A few things to ponder over n debate if so inclined:
1. Cost of living (COL)
"Live within your means" is the best advice!!
U can still find cheap n good deals - foods n whatever!
Other major expenditures like public housing, education n healthcare will b kept "affordable". So just focus on "Live within your means!"
Q. Really due to lifestyles change n unrealistic expectations? No underlying costs increases that make COL higher?
2. Public housing
a. it is 5x of annual income of the couple cited! So, it IS affordable!!
b. 40 yrs ago flat has sharply appreciated! after that, the value will decline. So, wise up n sell if u want to lock in the windfall. Next generations will not see such sharp capital gain!!
c. after 40 yrs old, still can monetise your flat like sell-n-leaseback, rent out a room if not cash out.
Key: the value WILL GO DOWN n at most be worth 30 yrs lease value of the 99yrs lease since Voluntary Enbloc Redevelopment Scheme (VERS) may kick in!!
d. if u don't sell, u get HIP at 30yrs n maybe 60-70yrs!!
3. Healthcare cost
a. more subsidies will b made available! i.e. cost increases r inevitable!(?) Just hope gov got money to subsidise u!!
b. Merdeka Gen Package (MGP) - they supposed benefited fr the boom yrs of Sgp n YET at/after 60yrs, they need handouts to fund their healthcare!!
Q. progress or regress??
c. 1 in 2 of Sgp citizens above 60 or 70 will b "disable"? Convincing?
Q. subsidies fr "market prices"? How were "market prices" determined by public healthcare providers?
4. prices of electricity
It has gone down fr 10 yrs ago today!!
Q. why is Hyflux in trouble with a power generation plant due to "over supply of electricity"?
Also, can we show "price trend of natural gas instead of crude oil" if the main fuel of power generation is natural gas?
5. Relationship with Msia
Absolutely we want a harmonious n mutually respectful n beneficial relationship!
So, let's work on it. In the worst case, each nation just hv to do what is deemed "right" for themselves, which may lead to badness!!
6. Talented Singaporeans can lead n b successful in different paths
Blessed those individuals mentioned!
7. OVERRIDING premise is: to fund anything, the economy needs to grow!!
Annual investment gains fr the trillions of National Reserves r last resort?
1. Cost of living (COL)
"Live within your means" is the best advice!!
U can still find cheap n good deals - foods n whatever!
Other major expenditures like public housing, education n healthcare will b kept "affordable". So just focus on "Live within your means!"
Q. Really due to lifestyles change n unrealistic expectations? No underlying costs increases that make COL higher?
2. Public housing
a. it is 5x of annual income of the couple cited! So, it IS affordable!!
b. 40 yrs ago flat has sharply appreciated! after that, the value will decline. So, wise up n sell if u want to lock in the windfall. Next generations will not see such sharp capital gain!!
c. after 40 yrs old, still can monetise your flat like sell-n-leaseback, rent out a room if not cash out.
Key: the value WILL GO DOWN n at most be worth 30 yrs lease value of the 99yrs lease since Voluntary Enbloc Redevelopment Scheme (VERS) may kick in!!
d. if u don't sell, u get HIP at 30yrs n maybe 60-70yrs!!
3. Healthcare cost
a. more subsidies will b made available! i.e. cost increases r inevitable!(?) Just hope gov got money to subsidise u!!
b. Merdeka Gen Package (MGP) - they supposed benefited fr the boom yrs of Sgp n YET at/after 60yrs, they need handouts to fund their healthcare!!
Q. progress or regress??
c. 1 in 2 of Sgp citizens above 60 or 70 will b "disable"? Convincing?
Q. subsidies fr "market prices"? How were "market prices" determined by public healthcare providers?
4. prices of electricity
It has gone down fr 10 yrs ago today!!
Q. why is Hyflux in trouble with a power generation plant due to "over supply of electricity"?
Also, can we show "price trend of natural gas instead of crude oil" if the main fuel of power generation is natural gas?
5. Relationship with Msia
Absolutely we want a harmonious n mutually respectful n beneficial relationship!
So, let's work on it. In the worst case, each nation just hv to do what is deemed "right" for themselves, which may lead to badness!!
6. Talented Singaporeans can lead n b successful in different paths
Blessed those individuals mentioned!
7. OVERRIDING premise is: to fund anything, the economy needs to grow!!
Annual investment gains fr the trillions of National Reserves r last resort?
No comments:
Post a Comment