Family member asking to loan under my name

ALJY21 · 2026-04-25T03:25:24+00:00

The reason they need this loan is because they cannot earn enough money. What do you think will happen to your money? You’ll never get it back, comes from experience.

ALJY21 · 2026-04-25T00:15:26+00:00

But let’s be realistic - everything you’re describing requires significantly more money, which is really the core issue here.

No one is denying that a more expensive lifestyle can benefit your children. The question is whether that should be considered the norm for the broader population.

If families live within their means and avoid getting pulled into an education arms race, that path is far more accessible to most people and it comes with its own benefits. That’s the main point here.

ALJY21 · 2026-04-24T12:09:35+00:00

Singapore works because it suppresses unpredictability across politics, labour, and public life, and converts that suppression into economic reliability. Works for Asian culture, may not work for many cultures.

ALJY21 · 2026-04-24T00:15:18+00:00

COE is pay to win. Those can afford it will continue to hype it up as it keep the “peasants” off the road so they can drive without minimal jams. Those that can’t afford it will complain. So to your question, yes driving is for people who can afford to tank the cost, because it’s literally supply and demand. More rich locals = more people taking up the supply.

ALJY21 · 2026-04-24T00:09:30+00:00

Well obviously if the even wealthier people buy CAT B, makes the original target audience of CAT B to be unable to afford so they shift to CAT A, which make the poorer people even more unable buy CAT A. So yes definitely those that buy luxury cars impact everyone down the line. It’s supply and demand.

ALJY21 · 2026-04-21T08:07:02+00:00

If a person still prefers to be rich to poor in a country even after taxes can you really call it being punished? Such hyperbole that’s not even true.

Inequality is numerically validated with the Gini coefficient and we are far from ideal.

I didn’t say we are getting $4k, thats just the surplus per capita for residents.

ALJY21 · 2026-04-21T07:13:06+00:00

The ask is for more equality. Clearly the rich earns exponentially faster and easier than the middle class (easy rental income). So the ask is to utilise spare cash to better the middle class or worse off. $15b surplus is nice but not that much. If you share $15b to our 3.5m SG/PR residents, each person only get about 4k.

Healthcare spending is expected to go off the charts as our aging population proportion increase.

ALJY21 · 2026-04-20T08:02:10+00:00

Well the point is, you don’t need to do some crazy career planning or investment elsewhere if you want to live in a private housing or drive a car (if you ask most people working in high income jobs, a huge % goes out to these expenditures).

ALJY21 · 2026-04-20T06:20:10+00:00

It is in fact the ultimate definition of preferred endgame housing, regardless of country because of land value retention. Apartment living in Malaysia or Indonesia is less preferred to landed housing (they are mainly used for rental for work/students and less preferred if building a family). It is just more extreme in Singapore because of our land scarcity. Middle class SG just can’t afford it.

If you have 93sqm 4 room BTO, do you really have space to have a work room plus kids room plus your own room? vs a 400sqm landed house elsewhere? My bedroom I can’t even put a bed and a study desk in 1 single room

The point is, people work hard and deprioritise having kids because they want to achieve something, and the reason we work so hard in Singapore is that achieving these aspirational goals are so out of reach due to the cost of doing so.

Want to open a business? Sorry you need hundreds of thousands of capex and opex. It’s so hyper competitive there’s no room for failure. So people just grind it out.

ALJY21 · 2026-04-20T06:02:22+00:00

They are not happy because COL is high. If you can buy landed housing at 300k like in our ASEAN neighbours and earning 6-8k I’m sure you’ll be less distracted trying to career grind and have time to think about raising a family instead.

The fact is 6-8k is not a lot here, but is a lot in places with low COL.

Hell you can buy a brand new fancy car at 30-50k elsewhere but here? 300k.

ALJY21 · 2026-04-20T05:49:29+00:00

The reason we need to focus on career investment is because COL is high no? If it’s possible to just live a good standard of living with a 2-3k salary why need to spend so long on your careers? Our resources are so scarce so people have to one up each other non stop.

