Tuesday, November 20, 2007

HDB not building enough flats!

Just read another "stupid" news about HDB today. It was said that HDB is afraid that what happened in 1998 (over-supply) will happen again, so therefore, they are not building more flats.

Why this is "stupid":
  1. HDB is suppose to be affordable housing. Therefore, one should not expect to make obscene profits on it. It's suppose to be affordable, and for us to have a roof over our heads. If the economy is doing well, property will also do well.
  2. Over the past 3 years, we have many reports where couples get queue numbers of 4 digits, and most are first timers. The number of flats available is usually in the low 3 digits. Does that mean anything to HDB??
  3. We have fights breaking out during the walk-in selection last year. Doesn't this tell anything about the demand for HDB flats? Instead of solving the problem, they disallow walk-in now! That's called delaying the problem, not solving it.

It's very ironical that the government is trying to promote more babies, and yet, through their "policies", they are actually discouraging couples from getting married and having kids. You can never win for all cases. One has to give.

They expected everyone got a raise like them?? Affordable housing? My ... ... ... ...

3 comments:

Rhinestic said...

oh yeah, their over supply in 1998 hoh.. same prob lar. they built so many flats that are sooooo inaccessible.. and at that time got no facilities (coz not developed yet)... who wants? juz like the jurong west flats... and the sand-blast area (you noe where) LOL....

chantc said...

I really do wonder if they ever do ground surveys before deciding where to build the HDB flats. It's real stupid to build flats next to a sand blasting area.

Rhinestic said...

aiyah, same thing loh, give false hopes to pple.. duh.

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