02 Mar '12, 4am

Tharman : A Family with $1000 income can own a flat...

Minister Tharman now makes this claim that a family with income of $1000 can afford to own a flat. Maybe he forgot to tell us his assumptions. Engineers will tell you that you can always adjust your assumptions to get the conclusions you want. The family has to live on maggie noodles. They cannot get sick and see the doctor. They have to wear cheap clothes that last for decades. They cannot furnish or renovate the flat they purchase. They cannot have school-going children. If they have children, there is no budget for entertainment - no movies, no electricity for computers, no handphones, etc. They have to walk and not take the bus if the destination is within 2 km to save money. They cannot go out unless it is for work or groceries. They have to bathe once a day (or every 2 days) only to keep the water bill down. If the bread winner break his leg during the 30 years he ha...

Full article: http://singaporemind.blogspot.com/2012/03/tharman-family-...

Tweets

My Singapore News: $1000 income can buy a flat!

mysingaporenews.blogspot.com 02 Mar '12, 10am

The logic of $1000 income can buy a flat is the same as $8 for an open heart surgery. But don’t laugh, it is true, it can ...

Tharman: $1k monthly salary can buy flat

mrbrown.com 02 Mar '12, 4am

Tharman: $1k monthly salary can buy flat Notice he never said buy flat in what country. Or how many years you have to take...

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tankinlian.blogspot.com 04 Mar '12, 10am

Deputy Prime Minister, Finance Minister and Minister for Manpower, Tharman Shanmugaratnam said in Parliament that a person...

Anyone with an income of $1,000 can buy a Housi...

straitstimes.com 03 Mar '12, 1am

Anyone with an income of $1,000 can buy a Housing Board flat, the assertion went. But the figure startled many and on Frid...

Khaw Boon Wan clarifies Tharman's "buying HDB flat on $1K pay"

Khaw Boon Wan clarifies Tharman's "buying HDB f...

channelnewsasia.com 02 Mar '12, 3pm

SINGAPORE: National Development Minister Khaw Boon Wan has clarified comments made by Deputy Prime Minister Tharman Shanmu...

Online uproar over DPM Tharman’s ‘$1k flat’ statement #Singapore

Online uproar over DPM Tharman’s ‘$1k flat’ sta...

sg.news.yahoo.com 02 Mar '12, 2pm

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Catch up, DPM Tharman tells WP's Gerald Giam

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straitstimes.com 02 Mar '12, 2am

Deputy Prime Minister Tharman Shanmugaratnam on Thursday hit back at Workers' Party member Gerald Giam's comments about Si...

Selling Weekly Options for Income

thefinance.sg 01 Mar '12, 12pm

I attended a seminar yesterday where the speaker spoke about how we can make money from options. Since the majority of opt...

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straitstimes.com 03 Mar '12, 11pm

After a debate erupted online over Finance Minister Tharman Shanmugaratnam's remark in Parliament last Thursday that a fam...

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todayonline.com 02 Mar '12, 9pm

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You can get a curse, you can get a cross, you could go to work or you can be the #boss. -New gym mix via @fayhokulani!

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Can $1,000-a-month salary really buy you a HDB flat? | SingaporeScene - Yahoo! via @yahoosg

Can $1,000-a-month salary really buy you a HDB ...

sg.news.yahoo.com 03 Mar '12, 7am

Minister of State for Manpower Tan Chuan-Jin took to Facebook on Friday to clarify the '$1k flat' comment made by DPM Thar...

More chances for HDB second-timers to get flat

More chances for HDB second-timers to get flat

straitstimes.com 02 Mar '12, 1pm

The Government turned its attention to the housing needs of Housing Board second-timers on Friday, boosting their chances ...

The Lion's Share: Exotic Lion's Meat for $1000: Get a bite of the king of carnivores, the African Lio... @rmsteed

The Lion's Share: Exotic Lion's Meat for $1000:...

luxpresso.com 01 Mar '12, 5am

This one really puts meat lovers to the test. An exotic meat supplier in America provides a whole tenderloin of an African...