What do Singaporeans want?
The average Singaporeans are not too demanding, I believe. I will venture a guess on what an average Singaporean would think is a decent and comfortable life. 1. To be able to raise a family of 4, ie two children, put them through schools, polytechnic or university, without begging for assistance. 2. To live in a 4 or 5 rm flat, and being able to afford it. 3. To own a car, and be able to bring the family around for leisure. This may be a bit difficult given our space constraint and further complicated by the thoughtless ambitious dream of a 6.5m population. 4. For those without cars, decent public transportation that does not cause them an arm or a leg. 5. Basic medical healthcare that will not empty one's life savings. 6. Able to retire by 60 or 65 without having to work till death. I don't think the above expectations are unreasonable for a first world country. But it is evident that some of these basic dreams of the average Singaporeans will be unattainable. Bringing up two children is now impossible to a big number of Singaporeans. I was being generous in my earlier post suggesting that a family income of $3k could put a child to university by setting aside about $1k a mth. In reality, many, even with a household income of $4k cannot afford to save $500 pm. $3k is a bit far fetch. Then to retire at 60 or 65 is going to be very difficult. And buying a 4rm or 5 rm flat is gradually moving out of reach of the average Singaporeans. Medicare, if hospitalised, is going to bankrupt many Singaporeans or at least empty their live savings. It is time the govt rethink their policies on what is good for the average Singaporeans to live their lives and at a cost that is manageable. No need to waste so many millions and billions on gardens and world class resort facilities that the average Singaporeans cannot afford to enjoy.