One possible solution is to raise the income ceiling for families buying directly from HDB. Currently, families who earn more than $8,000 are unable to purchase direct from HDB, while those earning between $8-10,000 can only purchase DBSS flats. The 'sandwiched class' — those with slightly higher incomes unable to purchase direct from HDB or qualify for direct loans from the government — would thus qualify for HDB units and avoid unnecessary loans and debts. Full story
OPINION: What could be the next housing policies? - Sheena Chua
One possible solution is to raise the income ceiling for families buying directly from HDB. Currently, families who earn more than $8,000 are unable to purchase direct from HDB, while those earning between $8-10,000 can only purchase DBSS flats. The 'sandwiched class' — those with slightly higher incomes unable to purchase direct from HDB or qualify for direct loans from the government — would thus qualify for HDB units and avoid unnecessary loans and debts. Full story
