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By: Comment by MAUREEN KOH
Of the 400 homeless families helped by the Ministry of Social and Family Development (MSF) from 2011 to 2013, three out of four had sold their HDB flats to settle financial woes.
Some had cashed out their flats out for a profit.
But they all realised later they could not afford another place and turned to the Government for help.
This issue resonated with The New Paper on Sunday's Heartland Auntie. She had a similar experience in 2002 after a failed business venture.
But on the advice of her husband, she did not sell off the flat.
She speaks to welfare workers and grassroots leaders about the issue.
Read the full report in our print edition on March 22. Subscribe to The New Paper, now available in print and digital, at http://bit.Iy/tnpeshop.
- See more at: http://www.tnp.sg/news/should-homel...fits-flat-sale-be-helped#sthash.61SCOKbA.dpuf
Of the 400 homeless families helped by the Ministry of Social and Family Development (MSF) from 2011 to 2013, three out of four had sold their HDB flats to settle financial woes.
Some had cashed out their flats out for a profit.
But they all realised later they could not afford another place and turned to the Government for help.
This issue resonated with The New Paper on Sunday's Heartland Auntie. She had a similar experience in 2002 after a failed business venture.
But on the advice of her husband, she did not sell off the flat.
She speaks to welfare workers and grassroots leaders about the issue.
Read the full report in our print edition on March 22. Subscribe to The New Paper, now available in print and digital, at http://bit.Iy/tnpeshop.
- See more at: http://www.tnp.sg/news/should-homel...fits-flat-sale-be-helped#sthash.61SCOKbA.dpuf