When Singaporeans cannot retire today, the fault lies squarely on the PAP

On Singapore’s public housing, here are somethings to note: (1) Singapore’s HDB public housing is provided to Singaporeans at the expense of their retirement i.e. Singaporeans’ CPF funds are being depleted to fund the PAP government’s HDB. (2) Since HDB resale prices are falling and individuals’ CPF have been used to pay for high HDB resale flat prices when they bought it, people will not have enough to retire, and they will not be able to monetise enough from their flats to retire. (3) HDB flats have always been meant…

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