A very desirable outcome from high property prices

High property prices make many Singaporeans happy, especially the older folks. Yes they are rich and have valuable assets to flaunt and children got to be nicer to them, and maybe one day they can get to inherit the small fortune. But this is not all, because housing is so expensive, children will now have to consider seriously the option of staying with parents. It is not cheap to live separately as some may not be able to afford it. Inadvertently, the high housing price is bringing the family closer together, with two or three generations living under one roof, one big happy family. And grandparents can help to look after grandchildren, saving on maids. Children can go to work feeling safe that their children are in good hands, no abuses or being thrown out of the flats by deranged maids. A lot of quality time with children and parents. Our traditional values of family, three generations under one roof, are back as living institutions. We won’t go the decadent ways of the West. The little catch is that new flats are getting smaller, especially the 3 and 4 rm flats. It may be a little squeeze, but a lot of savings from having to cough out another $300k or $400k to live separately from the parents. This is something that Singaporeans will get use to very quickly, spending quality time at home.

Another clean sweep for PAP

The next GE is looking like another walkover. The economy has hit an all time high which means everyone is going to get a big big angpow soon. Full employment, property prices making all the property owners smiling everyday. And another slate of the best talents have been chosen and ready to hit the election road. No more problems. Mas Selamat safely back in the cell. Loan sharks and little gangsters on the run. The Chinese used to say, 'tian xia tai ping' or all peace under heaven. The two IRs are bringing in more tourists here while world best investments are also flowing in, including a lot of hot money. It is a shame if Singaporeans miss this great opportunity to make a bundle for themselves. It is truly a golden year.

Contradictions of South Korean military supremacy

The South Koreans think they could thrash the North Koreans when there is a military conflict. They keep saying that they will respond with punitive measures. And because of their superior armed forces, they took liberty to conduct war games, simulating an attack on North Korea in the islands closest to the North. The Yeonpyeong is only 7 miles or 12 km from the North Korean coast. Why is there a need to bring in the Americans and the Japanese if the South Koreans think that they are the superior force? They could do it single handedly and wipe the North Koreans clean, and even reunite the two parts of Korea. The North Koreans will love them and their riches, and a better life. Since they are so superior, and so gutsy in wanting a war with the North, conducting war games so close to the North’s border, they should just do it. There is no point in conducting provocative war games to draw military fires from the North, and do nothing. The sabre rattling only means something if they dare to follow it through. Go, South Koreans, no need to wait for Uncle Sam or Uncle Nihon to back up. The North Koreans are hungry and poor soldiers, easy meat, a piece of cake. Why wait? If the South Koreans and Americans are sincere in not wanting a war, not wanting to provoke a war, they should refrain from conducting war games at North Korea’s front yard. But the western world refuses to see these acts of provocation and proclaims that the South Koreans and the Americans are all angels and walking with a halo on their heads. To maintain peace and peaceful coexistence, all the countries, including North Korea, shall not conduct any military exercises 200 km from their land and sea borders. Would the South Koreans do that, would the Americans do that? The useless UN should make a stand on this and tell all the countries to abide by such a position. Then we can see clearly who is or are the real provocateurs. In the meantime Japan is an eager friend to want to help the South Koreans kill the North Koreans. Seiji Maehara has called for a meeting with the South Korean President on how to deal with the North Koreans together. Lee Myung Bak is gearing up to be a Korean murderer.

Time to sell your properties

'Soaring property valuations have sent the net wealth of households in Singapore rocketing to an all-time high of S$1.16 trillion (US$886 billion) in the third quarter of this year. That is 29 percent up from the height of the financial crisis early last year, and higher than the S$1 trillion that households registered a year ago, itself a record.' This is a piece of good news that is in the media. The bad news is COV is coming down and prices of resale flats are also sliding down. And the full impact of the control measures have not taken effect yet. This is the time to sell high and buy when property prices come tumbling down. When property prices peaked, it is time for it to wind down. The cycle always repeat itself. Looks like a $1m 3rm HDB flat is not going to be. With the projected price hike of 2 to 3% annually, it will take donkey years to reach this number. My dream of being an emperor in Lijiang is fading away. For those who are not selling, they can keep smiling while the price is still high.

The enlightening rant of Yuriko Koike

She has an article in the Comment and Analysis page of Today. She started with the usual North Korea slant, a nation that is so poor that even its soldiers have not enough food to eat, a nation that is crazy for international attention, even blowing up Choenan and firing artillery shells into Yeonpyeong without any reasons or provocations. The rest you can just skip, as there were nothing new. Even Matilah can add more juicy stuff than her. The gem of her article is this and I quote: 'Much, then depends on the Chinese, whose self defeating regional diplomacy has managed to push a listless and defence-shy Japanese govt into closer cooperation with the US on security matters and has inspired South Korea to seek out strategic partnerships with other Asian powers, including India.' Here is the unintentional leak of what the US, Japan and South Korea are up to. So it is China's fault for the strategic alliance between the US and its two semi colonies, and now India coming into the picture. And China must join the alliance to condemn North Korea. Oh no, 'And China is keen to draw South Korea closer in the game of regional rivalries. The result could be a new round of efforts by China to manipulate regional suspicion - or worse.' Heh heh, they say pretty women are very innocent and harmless: ) So all the problems in the Korean Peninsula is created by China, and North Korea is a colony of China. China can tell North Korea what to do like the US telling Japan and South Korea, and its allies. How many of you believe so? And Japan is such a mild country, and it is growing its military force so huge that it can overrun Southeast Asia once again if it only adds on a few aircraft carriers. Japan is listless and defence shy!!!??? Remove the mask of militarism please. I really enjoy her rant. Looking forward for more of her writings. I am worn over by her pretty face.