SG Talk

Ultra-rich not driving up costs in Singapore—MAS head Ravi Menon



https://theindependent.sg/ultra-rich-not...avi-menon/

what utmost nonsense he is talkinh 110% rubbish
really speaking lies with both eyes open wide

my property tax went up >10% becos ultra rich bt expensive hses n thsi filter dwon.

b42022 coe never >100k onlywhen .100k v rich foreigners bidded high.anyothers pls add on

Yes
Not driving up
But
It is pumping up

Rubbish he says to appease the ruling regime

I never bother to read,

so the title he claim Ultra rich not driving up costs in SG.

Than isn't GREEDY PAP Policy fail come Increase GST so call help the poor and needy ????
I still remember they claim Because those rich like to spend , so contribute more to GST in return.

Than so he claim Ultra rich not driving up costs in SG than WHO?? SURELY " something drive it up "
than PAP surely claim " Again due to Global uncertain economics , Inflation again ??? "

“Wealth inflows into Singapore have little effect on the exchange rate, domestic inflation, property prices or car price.

---------------------------------------------------------------

He thinks there are thousands as stupid as Jac Lau?

We do not even need to go out of SG to see the CoL rocket upwards, lah

It is not about wealth inflows?!@$#@$#@

IVRSTI shared news about Vancouver

Here is the snippets of logic that Menon lacks:

"Of that, the foreign traids invested $4 billion in real estate alone, which has increased the cost of homes in Vancouver by five percent"

Got to

Drain the swamp
Drain the swamp

It is not, he is right. It has always been the peasants throughout history.

(07-07-2023, 07:57 PM)SGSeniorCitizen1952 Wrote: [ -> ]He should resign !!!

I thought he is leaving?

By throwing open a controversial subject, this guy is trying to divert people attention from the b/w bungalow.
A tactic that these people always use.

..

Taken millions to TCSS

.Not costs ..

But they driving prices higher

Now you know why our stock market has been in the doldrums for umpteen years. With blinkered foresight of folks like this ahneh and many like minded minions and fellow village people

What rubbish talking from MAS?

(08-07-2023, 01:37 AM)winbig Wrote: [ -> ]I thought he is leaving?

Recontract again lah.

一派胡言。
这种鬼话都能说的出口，简直是TMD的活见鬼。

Menon talks like a dimwit, same like Malaysian Traitor

Both can BS without evidence nor substance

Too subjective and too emotional like woman

Wuhahahaha wuhahahaha
Sometimes when we read this one news we treat it as reading fiction story book