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Old 29-03-2014, 12:17 PM
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Originally Posted by Unregistered View Post
I disagree with your disagreement. It is not surprising why you disagree as you are one of those who benefits from the current policy. People like you who are rich high earners should not hoard HDB flats as the flats are meant for the poor and lower income groups. If you want to invest in property, then you should sell your HDB flat and buy another condo. HDB flats are NOT meant for investment but for owner occupation.

If you do lose your job, and you don't have a HDB flat, you can always sell away your condo and buy a resale HDB flat. For instance if your condo is worth $3m, you can sell and get $3m cash and then buy a $200k resale 2 room HDB flat. You can then survive on the $2.7m cash. You can even retire on the $2.7m cash or you can drive a taxi and earn $5k a month.
Tsk tsk...such socialist thinking. Good luck whining!!
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