Housing choices alone do not ensure enough CPF for retirement

If the cost of living continues to grow at a faster pace than do wages, then by the time the current generation of Singaporeans is due to retire, they would find the purchasing power of their CPF savings to be grossly inadequate. Inflation would have eaten away their hard-earned savings.

SDP responds to Lee Kuan Yew on housing

Singapore Democrats (link) 07 November 2012 Mr Lee Kuan Yew said on Sunday that public housing in Singapore “has to keep up with the rising aspirations of Singaporeans.” On this point, he is absolutely right. Unfortunately, the skyrocketing prices have left an entire generation of younger Singaporeans see their aspirations go up in smoke. This… Continue reading