I need to point out an issue i find in policy makers. They claim they do certain policies because people prefer a certain way and some dont. The question is : 1. How do they prove HOW Many prefer and how many dont? 2. How do they prove what they claim based on independently audited process?

Appreciate Desmond Lee's candid replies and hardwork but I think a lot of homeowners rather have cheap affordable housing and fuck it about house as an growing asset. It's public housing for goodness sake.

@alui5362

4 ай бұрын

then should CPF not be useable for housing, since we're throwing away the assumption that housing is a form of retirement saving/investment?

@nanopulp

4 ай бұрын

There's 2.5% p.a. kind of savings/investment... And then there's windfall level of "investment" which is basically just elders frontrunning the youth. Can't have your cake and eat it too, which is what exactly some folks are relying on for their retirement.

@NinJa-qr1sp

4 ай бұрын

​​@@alui5362 When you start throwing in the term investment for people's HOME. A basic necessity for survival. That's when greed steps in and we see the excessive property flipping of the self entitled behavior that has infested the Singapore society.

Great questions by Haresh. I like how you gave examples which gave context to the questions you posed to the minister. Could tell you did your research and was well prepared for this podcast. In contrast you seemed much less prepared for your podcast with Sharul, or at least caught off guard by her crass responses. Also, i wish you and Terence had brought up the issues that same-sex couples face in owning a hdb. Would have been interesting to see the minister challenged on his party's position on this, since he seems to espouse inclusivity and diversity in housing estates

Very soft interview in my opinion, no hard question is asked. We as Singaporean should never accept housing price to increase 20/25% a year. Even at this current point in time our govt is still playing catch up to ever increase prices, good policies are supposed to be ahead of the price curve and not being reactive until price increase. So much alarm were sounded during 2020-2022 by various experts that more hard policies should be implemented but our minister is really slow to react. I feel the interview let our minister off too easily. Also it is a mistake for the minister to say openly that we should not let our housing price crash. Making such statement will just embolden speculators to enter market because they know the govt will support prices in the event if prices have a bad downturn.

@Jack-hy2ki

4 ай бұрын

U think this is debate or Parliament? 😂😂😂

@jj96432

4 ай бұрын

ure talking about an ideal situation la. I havent seen a country that can properly manage housing price

@JeremyTanWY

4 ай бұрын

Yup fkin soft

@cdang8742

4 ай бұрын

​@@Jack-hy2ki huh ? Just ask him questions in a podcast? Isnt that what this is about?

@cdang8742

4 ай бұрын

​@@jj96432many times alot of foreigners kept saying to us that we Singaporean dont know what it is like outside of Singapore. Actually alot of Singaporean is well travelled we also appreciate what our govt did. However in this situation we should hold them accountable for mismanagement. It is only the right thing to do.

Gòod interviewers, asking the right questions.

To boost increase in kids, please consider increasing the size of four room flats. The bto is too squeazy.

@windydragon6522

4 ай бұрын

They can say last time 3-rm flats people gave birth to lotsa kids till must force them to stop at two.

I think this is an insightful interview which does provide a lot of details on the thought process on the current changes made within the HDB side. However, as the population is ageing, I hope to know more what does the minister think how can the current road map help to like provide a more comfortable and convenient life for the elderly? Especially the newer HDB are built like so tall, in the even of emergency how are the elderly going to escape?

we don't own our HDB flats, we do not own the leasehold/ strata. HDB owns that. so in effect, we are renting from HDB via a loan because when the lease is up, we return the block to HDB... what happens when the lease is up and most people have used up their CPF to pay for this?

@JordanChewMusic

4 ай бұрын

Don’t be uneducated. You can’t sell something you don’t own. If you wanna sell your flat, you can do it anytime as long as you meet the MOP period.

