Originally Posted by Unregistered

The people who suffers most are the old retirees who depended on rental income from their empty rooms to rent to FTs. Now with the oversupply of properties and low demand due to FT restrictions, these old folks have little or no income. If things gets worse, they may have to sell their home to get cash. I pity them. I hope more FTs are allowed to work here so that these old folks can rent their spare rooms and get passive income. I hope they don't have to work at their old age. Supply of land must also be cut to allow the oversupply problem to improve. We have a serious problem of property oversupply and empty condos. If we don't bring in more FTs now, our property market may collapse and causing banks and the economy to collapse as well. Urgent action is required now. We need more FTs now to rent the empty condos. But please restrict them from buying condos so that they can rent the empty condos.