Monday, August 20, 2007

Just Some Impromptu Reactions To The National Day Rally Speech And What I Think The Fourth University Should Be

Liberal Arts Or Life Skills University
If I were to go with a fourth university, I would say let us not have anymore of the current kinda universities we already have.

A liberal arts or life-skills kinda university will seem to be more in order.

Reactions To The National Day Rally Speech
Even before the speech was made, I have made my protests against the increase in the retirement kitty's draw-down age from 62 to 65 and now 67 as well as the compulsory annuity now deemed essential for those aged below 50 very clear.

I say again it is not a good idea to tie up a retirement fund for too long and let the people decide themselves if they need an annuity based on their own personal judgement.

The increase in the rate of return must certainly be much appreciated and it is compounded after all.

I certainly have no quarrels with all the new plans for improvement works or waterfront living for both old and new public housing developments. And I think the "buy-back" of the lease of HDB flats from elderly owners for a sum of money and monthly returns is, on first glance, a very good idea. Let us hope this is not a family nucleus thingy again and that single owners can do the same.

As far as I am concerned, a minimum occupancy space for anyone is a 2-room or 3 room (a 2room for 1 or 2 persons while a 3room can prolly accomodate 2 or 3 persons). How much further can one downgrade this to in his golden years?

Doesn't seem like the studio is an option given the kinda restrictions for buying and selling (for one that it must be sold back to the authority and the elderly already have many grouses with that). And this is off-limit to singles anyway.

One bone to pick and that is that I don't think I will be a beneficiary for direct waterfront living (meaning a view to water, greens or sands) and many singles will prolly not benefit from it (we can't buy first hand remember) but perhaps after 5 years (for new estates that is), if prices are still affordable after that.

Even in the secondary market.

Sigh, the plight and situation of the singles (and gays) have largely remained unaddressed.

But all in all, kudos to the new team for making this great effort which seems to be well-thought out and planned through.

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