And your understanding of subsidy is completely out of this planet.
So even if the govt sells you a flat $1 below an independent valuation, they have subsidised it?
Why don't you do a poll, see how many people agree with that?
Prob only one person who swears not to post here any more.
So even if the govt sells you a flat $1 below an independent valuation, they have subsidised it?
Why don't you do a poll, see how many people agree with that?
Prob only one person who swears not to post here any more.
Your car analogy is completely wrong. If you look at the buying patterns of HDB flats vs Private, you would see that the choices made are based on VALUE and not PRICE alone. If in the same zone, a HDB flat provides more VALUE than private property, who has 'subsidised' that VALUE? Take a guess, its 3 letters......