What’s the real problem?
Khaw Boon Wan made the statement that he believed all the first timers who wanted to apply for a BTO flats in non mature estates would have a chance to do so. Is this statement comforting? At first glance it is like saying all those first timers who applied would get their flats, but no. Actually Boon Wan was talking about the chance to apply, nothing about getting the flat. Why is there a need to say this? Any first timer can apply if they have not been kicked out of the system.
This is like saying the NPark needs foldable bikes and foldable bikes are lighter than non foldable bikes. Anyone disagreeing to these statements, or are these the concerns? What are the real issues in both flat applications and the Bromptongate?
What about those first timers that have waited too long because of the cutting down in building flats and ended being kicked out of the scheme when while waiting, their income exceeded HDB? Many young people fell victims to the mismanagement of housing programmes then. They were simply told to empty their savings to buy private.
Now Boon Wan is discouraging them from applying for the 50 year loan gimmick. So what should they do, cannot apply for HDB and not advisable to apply 50 year loan? But the young people don’t really have so much money to splurge. So, would Boon Wan undo the mistakes of his predecessor and allow all the young people that were affected by the arrogant policies to buy a public flat, to be prudent and buy within their means? Just because some jokers said public flats are affordable, so it is affordable? Or just because some jokers decreed that you earn so much you must be able to afford private properties?
What do you think?