03-09-2022, 01:18 AM
(03-09-2022, 12:04 AM)Blasterlord2 Wrote: CPF rate goes up -> loan rate goes up ->cooling of property. Isn't this a good way of taming speculation?
In Australia, workers superannuation (pension fund) average ROI 9.20% while bank housing loan @ 3.25% pa.
It's technically unrealistic or wrong for CPF CEO to peg housing mortgage rates to investing of CPF Savings. Why?
Then, CPF Board CEO and management (lazy and incompetent) will never put an effort to maximise returns for members future retirements.
Taboos