BeerForBreakfast
Banned
- Joined
- May 9, 2022
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Not mistaken.Again my point is not about when the owners will pass away etc. They can stay there for 40 years or whatever... but if anyone is thinking that when all these landed property owners pass away in the next few decades you can snag and bargain and buy it cheap from their kids/grand kids etc, then they are going to be very mistaken.
Thats because you don't understand the math of supply and demand.
We don't even have to look at landed. The gov cleared massive amounts of forestry to build "cheap" BTOs for young people from humble backgrounds so those people moved out of their parents' dingy 3-4 room HDB in mature estates and moved to new BTO towns in the ulu areas of SG.
Every economist in the government worth their salt I have talked to know about this issue. The old people aged 80s and the boomers would pass away in the next 10 to 25 years and there would be a huge supply of vacated flats in mature HDB towns released back into the market.

the same schools will ballot in roughly the same distance categories, year after year. Not just talking about the top schools but the popular neighbourhood schools also.