@aneetkaur9924

4 ай бұрын

@@JordanChewMusic I think you need to educate yourself more. You can sell only during the time you 'own' it .. we don't own the lease nor the strata. HDB owns that. For eg , when one buys a 99year condo , owner owns the strata/ lease . They will be paid back the value of the property. Whereas the value of hdb flats go down after a certain number of years. Banks also don't give loans to new buyers if property is above 40 years old . have you asked what happens when the lease ends? The 99 years? Because I have when my MP came to my house during elections . it goes back to HDB.. we will be given some kind priority for the next flat but we still have to pay market rate or whatever hdb chooses to sell it for

@JordanChewMusic

4 ай бұрын

If you had paid your hdb flat in full u actually receive a certificate in ownership. Condo 99 years and hdb 99 years no diff. When your condo lease hits 99 years you’ll have to give it up as well, the value drops to 0. The difference is, for condo there is always enbloc going on by private developers as private land is worth more than hdb and not controlled by hdb. But if there isn’t any enbloc, the land will be worth 0 to the owner as well, then the next developer will come along and bid for a fresh 99 year lease. Why do you want to be so affected over the 99 year lease? You’re not going to outlive your hdb flat. And even if you have children, they’ll probably go and buy new flats themselves instead of wanting their parents “inheritance of a hdb flat”. So back to your statement, when you buy a 99 years lease condo, it’s as good as saying that you’re renting from the developer lor. If I were to agree with your Hdb statement.

@aneetkaur9924

4 ай бұрын

@@JordanChewMusic there is a huge difference between 99 years lease for private vs hdb ownership .. anyway I am tired of typing..

at the rate of demand and prices going up on resale market, i think the idea of reselling back property to government seems more sensible. Given that there are currently alot of speculators in the market and people attempting to strike windfall (driving up market value) from the existing property. i think we are slowly deviating from the whole objective of public housing

@singaporesingapore9729

2 ай бұрын

Chinese concept of public housing Is for staying...Not for a investment. Profit ..

minister Desmond Lee give a very gd insight. so many policies to meet the needs of different group of people. it so diverse. Singapore is indeed unique one

@windydragon6522

4 ай бұрын

Our unique difference is our males must serve ns. In war, our able bodied males are expected to put their lives on the line.

@noproblematallmate

3 ай бұрын

​​@@windydragon6522as opposed to hiding at home and hope that other males defend the females in your house.

I think very good thought process, =)

I think Minister DL has done a great job in explaining the current economic housing situation through this medium. I appreciate his transparency.

@LonganLee

27 күн бұрын

Transparency? What is the actual cost of building a flat, any flat? And how much is it sold to the peasants. Define what you mean by transparent

Enjoyed this episode! Appreciated the moments it felt like H & T were having an exclusive Meet-the-People session with Minister Lee.

Great video! I wish more politicians in the U.S. could be like this minister

Why I say, what they claim is not convincing enough : 1. We can use the same excuse or reason for any price priced on hdb flat by saying SG Is LandScarce. For example, hdb @ $1m we can say landscarce and or demand. If hdb at $2m we can say the same. If at $3m we can say the same. So, do you see my point? Qualitative answers are not qualitative. We need Transparency and Independent Audit

Minister Lee thanks for taking your time to answer in great details. I am glad that there are people who looks into small issues which can add up. An insightful man.

This is very open and insightful. I appreciate the earnest work of the public servants , and all the work that goes into managing housing for citizens .❤ Thank you.

how abt all hdb en block all 13 floor and rebuild it to 20 floors

To my surprise DL explain very well. His job is not a easy one to ensure we all have a place call home. DL please keep up the good work and many good years ahead, cheers bro!

What about questions on: 1) how to encourage young couples to have more children when HDB units are getting smaller and smaller? ; 2) what's his though on million dollar HDB resale price?

Resale pricing is low is due to the valuation that does not show transpparency.

Good interview. I wish more can be done to allow Singaporeans to buy BTO.

I am so dying to live in the prime areas like Orchard road. Are you planning to build a HDB estate there ?

