The real cause of high HDB prices
Lucky Tan in his article in Diary of a Singaporean Mind pointed to the land price as the heart of the housing issue. There are some truths to that. But the real cost of high housing price is simply the cost of 2 plates of char kway teow. Don’t be deceived by the simplicity of the char kway teow argument. In fact, the high cost of living in this island is caused by the 2 additional plates of char kway teow. How many more plates of char kway teow are needed to pay for the President, the ministers and the whole cohort of politicians? They add up my friends. And to justify the grotesques income of the politicians, they have to make it seems palatable and reasonable by inflating the whole civil service salaries. And these are justified by the high salaries of GLCs which are further justified by the top earners in the private sectors. Suddenly the 2 plates of char kway teow are not enough. Down the line many many mouths need more than 2 plates of char kway teow. The bottom line is that many thousands of millions of char kway teow are needed now. And where to find such money to pay for all the char kway teow? Char Kway teow don’t come free too. Who is paying for the char kway teow? And for every 2 plates of char kway teow added to one key appointment holders, millions of additional char kway teow are needed. Please, no more 2 plates of char kway teow only.