Recent suggestion for changes on housing loans using CPF.

[Wt_know]

there is only 1 way to turn CPF into “cold hard cash”

please guess ...

[Showster]

Do you see what I see?

[Wt_know]

raising the age ... what-the-fish

lai liao ... brace brace for emergency ...

 

Do you see what I see?C0B52F83-615C-41A1-83C2-9E90144D0EB6.jpeg

[AT_AT1]

Not surprised, siao liao

[Pocy]

market = supply and demand

Cannot use CPF = low demand (many can’t afford) = HDB prices will not reach current levels

 

Same for medisave

[Kklee]

IMHO.

 

I recall once upon a time ago,   people moved to HDB, especially from squatters.

HDB is the builder and banker, using CPF to pay.

I would say that HDB and CPF exist to let any family afford a home.

I vaguely recall something like a HDB flat is somehow, with limits, protected from bankruptcy

and the HPS helps when there is death.

I guess while the HDB/CPF are not important for some, it may be important to young or low

income families, especially those which are single income.

 

Of course now that the home is afforded,  can sit at home and lament about money and retirement.  

 

[Tiger1]

Cannot use cpf to pay, how much would they be selling a flat for? 80k? 100k?

 

I dare them to flip policy and move that cpf goal pole again. Okok... They dare.