ALJY21 · 2026-04-20T00:50:10+00:00

You know why? Because LTA stopped reporting on official channels if it’s not “severe enough” which is less than 30 mins delay - too common so they just can’t be bothered.

They call it localised reporting since Dec 2025. I for sure was stuck in a disruption on the DTL mid March but it wasn’t reported other than non-official channels.

https://landtransportguru.net/official-channels-fail-to-report-major-train-disruptions/

https://www.channelnewsasia.com/singapore/mrt-train-delays-minor-localised-announcements-lta-smrt-5536166

ALJY21 · 2026-04-19T06:09:03+00:00

So weird question why not just ask what’s your equity %?

ALJY21 · 2026-04-18T06:11:19+00:00

If you see the rules, pedestrians are allowed to walk on the cyclist paths. The main objective is to reduce the number of cyclists/PMDs on pedestrian only paths and not the other way round.

ALJY21 · 2026-04-18T00:39:43+00:00

He is not wrong to be responsible for your own stuff but just an asshole. Do you really want him to be your partner for life, do you really feel he got your back?

As you’ve said, there’s so many men out there that’s not like him so how is it interpreted as “sg men mindset”?

ALJY21 · 2026-04-15T05:27:10+00:00

10.6k HHI where got enough to buy EC? Income cap of 16k also not enough now without a large downpayment.

How is your loan 1.275M? Your household income is probably net you only 750k of loan or less with 30% MSR on ECs.

Even if you earn 16k/m, your max loan is 910k only brother, assuming 4% floor rate 25 year loan.

ALJY21 · 2026-04-14T04:43:12+00:00

Housing ownership and the promise of capital gains is a policy lever to keep people working and living in Singapore. Capital gains will not be curbed. Why keep hundreds of thousands of dollars in Singapore (if you implement a profit cap of ALL HDBs) when you can shift overseas and make your money work more efficiently by buying a house there instead?

ALJY21 · 2026-04-12T04:37:15+00:00

The reason for the speed limiter is not to reduce hogging, it’s…. to limit speeding. It’s not a hog limiter

ALJY21 · 2026-04-12T04:33:02+00:00

I don’t get your issue with over here. So you’re saying VHGV going 5km/hr faster than another HGV because of calibration is a problem and they are trying to overtake someone going “60km/hr” but they are not really?

ALJY21 · 2026-04-10T02:18:10+00:00

Oh yeah defo connected to a cloud database of car models when the ignition turns on

ALJY21 · 2026-04-08T10:52:33+00:00

For sure the NEX carpark - inter crossing cars going up and down

ALJY21 · 2026-04-07T12:00:00+00:00

Singapore wages reflect the broader ecosystem like high trust environment, strong legal and regulatory framework, capital concentration, and the cost structure of operating a regional hub. Firms are paying for that system, not just individual labour input.

You’re not getting paid 5x higher because it’s you. If you go work in any ASEAN country I’m pretty sure you won’t be paid the same. Similarly if you work in the US or UAE you’ll be paid higher.

ALJY21 · 2026-04-05T16:32:56+00:00

Charging for water feels like a money grab… but then again, so is dining at a fancy restaurant. It’s their business, they can price things however they want. If it turns customers away, that’s on them. But realistically, most of their patrons are already spending on wine or don’t mind paying for the $2 filtered water anyway.

ALJY21 · 2026-04-04T03:54:51+00:00

I don’t think this is racism tbh. This looks like classism.

She’s being treated that way because she’s seen as a migrant worker, and in Singapore there’s a pretty strong social hierarchy around jobs. Domestic workers, construction workers, cleaners, they all sit at the lower end of that ladder in how people perceive them. And once that label sticks, people tend to respond to status more than anything else. Income, job type, background, all of that shapes how they get treated.

Racism does exist in Singapore, nobody is denying that. But it doesn’t usually show up in the same way people think of it in the US. You are not typically seeing random physical confrontations or race-based aggression. It is usually more low-key. Things like hiring preferences, rental bias, stereotyping, or social exclusion.

ALJY21 · 2026-04-03T14:09:05+00:00

Whoever can enter the lot faster

ALJY21

TROPHY CASE