Posts: 17,815
   
Threads: 198
    
Likes Received: 4,484 in 4,014 posts
Likes Given: 6,171
Anybody want to start a thank you thread to assert that CPF is really your money and thank yew PAP etc
Wherever you go, no matter what the weather, always bring your own sunshine
>
Posts: 22,348
   
Threads: 6,337
    
Likes Received: 4,130 in 3,237 posts
Likes Given: 487
(14-08-2022, 06:41 PM)Huliwang Wrote: Actually what he said is not flawed but true for quite a lot older generation HDB owners.
I think he was looking at those who bought HDB at BTO price and selling them with big profit. For example I have a relative who bought a new 3rm HDB at just around $20K about 50 years ago and later sold them more than $150K some 20 years later. Then those 5rm flats in Queenstown cost around $450K some 20 years ago are now selling at around one million.
So, for these people HDB flats are free and on top made another 100% or more profit...... ![Big Grin Big Grin](https://sgtalk.net/images/smilies/biggrin.png)
Selling an investment for a profit does not make the investtment free!..the moron was using the word 'free'.
By this flawed logic, there r so many places in the world also property is free. Australia property went up 20 yrs straight.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
>
(This post was last modified: 14-08-2022, 08:37 PM by
sgbuffett.)
Posts: 17,815
   
Threads: 198
    
Likes Received: 4,484 in 4,014 posts
Likes Given: 6,171
(14-08-2022, 08:36 PM)sgbuffett Wrote: Selling an investment for a profit does not make the investtment free!..the moron was using the word 'free'.
By this flawed logic, there r so many places in the world also property is free. Australia property went up 20 yrs straight.
So is Australia property free?
Wherever you go, no matter what the weather, always bring your own sunshine
>
Posts: 17,815
   
Threads: 198
    
Likes Received: 4,484 in 4,014 posts
Likes Given: 6,171
bump up
Wherever you go, no matter what the weather, always bring your own sunshine
>
Users browsing this thread: 1 Guest(s)