Wind78 0 Report post Posted September 16, 2009 Quoted from asiaone.com.sg http://www.asiaone.com/Business/My%2BMoney...915-167970.html COV is not an agreed amt the buyer think the flat worth. It's the seller who set their price tag for the COV. Is HDB clear of the market situation or just still dreaming the perfect scenario. Share this post Link to post Share on other sites
therat 18 Report post Posted September 16, 2009 (edited) u had a choice to walk away for high COV For those that agree to pay high COV, that is their decision. They had to live with that. B'coz it is their choice. Seller has the right and freedom to mark the price they want. Buyer has the right and freedom to bite the price tag. It is abt seller and buyer. What to do with HDB? Edited September 16, 2009 by therat Share this post Link to post Share on other sites
JustMortgage 0 Report post Posted September 16, 2009 u had a choice to walk away for high COV For those that agree to pay high COV, that is their decision. They had to live with that. B'coz it is their choice. Seller has the right and freedom to mark the price they want. Buyer has the right and freedom to bite the price tag. It is abt seller and buyer. What to do with HDB? Agree. As I said, you really are everywhere. Share this post Link to post Share on other sites
DarthRevan 0 Report post Posted September 16, 2009 I agree with therat. High COV, just walk away, it's a free market after all. Willing buyers, willing sellers. There are flats with $0 COV, but those buyers are not painting the whole picture eg, not so near MRT, low floor, original condition etc. Share this post Link to post Share on other sites
therat 18 Report post Posted September 16, 2009 Agree. As I said, you really are everywhere. sound so familiarrrrrrrrr Share this post Link to post Share on other sites
JustMortgage 0 Report post Posted September 16, 2009 Got a thread started ok. in the end flame left right center. LOL. Share this post Link to post Share on other sites
Wind78 0 Report post Posted September 17, 2009 (edited) u had a choice to walk away for high COV For those that agree to pay high COV, that is their decision. They had to live with that. B'coz it is their choice. Seller has the right and freedom to mark the price they want. Buyer has the right and freedom to bite the price tag. It is abt seller and buyer. What to do with HDB? HDB has the responsibility of making public housing affordable. Bcos they built the flat in the first place and they sell it to u. Seller is greedy Buyer is stingy Singles cannot buy new flats Married cannot wait for new flats. HDB cannot come up in time with the new flats or oursource to pte developer bcos it's too troublesome to manage themselves. All these adds up to the elements to this boom. If the govt dun do anything to control, then we will be the next America. All ur property dun belongs to u, but the bank and the govt. All will go rent a tent at the sea side. Or hope we all move to District 9 or 10 Edited September 17, 2009 by Wind78 Share this post Link to post Share on other sites
chipee 0 Report post Posted September 17, 2009 Yes, I can't agree more. In this free market, everybody is given a choice to live with. Either you take it or leave it. No qualms. However, I wonder .. roles will change in time to come. Stingy buyers will become greedy sellers People may take a different stand from once where they are ... Share this post Link to post Share on other sites
Wind78 0 Report post Posted September 18, 2009 Yes, I can't agree more. In this free market, everybody is given a choice to live with. Either you take it or leave it. No qualms. However, I wonder .. roles will change in time to come. Stingy buyers will become greedy sellers People may take a different stand from once where they are ... Yes indeed. These days, honesty is no longer found in this world. Somebody is always out to cheat somebody's money. I tink it's worst than not giving up their seats in the MRT. It shows how ugly we have become and evolved. Share this post Link to post Share on other sites
therat 18 Report post Posted September 18, 2009 (edited) Yes indeed. These days, honesty is no longer found in this world. Somebody is always out to cheat somebody's money. I tink it's worst than not giving up their seats in the MRT. It shows how ugly we have become and evolved. cheat? who is cheating? Edited September 19, 2009 by therat Share this post Link to post Share on other sites
DarthRevan 0 Report post Posted September 19, 2009 Imagine this scenario..what if HDB makes housing affordable, but the catch is the flat cannot be sold for a profit, and can only resell back to HDB? Share this post Link to post Share on other sites
born_again 0 Report post Posted September 19, 2009 (edited) how do we expect hdb to help? seller ask $A, buyer pay $A seller ask for $B, buyer pay $B can we blame all the buyers who willing pay for the COVs? would anybody blame themselves for being rich? for being able to afford all this sky high COVs? Edited September 19, 2009 by born_again Share this post Link to post Share on other sites
Wind78 0 Report post Posted September 19, 2009 Imagine this scenario..what if HDB makes housing affordable, but the catch is the flat cannot be sold for a profit, and can only resell back to HDB? I'm imagining.... Then we will be enslaved by the govt. Fair yes, btwn the normal ppl who sells and buys. Unfair to the ppl and the govt. Cos govt are made up of greedy ppl too Share this post Link to post Share on other sites
