Monday, May 09, 2011

what help?










The housing industry
The rich companies get it richer
The government always lend them a hand
And the ordinary folks will struggle through their lives

The costs of major items
You don't find them going down
Once the government allows it to go up
You don't find it going down

Take the case of petrol
The price of crude oil has gone down
The cost increase hasn't reversed it
The government and petrol companies keep silence

Likewise in housing industry
The will must be there to clamp it down
The young workers in the job market
They will not find it easy to own a house

With costs keep spiraling up
The disposal income can't match the trends
In the end it is foreigners gaining the foothold
Currency exchanges they have the pull factors

Don't forget about property investors
They will devise plans to gain into the properties
By using gullible young workers to help them
Earning commission at the beginning stages

EPF should invest in full company capacity
By now EPF should have the experience
With its controlling interest in MBSB
Though in the beginning bad management spoiled it

These young workers are members
Contributing a sizeable income to its coffer
Why invest so much billions abroad?
When right here there is the golden mine!

The first time house ownership buyers
They will find hard to balance their lives
So it is best they rent for now
Until there is a shift in government

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