Originally Posted by Wild Falcon
As usual, the usual comment "Rich don't care". Well, let's put it this way, maybe I'm not as rich as some of you in this forum, but if everyone goes on the "rich don't care" logic, there is nothing to discuss or debate isn't it? Rich just buy buy buy and contribute to maintenance fund because they're so rich. What is there to debate?
And do you really believe there are that many "rich" people in Singapore? In the few times I was lucky to be upgraded to first class, I have NEVER seen a Singaporean family of 5 travelling on first class. But I see lots of wealthy PRCs, Indian, Filipinos etc. travelling whole family on first class cabin. Singaporeans are mainly middle class - let's face it.
What I'm trying to say is, people complain if they buy "old properties"", they have to pay higher sinking fund. That thinking is SO WRONG. The sinking fund is usually contributed by the first-time buyers. Those who bought the older properties benefited significantly.