For about US$100k one can get a freehold landed property with 3 bedrooms and a garage. For a little more it comes with 2 garages in Atlanta. This is being advertised here by Reapfield Property Consultants. For the same amount of money what can we get here? A Mercedes or BMW would cost more than that.
I presume that these houses are for the average American families. They looked very good though not at good as our top end bungalows here but easily beat our terrace or average semi Ds. Good, decent and cheap housing is the basic to a good life anywhere. And the price being offered to own these properties must be well within the reach of the average Americans. These are great places to bring up children and raise a family. The quality of life cannot be worst off than the average 3 rm or 4 rm flats that the average Singaporeans are cooped in. And for that, the Singaporeans are paying double or more for the little space for 99 years.
And as we keep increasing the population given the limited land that we have, the prices of owning the right to live in smaller spaces will keep escalating. On the other hand the salary cannot keep on going up without driving our workers out of the market. The real international market forces for labour will definitely hit our workers badly.
Is there anything with the kind of housing and prices that the people are paying? The only reason we keep hearing is that we are different, we have no land. But we have a big plan to bring in more and more people to this ‘no land’ island. And the people will have to suffer the consequences of this wild and reckless agenda.
Qatar is the richest country in the world on GDP per capita. It has a population of 1.7m. But they are different, they have oil oozing out from the ground to give them the wealth. Luxemburg is the second richest and has a population of 500k. We are third and with 5m people and not enough and must increase some more. Would we use Luxemburg as a model for comparison, a tiny country with one tenth our population and doing better than us?
No matter how creative and innovative the planners are in squeezing more people into tiny shoeboxes and claiming that the quality of life is not affected, it is not what the people will agree. Sure, give the genious a free hand and they will tell you this island can be comfortable for 20m people or more. I also agree.
What are the cost and the consequences? I believe every average Singaporean would like a bigger space for living, like those in Atlanta and a car to drive around for leisure and convenience and not having to spend a life time paying for them. If we continue with this relentless drive for more people in this rock, we would end up worst than Hongkong with smaller and smaller space for everyone, and forget about car ownership. Are these the quality of life that we are working so hard for and looking for in the future or a future for our children?