market economy, consumer choice
When the market was booming and demand for condominiums was high, many developers, including HDB, responded by building more condos. When the market was weak, HDB changed policies to build more 3 rm flats. This is not only being responsive to the needs of the people, it makes simple commonsense. Provide what the people want and can afford to pay. Read in the papers today that C class hospital wards are in demand. This simply says that people cannot afford better class wards or do not want them. And this is expected. According to the distribution of incomes, only 10% are at the top and another 20% are reasonably comfortable. The bulk of the populations are just struggling and trying to make ends meet. C class wards would be appropriate for their pockets. Hospitals should provide the different classes of wards according to the income of the people. The number of A and B1 wards must reflect proportionately the income distribution of the population. A responsive govt that thinks for the people should provide goods and services according to the needs of the people. So, are we going to see more C class wards being provided by the hospitals? Or are we going to see means testing being introduced to cut down on people opting for C class wards? Or the charges of C class wards will go up to cut down the high demands for them. Whatever, those who have to be hospitalised must quickly get themselves admitted and take advantage of the current situation.