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HDB is a Ponzi Scheme.
An honorable member of the Coffee Shop Has Just Posted the Following:
HDB is a Ponzi Scheme. Why can't HWZ forumers just be frank, call a spade a spade and say Mah Bow Tan turned HDB into a ponzi scheme? Would be good too for Singapore if housing prices didn't hit the roof: would attract more talented professionals to Singapore rather than greedy and fleet footed property punters and make Singapore less attractive to terrorist attack because less spectacular would the outcome of the subsequent economic crash be: i.e. the bigger the... HDB is a Ponzi Scheme. Click here to view the whole thread at www.sammyboy.com. |
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