42,000 rental flats

We still have more than 42,000 1-rm and 2-rm rental flats and the demand is increasing. More will be built. And very likely these are Singaporeans and not just local residents. In other words, we have at least these number of families that are still struggling in our midst.

Taxi drivers earning more

Today's paper reported that the taxi drivers are actually getting a 10% increase in income. So those who are complaining of a fall in income could be a minority or not working hard enough. There are many sides to a coin. I believe in the official view. They sure have statistics to prove their point. My fear if taxi fare continues to be up. When taxi fare is high relative to MRT and buses, more commuters will switch or some will switch their means of transport. This will give two reasons for MRT and buses to increase their fares as well. They will likely claim that they need to buy more trains and buses or to upgrade their services due to higher demand. Or they will say their prices are too low compare to the taxi fares. Head or tail, the commuters will have to pay more.

Renewed interest in Redbeanforum

Hi bloggers, I have two forumers who have decided to stay away from YPAP forum and post more in Redbeanforum. I hope you people can also post more there as the format there is easier to follow. Cheers

Who would like to be mean tested?

The thought of being mean tested is enough to put a lot of people off. The poor and desperate would not want to be further malu by letting people check their empty bank accounts to prove how broke they are. It is perhaps the most humiliating experience that we can subject our poor to go through. This is probably the main driving reason why the Dover Park Hospice chose to opt out of the Medifund Scheme. I remember the days of holocaust when the Jews were stripped naked to expose everything and being paraded around for all to see. Stripping a man or a woman is as good as tearing away every little pride or selfworth there is left in him or her. I think those who have very fat bank accounts would not mind being mean tested as it would be a way to tell the world how much they are worth. Can we be a kinder society? How can we if we think it is alright to subject our fellow beans to such indignity? Please tell us how the people are going to be mean tested.

HDB prices up by 31%!

Bee tang! All Singaporean HDB heartlanders must cheer for this piece of good news. The value of their flats has gone up like in the 1990 property booms. But better don't rush to sell it off yet. For one must be able to buy another place to live in. Probably not enough to buy a new one. But it may be good to know that the asset is worth more. Can use it as a trade off against the compulsory annuity scheme? Singaporeans are now asset rich again.