Friday, June 27, 2008

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HDB Flat Price Up Leaps and Bounds: Bitterness brewing among young couples

In a comment found in this blog post - Diary of A Singaporean Mind - is this bitter complain about soaring price of HDB:
"The price of HDB flats are going up by leaps and bounds, for instance. What is being done by PAP? Actually someone (a taxi driver) told me this might well be a cunning strategy of the PAP to force young married couples to live with their parents or in-laws so that they will take care of them in their old age instead of the PAP govt. It makes sense."

One wonders how long more will such bitterness go on brewing before we see serious political repercussions. Hopefully, the government will address it before any such it.

May also want to read:
History of Singapore Property 1960 to 2008
Buy or Not Buy: How to decide amid mixed market signals
When to Buy, When Not to by

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The blogger here has been affectionately named by close allies as "Smart Buyer" but really, he's not smart. Smart Buyer just believes that being prudent is smart. That's the essence of the message of this blog and Smart Buyer hopes it'll benefit other property buyers.

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