1/30/2013
How has Boon Wan fared in solving the housing problem?
After the last GE the PAP took cognition of the housing problem and removed Mah Bow Tan, went in search of a minister that could rectify the problem he had created. Oops, my apologies to Mah Bow Tan, it was never a problem. Only some people saw it as a problem and the govt agreed to do something about it.
Boon Wan was brave enough to volunteer for the job. He was confident enough to take on this daunting task of a huge problem that was really not a problem depending on who you are. Of course he knew, and everyone knew it was a full blown problem and cannot be resolved overnight after so many years of neglect and mismanagement. I would presume, may be wrong, that Boon Wan would want to solve the supply and demand problem to ensure that all Sinkies can afford to buy a HDB flat and that the prices of flats would remain at least stable. And I think if anyone would to want to measure the performance of Boon Wan, these should be the two factors to look at.
Boon Wan started aggressively to ramp up the building or more flats, many more flats. Unfortunately this is not looking good enough as the number of Sinkies wanting to buy HDB flats are still forming a long waiting list and the new flats will take several years to come on line. And also many Sinkies that were unfortunate enough to fall victims to his predecessor’s policies are still unable to buy direct from HDB. They are still cursing at the govt for sure.
The other big problem of course is the price of HDB flats, the resale flats and private properties. Have the prices been stable, or have they shot through the roof, even at greater speed than under Mah Bow Tan’s time and to greater height?
Has Boon Wan solved the housing problem? Or has he revisited the history of HDB and asked why there was no such problem before and the people were happy and grateful for their HDB flats but now the big shit all over the place? Has Boon Wan achieved what he set out to do? Shall he be given a red card or a medal?
Would he do the necessary and do a major change by building public flats for all Sinkies instead of new citizens? Many true blue Sinkies have served NS, fathers, brothers and themselves but not eligible to buy HDB flats because of all the stupid rules and regulations. How could the govt do these to the true and original citizens while making things so good to new citizens at their expense? Pro Sinkies or pro new citizens who are really foreigners?
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18 comments:
So many True Blue citizens have been deprived from buying HDB flats. Redbean rightly said. And they served NS some more. It is really a shame. If I am elected as opposition MP, I will propose that each citizen be entitled to buy one 5 rm HDB in a mature estate once they have served NS, regardless of whether married or not, and regardless sexuality preference. It should not be in a new outlying ulu area like Punggol or Sengkang. Why should local stay in outlying ulu area and new citizens stay in core estate like Alexandra, Tanglin or Queenstown ?
All those buying HDB flats now are mostly foreigners. And they didn't serve NS. It is so unfair. Wer should vote these Pro Alien people out.
How has Boon Wan fared? You still dare to ask ?
The govt is not listening to us.
They should have asked us and we will tell them that 3 or 4 million people is maximum our small country can tolerate. Now it is already 5+ million. They keep on saying ageing population. How do you know the population is ageing and how can predict sinkies will not produce more babies to make up ?? If sinkies suddenly produce more, then isn't it over populate ?
Even if sinky don't produce, the govt should always ask us citizens who are the masters, and we will vote them out. At least we should have a referendum and ask all those local borns here how mauch population we want, and then we negotiate from there.
In 1969 after completion of our active service, then Minister of interior & Defence Dr Goh Keng Swee had us Nsmen given priorty to be allocated a hdb flat in any estate that we choose.
This entitlement should be given to any NS man who had completed their NS
Bro, the PAP had been given the mandate by the daft 60% to rule for over five decades.
Need to ask your permission??
>
"How has Boon Wan fared in solving the housing problem?"
There is no "housing problem" in reality, only the one you've made up in your head.
15 Common Cognitive Distortions....again I think the closest one is "Blaming".
Hi rb,
His KPIs are not necessarily the same as yours. Meeting what you have outlined would mean raiding the reserves, famously clarified by his predecessor MBT.
