Liars

‘They will have to find other sources of funds as… the whole (home ownership) scheme was designed to provide affordable, good quality homes for them, not to use that as a collateral or source of funds for other uses – whether for business or other things,’

The article above was taken from a reliable source amongst the two local publishers.

I guess I’m feeling unhappy because of the mere fact that dismisses the statements publicly announced. Not only are the rising prices a giant headache to many executives in the Market, the ridiculously demanded cash over valuation sets any fresh buyer back a good 4-5yrs of savings – assuming good prudence.

Young couples are widely encouraged to have ‘2 or more, if you can afford it’. The answer is obvious, no we can’t. Since the baby boom in 1950s that has resulted in today’s fine ageing population. Contrary to values and beliefs, extreme measures have been taken to the extend of legalised abortion, contraception and etc. Thereafter, the birth rate per woman (or man) fell to a low and has stayed low up till this day. Figures in 2008 tell us the same story.

It is a natural and designed process for a huge majority of the human race to go forth and ‘be fruitful’. Yet, it seems tougher than it really is. In less than what seemed like a short time of 5 yrs, SOL has done nothing but gone up, leaving fresh graduates to fight the upwards battle of monthly remuneration versus monthly expenses. Putting aside all lifestyle matters, residing in Singapore has never been seen to be less attractive than it is, today.

69% of the world resists change. It is no wonder we remain as mediocrats… Oh, I meant democrats.

Back to reality, enough ranting. Another day awaits. Brand new day, opportunities, possibilities.

Rock on!!