Quote:
Originally Posted by Unregistered
Yes, too many people buying second property for investment. We should ban HDB owners from owning private property. They should sell their HDB flat when they buy private property. This will prevent an oversupply in the property market.
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Agreed that the gahmen should plug this loophole immediately. It is too inequitable and caused unnecessary crunch on
HDB and artificial demands on private properties.
Another thing is whether the gahmen has any idea on the demand side versus the supply side. Should they stop / slow down land sales already? There is no need to worry / cater to those rich Singaporeans. If there are no more properties to buy here, they can always take their money elsewhere - M'
sia, UK, Oz, US, etc