S'pore home prices still falling

[Bibi]

I am more worried of the ageing trend.

Using a story: Two only child have received their 4 room BTO flat and thus decide to officially tie the knot in 2016 as their parents reach their age of 55. In 2046, unfortunately both husband and wife's family has passed on, bequeathing their HDB flats to their only child. Now the s*** happens. The family now have 3 HDB flats but HDB rules dictate they can only have 1 flat and offloading it will be difficult because there is little new Singaporeans to sell their flats. With a lesser population to take over the homes of a larger group of elderly when they pass on, it is a classic situation of too many sellers and too little buyers. Who knows by then BTO may not be needed

A bit off topic but that statement :"the average number of children born to women in this group declined to 1.85 in 2015 from 2.02 in 2010." triggered alarm bells in my head. This may lead to the eventual collapse of home prices unless we play the "import the foreigner game". So much for being asset rich and cash poor; while hoping you can pass your house to your children as a gift

I thought HDB will give them a deadline to sell their extra hdb flats. If they unable to, then HDB will buy back from them at valuation?