@Callsign-Blade_RunnerSG

4 ай бұрын

Not for me though. Too noisy, too crowded and certainly not children friendly. I rather live in the outskirts of the city.

I don’t usually say this for PAP ministers but I like this Minister, he’s open to ideas and feedbacks. He weighs the pros and cons and explains coherently on the HDB issues. 👍🏼 However, I must feedback that the newer BTO HDB flats are too cramp for families with young children and please build more larger 5 room flats. Regards

@AIisMyBff

4 ай бұрын

Really too small hence, some people start making out in their cars...in mscp. 😂😂😂

@Jack-hy2ki

4 ай бұрын

​@AIisMyBff u think those living in landed don't do it in car? It's the thrill they want. Be it living in HDB or landed.

@1965Singaporean

4 ай бұрын

Yes, and must build a third tiolet for call of nature. Shower can wait but Lau sia cannot 😂😂😂 especially in the morning for kids that need to go school.

@LonganLee

27 күн бұрын

HOUSING problems not linked to Housing Policies at all or do they? Who make the Policies?

Very insightful video and gives clear picture about good work of Govt. They should publish their views more often. Otherwise we are at mercy of builders researchers and experts only who mislead us for their own interest. Media companies like BT and ST are their mouthpiece as get huge advertising from them apart from charging subscription from us. Correct situation is not to be found unless you watch videos like these

Interesting podcast W Minister Desmond Lee. Kudos to your team

Many Singaporean families and seniors citizens who are unemployed and have long-term health conditions can't even rent a rental flat from HDB and are forced to rent high price rental room and suffering heavy financial burdens because HDB keep using policy to block them from renting HDB public rental flats. Instead of helping them, worst all the rental flats are reserved for bto customers and new citizens. HDB should change their policy for rental flats for Singaporean senior and families who have medical long term burdens.

I see your section was mislabelled as One Shiong Thing. This could actually be an idea.

i like this guy, he's challenging the status quo, hope there's some mileage

@thisisgerald

4 ай бұрын

i really like Haresh and Terrence too. they are indeed challenging the status quo for podcasts in Singapore.

@themusicgaragetmg2330

4 ай бұрын

sure sure...

@hatchegg80

4 ай бұрын

@@thisisgerald look, if shanm and desmond lee, comes, they know there's value. btw, all 3 today went to the same secondary school

Will he be perceived as being too soft if given PMship?

1. Can't let the market force to determine the prices of resell HDB, State needs to intervene prices 2. Revert back to valuation methods with certain percentage of COB 3. Open up 5 rooms and bigger size HDB units for senior above 55 y old to purchase But facing challenges as prices have gone sky high!

govt hv to reduced rebates to companies or subsidy them give employee more take home salary and employer contribution to cpf return back to 20%

Could it be foreigners are buying our housings that prices keep going up?

@Jack-hy2ki

4 ай бұрын

U know foreigners can not buy BTO/resale unless PR who can only buy resale? Also even PR needs to be at least 3 years as PR then can buy resales.

@JeffDayz

4 ай бұрын

​@@Jack-hy2ki PR + Singaporean can buy BTO instantly, no need wait :)

@Jack-hy2ki

4 ай бұрын

@JeffDayz yes. But then it is still becos of Singaporean privilege that's why they can buy as PR. 2 PR also need to wait 3 years as PR.

Thks. Very good discussions

HDB flat resale price is within the control of HDB as valuation for the flat is done by HDB valuers.

@Jack-hy2ki

4 ай бұрын

U outdated already lah. 1. Valuers r not from HDB. They r pte valuer. 2. Now is buyer n seller agreed to the price then valuer value the house. So before the buyer n seller agreed to the price n signed the otp (option to purchase), both of them do not know the value of the house.

no point asking for answer to those minister they are millionairs lol

hdb are unaffordable be it at age 50s single still can't afford bto

Monologue?

