Affordable Housing Is In Sight

Sorry for scaring all you folks about the cost of housing with data from the Ministry of National Development (graphic was from the state paper) . The bad news is that the 25- to 30- year repayment schedules are all true. The good news is that houses in opposition wards are cheaper.


 Outdoing the Goh Chok Tong football tactic of kicking in his own goal, MM Lee Kuan Yew said last night at a PAP rally that homes in Hougang cost less than similar ones in neighbouring areas because they belong to an opposition ward. Suddenly, young voters in Aljunied GRC may not have to lose sleep about being able to afford their first HDB flat after all. All they need to do is check the correct box on the ballot paper on May 7. Hallelujah! May all the Gods (Christian, Buddhist, Malay, Indian) be praised!

Of course the old guy was trying to salvage the land-cost-to-reserves sleight of hand claims of Mah Bow Tan. The torpedo was aimed at the opposition's proposal of pegging new flat prices to median household income levels, but you can't aim too good when you are approaching 88. The dimming eyesight, quivering hands and wobbly gait don't exactly make for good marksmanship.

The volley about the "two unknowns" in the Workers Party's dream team also landed outside the fairway (his drive must be off since his gave up golf). So what do we know about Puthucheary except for his famous father? Other than the nonsense about saving babies lives being equivalent to serving NS? Who's to say Heng Wee Keat has the track record to be a credible Finance Minister? His only "relevant" experience was being PPS to MM Lee before being appointed managing director of MAS. Have you seen prices reduced by the MAS policy of strengthening the SingDollar? So will the Istana guys who hand him his hot towels for his aching bones, on time, at the right temperature, be made ministers too? Did you see the sickening live TV coverage at Tanjong Pagar GRC nomination center, with Lee following after the political virgin Chan Chun Sing like a lovesick puppy dog? "But I guarantee you you will not do better than the PAP candidates" surely must sound real hollow in the light of what we have seen and heard.

Whatever happened to the Lee Kuan Yew that was admired and looked up to? Even dead Michael Jackson is more highly regarded, despite his special attention for younglings.