1. Supply demand, BTOs are under built and takes too long
2. Foreigners PR marrying Sporean, buy bto. They enter the BTO market this way.
3. PR couple can buy HDB as u know full well.. Many temporary PRs just anyhow buy knowing they only need to break even and pack up to live rent free...
dont forget valuation. you need a hdb valuer.. pap controls the game. pap is the problem.
very clear why desmond brush off LMW points. and very disgusting desmond throw the ball back to sinkies, say spliting hdb into 2 schemes is bad for sinkies asset appreciation.
hello, why should sinkies because they are born later, forced to pick up the slack from older people for public housing?
because is very clear. selling shrinkflated bto helps pap policy more, buff their reserves, lower their cpf load, lower their SWF kpi. this desmond dont dare say. but turn the focus to sinkies "retirement" aka downgrading smaller space.
in fact the retirment problem is also from high public housing prices that drained your cpf.