Saturday, 12 December 2015

Datuk Alan Tong is an idiot

Why? Becos having read his article entitled 'cars are more expensive than houses' makes me wonder if this old guy a fool or senile. Firstly, its simply wrong to compare cars, a consumption good vs. houses, a basic need but also an investment asset, like stocks which are open to speculation.  Secondly, it doesnt take a genius to see how entry-level car prices hardly moved over the last 20 years vs the rise in entry-level executive income and entry-level houses. I can still afford a Kancil if I graduate today. But for the same terrace house in KL, the gap has widen even after working over 20 years. So you have to be a retard to say cars are more expensive than houses.

I can see his agenda trying to defend the industry but dont assume readers are stupid.

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