SPP’s Performance in Parliament: On the Brink

[Confuseous]

So she wants to loosen the criteria for HDB ownership and allow citizens who turn 21 to buy HDB flats. Would this not already push upwards pressure on HDB prices, new and resale, as the pool of buyers has increased? This goes against her logic that “we understand the sky rocketing HDB prices”. Obviously she and SPP does not understand as they are worsening the problem by spurring demand. Supply already cannot keep up and more demand for flats is going to make the housing problem acute.

- http://chemgen.wordpress.com/2011/11/08/spps-performance-in-parliament-on-the-brink-of-disaster/