27 May '11, 2pm

Tin Pei Ling ponders on HDB income ceiling online

Tin Pei Ling ponders on HDB income ceiling online

MEMBER of Parliament for Marine Parade GRC - Tin Pei Ling - addressed the issue of income ceilings for housing on her Facebook page on Friday, in a post entitled 'Short note on housing 1: Income Ceiling - a 'ceiling' that stifles? Likely.' She justified the need for the income ceiling and suggested ways to determine and set the ceiling. Here's an excerpt of her post below, carried exactly as is posted online: 1) Should there be a ceiling? I think there should still be one, so that only those who need public housing will benefit. This is the true spirit of HDB. (2) How should we set this ceiling? Right now, we use total gross income of all persons listed in the Application Form. But other measures are possible too, e.g. disposable income. Although this raises a separate discussion - what kinds of expenditure is 'must spend', and what is 'would like to be able to spend'. All...

Full article: http://www.straitstimes.com/GeneralElection/News/Story/ST...

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