02-02-2014, 10:24 PM
(02-02-2014, 06:22 PM)AndrewHW Wrote: @investor101 +1 for your post.
HDB should operate based on clear guideline for flat pricing. The market prices of private properties is determine by the top 25% income earners Singaporeans + foreigners.
How could we pegged the cost of HDB to market prices at a discount? It is downright wrong. I disagree with the use of opportunity cost to price HDB provide housing for the 75% of the people (from the bottom). If that is not the mandate of HDB, then what is their mandate?
Agree with you. I see the opportunity cost argument as just an excuse to fleece the people.
