Singles to be allowed to buy flats directly from HDB

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(09-03-2013, 09:45 AM)specuvestor Wrote: That is actually the crux of the issue: do we believe the family is the basic unit of the society or individuals? The irony for individualism or extreme liberalism thinking is that when good times roll, it should be no constraint survival of the fittest. But when crap hits the fan, same people expect help from society or families. You cant have your cake and eat it.

I am not looking at it from that perspective, but it is a fair point. A few years ago, I was doing some charity work at a remote village in the Philippines (somewhere near Tarlac city, northern Luzon). I spoke with some of the ladies there in a village cooperative and they were mothers at the age of 16 - 18 and most expressed a wish that they had more opportunities to pursue their dreams. I think that is at the polar opposite of the extreme liberalism. There must be some kind of balance.

Anyway, it is out of scope for this thread.

One thing does interest me though. How many Singaporeans does fall in the above 35 and less than 5k category? I suppose this group is growing. If they do enter the market now, how will it distort the market now and 5 years down the road?
You can count on the greed of man for the next recession to happen.
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RE: Singles to be allowed to buy flats directly from HDB - by LionFlyer - 09-03-2013, 09:57 AM

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