14-10-2022, 09:49 AM
https://www.straitstimes.com/opinion/for...principles
Those aged 55 and above are allowed to cash out their flats at a high resale price and still obtain a second BTO flat. This potentially deprives young couples of their first BTO flat, and they may have to wipe out their Central Provident Fund account just to pay for a million-dollar flat. No wonder they are not having children.
Those aged 55 and above are allowed to cash out their flats at a high resale price and still obtain a second BTO flat. This potentially deprives young couples of their first BTO flat, and they may have to wipe out their Central Provident Fund account just to pay for a million-dollar flat. No wonder they are not having children.