The two of
you's suggestions are very dangerous.
ahhaha your England very powderful
Do you know what is going to happen?
The price gap between private and public housing will open so wide that there will be a revolt from the 80% of Singaporeans who belong to the "less fortunate / lower income group".
You are such a pessemist.. i would believe this could inspire the lower income group to strive and work harder to get onto the next higher income level ..
At least now, Granny Yeo and her daughter can take some comfort that their $30,000 Marine Parade HDB 5-room flat, bought in the 1970's, is now commanding $500,000, even though it cannot compare with say, a hypothetical rich cousin, the lawyer, who bought her Queen Astrid Park bungalow, also in the 1970's, for $500,000 but which is now commanding $26.8 million.