hopefully price will not increase as much as the last 5 years... else they going to pull stunts of hdb is affordable...
its very easy to make it affordable...
1) build smaller and smaller flats... 3 rooms flats are being rebuilt... to absolute price is smaller... they will say if you cannot affordable... buy 3 room flats.
or even more drastic, built 2 rooms flats.
2) extend the loan time... this time is 30 years... extend it to 40 years, 50 years or even best, 99 years which is the hdb lease period... use 2 generations to pay off the hdb loan....
Canon EOS 500D | Tamron 17-50mm f2.8 non vc
and the Kop sings, "You'll never walk alone"
When someone visited HK, he did not meet the so-called "guy in charge" Donald Tsang. Instead he met the people/developers who had much $ influence in HK.
Last edited by ricohflex; 20th July 2011 at 02:19 PM.