Friday 20 January 2012

HDB - Forgotten cause?


Has HDB forgotten why it was setup for?
It was setup to help all Singaporean to own a home.
But HDB flat prices has gone sky rocketed and continuing raising.
Now its more difficult to own a home.
Are we going to be like Japan...need few generations to buy a house?
Majority of the people don't change their home.
So why do we need the value to increase?
And when you sell high, you will also buy high too.

Couple get priority to buy new flat.
2nd time home buyer also get look after.
So when do single parents and singles get look after?
Especially singles, can only buy from open market.
Even the can afford the monthly installments...
COV is already a big major headache.
Not all singles earn big money with big savings.
So how to pay COV amount in 1 go?

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