Re: HDB's housing policy going against the 'Law Of Nature'...this will lead to...

On Oct 29, 10:46 am, yansimon52 <yansimo...@xxxxxxxxxxx> wrote:
With the continue rising (prices) on HDB flat In tme to come we will
see almost all sgian families would go for rental flat. If that is the
trend....halo my frens.......most HDB flats would be owned by
foreigners and its people only could afford to rent....or why should
the local buy those high price flat?

You tell me .....why should sgian buy those high price flats?

Taking into account on it high loan with interest.......after staying
10 years when you sell your flat (or upgrade) there is practicaly no
profits cos, those interest would eat up all your profits and how
about paying levy (to HDB)....and halo dont forget the yearly property
tax hor.
Buying HDB flat is not like before where you buy $50K and selling it
at $300K.......those malay already stop doing that.....can't roll
anymore..

HDB already aware that the rising  nos of households are registering
themselves on the waiting list to rent HDB flats.....i think there are
more to come.
--------

Don't worry lah, HDB prices will be very high, but the peasants will
be able to "afford" them with all their CPF money. Remember, if the
govt can't take your CPF money through the HDB, it'll have to return
the money to you. Where to find the money to return to you? So
better confiscate your CPF money with high (but "affordable") HDB
prices.

Previously, the govt was not in favour of HDB rental flats because you
can't use your CPF money to pay rent. But after the bashing at the
last general elections, it has relented somewhat.

But the policy remains: sell HDB flats to the peasants at high but
"affordable" prices, but not so high that the peasants won't buy.
Remember, the trick is to get your CPF money.

Wakalukong
.

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