12/09/2008
The landlord's logic
When everyone is increasing the rental or the sale price of the properties, I must also increase lah. But your propertiesre built 30 years ago and your cost of maintenance did not go up so much, why are you doubling or tripling your rental and price?
It is business lah. Business means make profit, as much as the other party can pay. And don't forget, my own pay and bonuses must go up to keep up with my higher standard of living.
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9 comments:
The biggest threat to the cohesiveness of a society is to allow individuals freedom to make money from their property, or the property they've been "loaned" by the government.
The government must seie all land and land titles immediately and put a stop to this nonsense on making money -- i.e. a personal profit -- in the market.
Everyone lives in some sort of physical property -- we all have to exist somewhere. Since this property falls within the geographical territory of a nation-state, the state is actually the true owner of all land property. This is what is known as sovereignty.
The State has the right, and it must use that right to seize all land property from private hands and private individual control. By doing so, the State immediately eliminates the problem of people profiting from the needs of others.
The state can then implement its policies of how to house the sheeple. It is quite simple -- just build boxes and allot the sheeple their specific boxes. By computerising everything, the state can maintain a close watch on its "inventory" of citizens, and this is a great improvement in central planning, social engineering, and as a bonus consistent what Singapore is to become: A Totally Planned Utopia.
in hk, properties are sold on 30 and 60 years leases. in japan, mortgages can go beyond one generation. affordability can be mitigated with creative principles that are non existent here yet.
wow, this is a dangerous idea, but a good one. hdb flats can now be sold for $1m if father, son and grandson can chip in to pay in 60 years. it will still be affordable.
it is not a dangerous idea, but one that is existing and thriving in places like phuket etc for example. unless one belongs to the rare non property owning minority, the shorter lease roll out shud be an asset booster initially. think abt it, a person gets married at 30, buys a flat and lives in it till 80 maybe. and the flat is used for only 50 years, which means either he doesnt need a 99 years lease or the mortgage could be grandfathered to his lineage.
There is only one agency who should be in-charge of allotting land and that is the government.
The state has the claim of EMINENT DOMAIN on all real estate in its territory.
Thus, the state should appoint a central board of experts to decide how the land of the state should be used. Since this is a fixed resource, no individual control must ever be allowed.
People should not be given the choice to live where they want. Since everyone is employed by the state, in jobs chosen by the state, it would be wise for the state to billet the population according to the proximity of their employment.
State-production is what sustains the society and therefore is supremely important. The state will want to transport the workers efficiently to their places of work, so that the workers can deliver maximum productivity, which in turn strengthens the state, and the welfare of the citizens.
The Singapore govt must do whatever it takes to seize all property from the ownership or control of citizens. The idea that many people are profiteering from the sale of their state-subsidized property is outrageous. These people are stealing from the state,and therefore stealing from everyone. Justice must be swift to deal with this type of anti-social behaviour.
china has opened up, i think we shud.
ya america is going to learn from china. and what matilah is describing is closed to china, the new economic model for the world.
Pssst. china learnt from us. we are the best.
not in the news is that we have been learning from china all along. the talents are really all there and it is naive to think we can hold a candle to them.
ya, maybe the virtues of a single party comes from china too.
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