23 Apr '11, 3am

Mr Wang Says So: Mah Bow Tan is "Proud" of the Asset Enhancement Policy #sgelections #ge2011

Mr Wang, I'd like to point out there's one group who may 'benefit' from asset enhancement - those living in 5-room flats who do not have kids and intend to downgrade for retirement. Those living in 3 or 4-room, who do not have kids needing to marry and buy flats, may be neutral or even foolishly happy about their flats' price increase. Even those with kids who need to buy flats may think more about themselves rather than their kids and support asset enhancement. Generally Siingaporeans see HDB flats as investments and not as the homes to live in that you mentioned. They like to see their flat prices go up and not down. Therefore Minister Mah will still win the upcoming election.

Full article: http://mrwangsaysso.blogspot.com/2011/04/mah-bow-tan-is-p...

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