Posts: 43,249
   
Threads: 31,105
    
Likes Received: 5,762 in 5,444 posts
Likes Given: 61,506
“Future generations for sure (won’t) get to buy BTO flats!” S’poreans clap back at Desmond Lee’s statement regarding saving land
https://theindependent.sg/future-generat...nerations/
Posts: 1,921
   
Threads: 2
    
Likes Received: 327 in 291 posts
Likes Given: 174
if car can be taken off road after 10-20 years, houses can be tear down and rebuild as well.
people want to have a new house for their new start in life after marriage.
the key is to buy back, teardown older hdb to provide a constant stream of hdb supply,
stop thinking of it as a capital items that last a few centuries.
60 years might long enough. lease still 99 years. so if buy back to rebuild around 60 years it will also remove the problem of lease use until end zero value which is more problem .
the cost is one of rebuilding. some of the material (stone, iron especially) can recover and reuse. or send to use as material to fill up the wall from raising sea level.
Posts: 12,572
   
Threads: 529
    
Likes Received: 2,627 in 2,329 posts
Likes Given: 844
one day have to reset. Coincide with America or **China collapse.
Posts: 2,124
   
Threads: 357
    
Likes Received: 360 in 317 posts
Likes Given: 1
look at this
they had to answer to their predecessors
so they all must think in same line....no loss making!
Posts: 5,423
   
Threads: 75
    
Likes Received: 822 in 762 posts
Likes Given: 255
theindependent.sg use the wrong words.