Can a lease be called an asset even if you can transfer it for a profit but will be worthless after the lease runs out? Covid did screw up the market but I still think the BTO prices are way too high and causing the resale market to go up as well. Why do HDB needs to make such exuberance profits when it’s a government agency to provide affordable housing?

@Jack-hy2ki

4 ай бұрын

Not a lease as in rental. It's leasehold as in own it within the years stated. The leasee in the purchase contract doesn't mean tenant. The leasee in the purchase contract means owner of leasehold property. In a rental contract leasee means tenant. Lastly, when we buy HDB we already know it's a leasehold property.

@Jack-hy2ki

4 ай бұрын

As for the price of BTO, it is driven by the resales market not the BTO drive the resale market. Why is it so. Cause the value for resale not set by the gov but by the sellers aka owners. As to balance the market of BTO n resale, the price of BTO can not be too far from the resale market price. If BTO price n resale price too far apart, no one will want to buy resale n then the resale market will crash. U want the BTO price to be cheaper, u have to ask all sellers aka owners to not profit at all and sell at loss.

@TigerAce205

4 ай бұрын

This is a 'you can't have your cake and eat it' problem. Getting public house to be affordable and yet be profitable is two market force tearing each other. The fortunate one will inheritance assets from previous generations while the poor will have to suck it up and rent or buy terrible location. At the end of day, HDB will end up angering both side the profiteering and the first time homeowner.

Land cost accts for a fair bit of the hdb cost today

I opine. For the inflated prices I am paying for building and construction products and services, the quality is amazingly low. It is interesting that for the huge amount of investments made in building homes in SG, this sector's productivity and innovation is very much similar to developing countries around us. In fact, I think our neighbours are catching up or are offering better quality and services. Perhaps a demand for quality don't matter when the purpose of property is purely for renting or flipping.

With high expectations come high disappointment. The whole episode is merely a Q&A session to amplify the ministry's message. No hard questions to challenge whether the policies are working or it's merely a stop gap measure.

@Pvet91

4 ай бұрын

Policy just launched, will at least be 5 years before we know if it’s working not

40k in 1980 till now prefab that cost few 100SK is it affordable no

Desmond a minister Who willing to listen To the people

The escalating HDB resale prices exacerbate the challenges faced by singles, widows, and divorcees in securing housing, intensifying their struggle to find a suitable home. As sqft of pre-fab houses keep getting smaller, singles are less inclined to live in mickey-mouse 2-room flexi BTO flats. HDB should not restrict singles solely to 2-room flexi BTO and HDB should revise the income ceiling of 7k upwards - given a good pool of >35yo do not qualify yet are not rich to afford private. @ Minister Desmond Tan, looking forward for the day this issue is addressed.

I like MP Desmond 😊

So who can buy on resale mkt?

I like how sg can suddenly take away the SA thingie. Sudden in terms of the way it was announced to the population caught many surprised. Hope to see more policies like this going forward eg if another change to CPF policies that can amaze cpf members

cpf contribution from employer hv not return back to 20% and salary stagnant for decade for low and mid levels and inflation and GST and indirect taxes eats up their take home income

I struggle to understand what the hosts are trying to ask. The questions are so long.

Without openness and transparency in government there is no real accountability.

He is an awesome guy

The problem with our housing is BTO. You need to find a balance to build ahead of demand and not build to order . They still don’t get it

credit where credit is due, this minister knows his sh**

singapore citizens population is shrinking and aging rapidly , however the demand for HDB is rising, this seems to be a good issue to have.

reduced the time frame to rent out and sell by 3 yrs only 2 yrs need to hold on

Public housing needs reform to make housing more affordable, and large chunk of income go to service the mortgages. This will allow married couples to have more children and also creating more entrepreneurs.

@user47362

4 ай бұрын

It's a feature, not a bug... Who will be part of the working class if you don't hold a sizable part of the populace captive with large mortgages

Evidently, the Development Minister had admitted that Public Housing is not affordable to some sectors of Singaporeans and which was denied in Parliament.

