20 Jun '11, 3am

Our reader says HDB should consider allowing all income groups to apply for flats. Hear his argument here:

I REFER to the buzz on raising the income ceiling for buyers of HDB flats from the current $8,000 to $10,000. The proposed change will be beneficial only to a small segment of our population. And it can only be a short-term fix, especially with rising incomes. I suggest that the Housing Board look into allowing all income groups to apply for HDB flats. To make sure that families with lesser household incomes have a higher chance of getting a flat, a system similar to the one which gives first-time flat buyers a better chance than upgraders could be used. The chances of getting a new flat directly from the HDB can be varied according to different ranges of household incomes. For example, a family with a household income of between $6,000 and $8,000 would stand a higher chance of getting a flat than a family with an income of between $8,000 and $10,000. The percentage of new...

Full article: http://www.straitstimes.com/STForum/Story/STIStory_681709...

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