I think he is doing very well by his own KPIs. He is building more flats and selling as fast. All these at higher "subsidized" prices. With 7 cooling measures, MND is racking in BILLIONS for the reserves.
He is doing as good as he has done at MOH, with the lowest % health expenditure to GDP. We got the highest priced public housing in the world. Increasing propert taxes.
I want to pin a medal on him.
faber
But rb
Limpeh say in his books, Singapore's housing problems have been solved a long time ago already.
You must be wrong.
Singaporeans have no housing problems.
PAP is here to serve us.
ROFL.
I agree with both of you. We are in the same bed with different dreams.
Even the wp mps are supporting this lah..
Whenever Uncle Leong SH locks his AIM, the target is toast.
Marlboro has fallen.
Next!
Frankly, Minister Khaw is not too bad a minister and he has really tried his best in his job albeit lots more need to be done.
The only way I can see is government needs to give more incentives to appease the younger generation as can be seen in the recent punggol east by-election results.
Why not take the daring solution - that is - give a free 3 room BTO flat to every single Singapore citizen once they reach the age of 25.
If they do get married, they can return their 3 room BTO flat to HDB in exchange for a four or five room BTO flat at 50% discount or
if they have their first kid, they can return the 3 room BTO to HDB in exchange for a free 4 room BTO
(cap to $400K).
I am very sure this will encourage a lot of young couples to tie the knot and procreate really fast.
This way, no one will complain the government is pro-foreigners and a more compassionate government is the way to go if you want a 7, 8 and even 12 million population
Frankly, Minister Khaw is not too bad a minister and he has really tried his best in his job albeit lots more need to be done.
The only way I can see is government needs to give more incentives to appease the younger generation as can be seen in the recent punggol east by-election results.
Why not take the daring solution - that is - give a free 3 room BTO flat to every single Singapore citizen once they reach the age of 25.
If they do get married, they can return their 3 room BTO flat to HDB in exchange for a four or five room BTO flat at 50% discount or
if they have their first kid, they can return the 3 room BTO to HDB in exchange for a free 4 room BTO
(cap to $400K).
I am very sure this will encourage a lot of young couples to tie the knot and procreate really fast.
This way, no one will complain the government is pro-foreigners and a more compassionate government is the way to go if you want a 7, 8 and even 12 million population
The housing of course is a problem. No house how to procreate ? You want sinky to procreate on the street, in the park?
When the govt saw the housing index creeping up, they should quickly flood the market with lots of flats and bring down the price. Those buying houses for investment are just being greedy, those are the ugly sinky. Property should NEVER be used as an investment in Singapore. When they saw mrt getting crowded, they should quickly order trains en mass to be delivered express. We have lots of money, whats the money for? Might as well use it, right ?
I am not sure if he did better than MBT but one thing for sure is he did very well for his own bank accounts in swiz, lux etc especially from his million dollar pay and all the kick backs from developers.
What are slaves for? Slaves are to help the masters make money.
In Sinkieland, it is even worse. The master makes money out of the slaves by squeezing them dry, like builing expensive but so called 'cheap subsidised public housing' to hollow out their savings. What is even worse is that their balls have also shrank from the squeezing. But the majority of those slaves still continue to ask for more.
The slaves deserves the master they work for.
Don be fooled that Boon Wan can bring down our asset price. Under fractional reserve banking system, greater than 10% drop in real estate threatens to wipe out every single banks in Singapore.
When a inch is lost to asset inflation, it is forever lost. You cannot bring asset price down without hurting elites big time.
There are many tools to use if PAP is really sincere. Tharman can hike interest rate to 6%, that would immediately crash every property.
The best way to curb property price is for SGD to be back by gold. This will effectively remove MAS power in manipulating interest rate and printing new SGD. The interest rate will adjust according to inherently risk.
Its not about Boon Wan. He is nothing special except part of a group of yes men who carries out what his master wants. So you see, there are many voices from various ministries but one control. So lets forget about KBW. He has to go with the flow.
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