Getting ground feedbacks is vital for making for fair n just policies.

The more I look at his face (extraordinary facial features btw), the more I think he's not just Peranakan Chinese, he's a mix of everything - Peranakan + Chinese + India + Indigenous folks in Borneo (Sabah & Sarawak). He's even got curly hair

Talking so much bullshit. Currently, so many one million dollar hdb flats and you call this stablising? Nonsense. The price has gone out of control. Stop lying to singaporean.

the backlog and current Queue will add up and fucking prices shot up

CDC VOUCHERS.....EVERYDAY.....THANKS

Don’t make Singapore like Hong Kong and New York.

We are so bless to have these great ministers to serve our nation. Keep up the good job

But you don't really own a LEASEHOLD. So it's a bit tricky.

MAKE THE MONEY IN SINGAPORE SPEND THE MONEY IN JOHORE

ha ha u think he know?

not bad, we have good ministers. better than malaysia

afterall is not solving the problems. No solution was given

This days, the younger generation are worst off than their parents in term of housing. The biggest HDB flat they can get from BTO is a 5 room flat which is about the size of their parent’s 4 room flat. $$ amount increased, flat size getting smaller. Double whammy.

Am thinking of becoming a KZreadr too. Care to share roughly how much is sponsorship like these?

I just listened to Minister Desmond Lee talking about 40% of applicants given a queue number declining to choose a HDB flat. And that this discovery came about during the Forward Singapore discussions. This is quite a novel way to stumble upon such statistics and does not in any way engender confidence on how the MND folks understand the ground. It should have been obvious to any amateur that people will always try to game the system, and that you should always survey your target groups to see what concerns are dominant. This is an example of over-reliance on bureaucratic intelligence when a simple conversation with ordinary people would have sufficed ten years ago. Very disappointed!

Are we truly home owners? HDB's contract defines us as lessee.

@Jack-hy2ki

4 ай бұрын

The leasee in the purchase contract means owner of leasehold property. In a rental contract leasee means tenant.

@Jack-hy2ki

4 ай бұрын

From google: In a leasehold land, the authority (usually, a government agency) remains the owner of the land and gives the land to builders, to develop apartment projects on a leasehold basis. Anyone who buys a residential flat, will own it only for the leasehold period. The keyword is "will own it".

@Maris_S28

4 ай бұрын

@@Jack-hy2kithe lessor is the owner of the building and land aka landlord - Google it .

Rules too complicated thats the word ..and many restrictions for low income ppl to get a flat or upgrade thats what i can say ....and low income need stays with same small unit till retirement for some ...sell unit also cannot support son's flat downpayment sometimes .. and for low income ...how the son going to apply for a flat if now flats are near parents? They cannot get more grants

@Jack-hy2ki

4 ай бұрын

U must be those that think there are perfect solution n perfect policies in this world. How old r u? Still having mentality that there r perfection in this world? R u perfect?

@themusicgaragetmg2330

4 ай бұрын

You've missed the point... the main issue is over priced...

@LonganLee

4 ай бұрын

The real rich are not affected by fines like traffic fines. But to the non-rich, it can be devastating. Food for thought about fines. Same fine, same law. Same same but Different effects. Numerous examples also eg. A $100k COE is devastating to many people but it's like nothing to a real rich. So what does COE result in what kind of SG?

@Humorousguy64

3 ай бұрын

Jack is a kind of person that talk big .. pls dont ever look down on poor family like me you sucker jack

@Humorousguy64

3 ай бұрын

You are lucky to be yourself today thats all ...im 60 years old ...dont think you are older then me and long way for you n family to go ...anything can happen okay jack pls fxxx off from here

Besides external factors that are beyond control, the PAP government are also responsible for various unnecessary increases especially when the economy is not in deficit but actually added reserves. If HDB is making losses year after year and need to increase the price, it need to take a close look how the accounting is done or the CEO should have been fired long ago, HDB close down and let the private sector served this market. HDB is no more building affordable homes for the people but quietly profiting by transferring gains elsewhere and losses to the people.

yr policies on age 40 comes way too late as I hv not buy any units or private hv a gf waited few chance waiting till nothing comes and broke up this is shit

When the stock market goes on bull run for quarter and years and goes beyond the fundamentals, market correction will bound to occur. Hdb resale market has been on the bull run for the past 3 years, a market correct is definite required.

