![](https://i.imgur.com/CLvY2jA.png")
11-04-2023, 09:09 AM
https://www.theonlinecitizen.com/2023/04...g-mistake/
Firstly, the government has trapped itself in a situation where the affordability and asset value of Housing Development Board (HDB) flats cannot go up, resulting in a deterioration of value over time.
Secondly, many Singaporeans have all their life savings tied up in their flats and are hoping to recover their investment when they retire or downsize, but are likely to suffer a loss in price recovery.
Finally, young people who are entering the property market are trapped in a debt cycle and cannot risk entrepreneurial ventures because they have to pay off their mortgages.
https://www.youtube.com/watch?v=IuU1Zps-ZR0
Firstly, the government has trapped itself in a situation where the affordability and asset value of Housing Development Board (HDB) flats cannot go up, resulting in a deterioration of value over time.
Secondly, many Singaporeans have all their life savings tied up in their flats and are hoping to recover their investment when they retire or downsize, but are likely to suffer a loss in price recovery.
Finally, young people who are entering the property market are trapped in a debt cycle and cannot risk entrepreneurial ventures because they have to pay off their mortgages.
https://www.youtube.com/watch?v=IuU1Zps-ZR0
