Sandwiched class needs more govt help

A Lim Wan Keng wrote in the ST forum today asking for changes to the stupid and outrageous HDB income ceilings that put many genuine home buyers in a fixed. With inflation running like a wild horse, many middle income earners would quite easily exceed the $12k ceiling. And the prices of HDB DBSS and exec condominiums are not cheap either. Why is this ceiling still in place when it is as obsolete as the thinking of its originator? Haven’t the message sank in that it is and was not affordable though some jokers insisted that it was?

Lim Wan Keng’s case, family growing but income exceeded ceiling and cannot upgrade to exec condominium, and not rich enough to be robbed by the private developers. This is the kind of fix the pro active, thinking and caring govt is placing on its citizens.

But she should count herself lucky as she already owned a HDB. What about those for some reasons like getting married late and found their income exceeded the ceiling and don’t even qualify as first timers? All inclusive society, no one is left out, every first timer will be able to buy a HDB. My stinking foot!

And there are many who have bought twice from the HDB and wanted to upgrade or downgrade as their needs have changed, or finances have changed. No way. After two bites of the cheery, that’s it. It is such thickness in the head that makes life very difficult for the Sinkies. With a lifespan of 70 to 80 years or more, the needs for housing will change. Two times are definitely inadequate and the buyers would be stuck in a shitty situation except those who could upgrade. If they are in some financial binds and need to sell, they will be in bigger shit.

Then there are those divorcees or from broken families. It is their faults huh? What is inclusiveness and caring all about?

Would there be a change in mindset and silly rules and regulations made by silly people be thrown into the dustbins? As for the too rich for HDB and too poor for private properties, vote for a change of govt if they want a policy change. There is no way for stubborn mules to change their mindset. There is no way to talk to the arrogance of power, or deaf frogs who think they are so right.

Don’t give the dumb craps that too many are waiting in the queue. Just go and build for the people. A roof over the people’s head is of utmost importance. Don’t give the excuse of the speculators making lesser profits. Make it clear that public housing’s main purpose is a home for every Sinkie. Profit is secondary and good if there is and good if there isn’t. Let the speculators go and speculate in the private sector.

Let all Sinkies be allowed to buy and own a public flat and also allowed to speculate in the private property sector. One as a home for all time, one to get rich if possible. Don’t mix the two. They can co exist. Do not force the young people into big debts by forcing them to buy private.