CPF savings 'may not be enough for old age'

[hyom]

In my personal view, new flat prices should be indexed to income, so that prices rise and fall automatically with general income levels, instead of merely being studied, debated and occasionally adjusted. In this way, increased prosperity will still result in rising prices, so that owners can still benefit, but because prices are indexed to income, the new flats will remain affordable to first-time buyers.

Hi d.o.g.,

A proposal similar to yours has been proposed in the past. If the ex-Housing Minister were still around, I am sorry to inform you that you will be accused of raiding our nation's hard-earned accumulated reserves.

http://www.straitstimes.com/GeneralElect...59136.html

http://mrwangsaysso.blogspot.com/2011/04...nting.html

Singaporeans can see that the new Housing Minister is trying his best to provide a roof for young couples. Perhaps there will be a change of position now.