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12-11-2010, 01:52 PM
My view of this housing thing may differ from most of you here. I personally think that our govt did an okay job in term of ensuring that everyone, or should I say most of us, has a roof over our head. By any measures, our HDB flats are not cheap, but certainly affordable by the majority. In a way also, our houses can not be priced as cheaply as those you can find in some other countries, and that simply because we are all but a 700 sq km island with a 5 million population and still growing. In spite of these constraints, most Singaporean and PR still have a house to go to at the end of the day. This I must give credit to our govt, but not necessary to MBT.
Just look at some other countries that have land size thousands of times bigger than ours, but with millions of people homeless.
One thing I strongly disagreed with our govt is the way they calculate the so call subsidy to public housing. We all know that they are using market value instead of cost as the basis of calculating such subsidy, which make no sense to me at all. Anywhere, this topics has been bought up countless times but they just stick to it.
Just my personal view of this matter.
Just look at some other countries that have land size thousands of times bigger than ours, but with millions of people homeless.
One thing I strongly disagreed with our govt is the way they calculate the so call subsidy to public housing. We all know that they are using market value instead of cost as the basis of calculating such subsidy, which make no sense to me at all. Anywhere, this topics has been bought up countless times but they just stick to it.
Just my personal view of this matter.