What say you - 2

1. Why do we need so many non-professional foreign workers for? ( Latest news had it that, together with an estimated two million illegal foreign workers,  we have four million of them in the job market ) To do the abundance of jobs that we Malaysian cannot cope or to do the jobs we Malaysian do not want to do?

2. Malaysia cannot afford to compete with other countries on the basis of our labour cost being cheap. Within South East Asia, we lose many times over to the neighbouring countries. Forget about the larger Asia.

3. With the presence of so many foreign workers on one hand and the lack of high value industries that can pay the average Malaysian with higher salary on the other hand, we are facing with a situation where the average salary of Malaysian will remain low for some time to come.

4. Why would the bosses pay MORE when CHEAPER can do the job? There is no law that forbid companies from employing cheaper foreign workers instead of Malaysians to do the same job. And the law of economics tells you that when supply is more than demand, the price must come down.

5. Helping more average Malaysians to buy their first house with cheaper housing scheme, 100% loan, longer payback period or investing in education and training to create a productive and skilled workforce in high value industry that can pay higher salary : Which is the better move? I say, if the latter is not adopted, there will be more and more average Malaysian finding it difficult to buy their first house in time to come. What say you?

What say you

1. How is the government going to make the house more affordable to the average Malaysian? Make it an controlled item? Introduce laws to regulate the price?

2. At the current interest rate, a person earning RM3,000.00 a month cannot qualify for a house worth RM200,000.00. This is following the bank general rule of thumb where monthly repayment should not exceed one third of the gross salary. How many housing project with RM200,000.00 houses can you find in Klang Valley? Soon, even at Jalan Kebun Shah Alam, you will find it difficult to get a single terrace house for less than RM200,000.00. This may happen slowly but surely.

3. We read in the newspapers that Malaysian property is cheap by the regional standard. That must also includes land in general. At the current rate, many find it expensive to buy house. What will happen to the price of houses if the price of land goes up in times to come?

4. Helping the people to earn more through higher salary must come from education and training on one part, and attraction and investment in more value-added industry by the government on another part. To get paid more, workers of whom all of us are, must be productive to justify the cost. You just cannot force the employers to pay higher salary when there is no corresponding input in term of skill or knowledge. The government can come up with laws to enforce it. But what will happen to the price? Invariably, it will be higher. Have the prices of goods not increased after the price increase of sugar and petrol? Well, the roti canai may still be selling at the same price, but you need to take two pieces now instead of the usual one.


5. Enabling more youth to own their first house by building more affordable houses or increasing the income / salary of the average Malaysians : Which one is a better move? What say you?

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