Originally Posted by
DaytonaSS
HDB buy to stay ba...... got 5 yr MOP how to flip? Can only own 1 beause its for u to stay one. flat high price is good if you are owner, no good if u dont have one. In the first place HDB is meant to be a home for Singaporeans. Its not meant to be flip and speculate.
if its not meant to be speculated then y are u upset whether its high price or not. U are only renting to stay in only, what difference if MBT sell u expensive or cheap. Cheap u will say buy bo huay, negative equity. Expensive u say sell high , buy higher. nothing will please u anyway.
I m just saying if wanna benefit from property cycles , need to have a 2nd property to buy low n sell high or buy high to sell higher.
well, i prefer to be on paper gain then paper lost. frankly if one is saying HDB is very expensive and condo even more ex.... then y make yourself unhappy, see pple rich cannot sleep. be contended and live with one's means lor.
Too bad i dont have any $$$ in CPF cos i dont contribute to it , if not i would like to feel how mr lim feel when he look at it.
Since it's for staying.. then high $$ got use meh?
As a matter of fact, this will push up price further for our children to bear.
If you look at it from the other angle, it's more like a ponzi scheme leh... the bomb will explore some day. Who suffer?
At the end of the day, all of us are rich in paper while someone else really reach in real $$$ and I think you know who.
Wake up.
Daft, Dafter, Dafterest!!!!