The MP also pointed out that HDB flats depreciate with time in Singapore and are practically worthless when leases end
SINGAPORE: A topic that a number of Sengkang residents have brought up with Workers’ Party MP Jamus Lim is the affordability of public housing, he wrote in a Facebook post on Tuesday .
The issue of affordable housing has been debated in Parliament as recently as last year, and the Sengkang MP outlined the difference in the government’s stance versus that of the Workers’ Party. But why we differ in our beliefs about affordability is important to understand,” added the MP, who reaches Economics at ESSEC Business School.
Assoc Prof Lim further pointed out that affording housing in Singapore nearly always means both spouses need to work, which adds to household expenses as it necessitates additional childcare. .
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