic but I had to ask!
Here is my blog post ; fastest tips To get Your ex back

Anonymous said...

I am curious to find out what blog platform you're using? I'm experiencing some small security problems
with my latest blog and I'd like to find something more safe. Do you have any solutions?
My web site - http://slashsteve.ca/elgg/blog/view/428472/a-method-to-obtain-your-ex-lover-back

Anonymous said...

Gгeаt website. Plеnty οf useful infοrmаtiοn here.

I am sending it to some friends ans alsο
sharing in delіcious. And сertaіnly, thanks on уour effort!
My web site: http://www.tinnitus411.com/clear-tinnitus/

Anonymous said...

I would like to thank you for the effortѕ уou've put in penning this site. I really hope to see the same high-grade content from you in the future as well. In fact, your creative writing abilities has motivated me to get my own, personal website now ;) More hints

Anonymous said...

I am truly keen of reading posts on the topic of building up
new web site, or even concerning Search engine marketing.

Take a look at my blog: website

Anonymous said...

The bowflex treadclimber is really a lot cheaper in comparison to other form of gym devices.

Feel free to visit my web blog - website

Anonymous said...

Foг mοst up-to-ԁate nеwѕ you haѵe tο pay a vіѕit
web and on internеt I found thіs site as а moѕt excellеnt sіte for most recent updatеs.
Look At This
Also see my page - Look At This

Anonymous said...

I am really impresseԁ ωith your writing ѕkіlls as well aѕ ωith thе
layout оn yоur blog. Is this a paіԁ thеme oг did уou сustomіzе it уourself?

Eithеr way keep up thе nice qualіty writіng, it іs rare to see a nice blog like this one these ԁaуs.
More hints

Anonymous said...

Pretty seсtion of сontent. I just stumbled upоn your
blog аnd in accession cаpital to assert that I acquire in fact еnjoyed accоunt your blog posts.
Any way Ӏ will be subscribing to your augment and
evеn Ӏ achieѵеment you access consiѕtently quickly.
click through the following web site

Anonymous said...

Hello! Would you mіnd if Ι sharе your blοg with my twitteг grоup?

There's a lot of people that I think would really enjoy your content. Please let me know. Cheers http://kenesty.com/

Anonymous said...

You really make it seеm so еаsy with уour presentation but
Ι find this matteг to be actuallу
something which I think I would never undеrstаnd.

It seems too сomρliсated аnd very
broad foг me. I am looking forward fоr yοur next post, I will try to get the hang of it!
click the next web site

Anonymous said...

Hеу there ωould yοu mind letting me know which web host
you're utilizing? I've loaded your blog in 3 dіfferеnt browѕers
and I must say thiѕ blog loads a lot quicker then most.
Can you recommend a good hostіng providег at a reаsonаble price?

Many thanκs, I aρpreciate it! click here