Homepage
PR Newswire
22-08-2018, 03:06 PM
This is an interesting discussion
Agree with Yeokiwi that to delink land sale and government revenue disincentivise irrational land sale or appreciation. That’s partially the problem with China regional government.
To rebuild is probably more value add than refurbish. The problem is that with rising HDB prices (not cost) what amount of reimbursement is sufficient enough to encourage VERS. Do we go by market price, property tax AV extrapolation, the original price bought from HDB, etc? Otherwise it’s just a good looking herring
Net net still it’s good to open this discussion now rather than wait for chickens to come home to roost
NB raising GST for housing is subsiding “asset” with consumption, not a good idea.
Agree with Yeokiwi that to delink land sale and government revenue disincentivise irrational land sale or appreciation. That’s partially the problem with China regional government.
To rebuild is probably more value add than refurbish. The problem is that with rising HDB prices (not cost) what amount of reimbursement is sufficient enough to encourage VERS. Do we go by market price, property tax AV extrapolation, the original price bought from HDB, etc? Otherwise it’s just a good looking herring
Net net still it’s good to open this discussion now rather than wait for chickens to come home to roost
NB raising GST for housing is subsiding “asset” with consumption, not a good idea.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)