Tuesday, February 19, 2008

 

Post No. 299

Hi all,

Im awake and all ready for work again.
The morning started disturbing enough again... I strongly believe i should stop reading the papers. I cant seem to grasp what my dearest leaders are thinking and it definately didnt help that their words are captured and publish in just about every major newspaper. I hope the circulation of the papers remains locally.


"HDB flat still very affordable for average S'porean
Some get up to $88k in subsidies, says Mah Bow Tan; also flats still cheap enough for families to use CPF for full mortgage payments

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And flats are still cheap enough for families to be able to fund their mortgage instalments entirely from Central Provident Fund (CPF) contributions - without the need to stump up cash
.
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Mr Mah said: 'A recent Ministry of Finance simulation estimated that the typical young low-income household could enjoy housing subsidies worth about $88,000.'
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By Alvin Foo " - ST

Anyone knows just how much subsidies does the majorityrest of the population gets? There are 2 sides of the coin...i think alot of us would appreciate measures that directly affects the general population...

And really....reporting news that affects 5% of the population is definately a waste of space/time.

Regards
Disappointed..
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