When can we see HDBs in GCB enclaves and in Sentosa? Has HDB's valuation been matching the million dollar HDB unit sales? Is an increasing number of million dollar flats an issue?

greedy to the agency hdb and those policies maker sane to the minister hdb is way out of reach to any ages the 25-30yr loans that tied the person or couple it really sucks to the core

He's just gaslighting us about people preferring to making their choice. I'm sure there are people who wants to do that but if BTO are more affordable, I'm sure there are people who are happy to just have a house and not try to sell open market and profit from it. You cannot be making policy just by taking to a few person.

Why is old hdb from 4 room,5 roomer.at over am 1 million.who is actual buying at over a million.not even 70 years left.dont you think very controversy hdb is for all singaporean born.price are keep at the level low ,affordable.not open market price .if you allow public hdb house as am open market price.is as good as private property market.but this is not.to buy hdb.you got no freedom.sop 5 years.cant rent rent to tenant.only meet the requirement them allow.pls follow the malaysia bumiputra,or indonesia hak milik/hak pakai.thay protect their citizen.look at their population.look at singapoean polulation.just pass 3 m population.you still cant provided a roof for all singapore.some with your cpf being tie down.even loans over 25 years or 30 year loans.still not the ownership.land is free.building is build,unit is structure.price keep flatulate.you cant pass your house to your childrens/grantchild/anak atau cucu.tolong jgn merepek.🙏🙏🙏

Wow! PAP is obviously the only responsible and reliable party in s'pore.❤❤

I was being sarcastic.

Policy blatantly giving in to property flipping greed. Talk about importance of home ownership but allow public housing to be rented out for individual greed and excessive price speculation which affects genuine HOME seekers.

So far so good. LKY is right in citing HDB as growing assets.

While we welcome foreign investment and its people, we must doubly invest in our own Singaporeans and things Singapore! Instead of saying oftentimes Singapore rely only on foreigners, perhaps rephrase to give your own people more opportunities, grooming and opportunities. Relying on outsiders seems to have imbedded in all our minds and we seemed to live by that not knowing how/why/what to rely on ourselves. There are no reasons Singaporeans cannot afford to buy their own house in their own country. But to be able to afford elsewhere...it's a shame. We are a very small country and overpopulated and over government staffing. Whether one dare to challenge and improve on our PAP dragonia policies in Singapore.

@Jack-hy2ki

4 ай бұрын

Heard of skill future? This is not invest in local? Even PR don't have skill future. Helping us to up skills is already giving us more opportunities and of cos also grooming the locals. Keep making noise and blaming others will not give u more opportunities neither it will not groom u to have better competitiveness. We r given the rod and taught how to fish. Still it depends on whether we want to fish.

Does it address WHY housing prices so high? I only heard they easy the system for you to be their slave. Give chicken wing and take whole chicken back.

Highly overpriced 99 years hdb leased properties will be lifetime burden to Singaporeans.

@Jack-hy2ki

4 ай бұрын

Upgrade yourself.

now is 2024 don't talk abt the covid period lol

No Land No HDB Housing. No raw materials to build, expensive importation. No Construction Workers locally. Capitalist system does not work. Go to Russia and look at their Housing System. State Owned. Go to the UK, Councils and Housing Association owns public housing. ALL Renting at an affordable rate. House Ownership in SG is a distant dream. Look at Japan. You hv to spend 70% of your income on Rent and amenities in SG is hopeless. Home ownership is now leasehold with HDB Flat. LKY and PAP had a good run politically but forgot SG is a small island with NO LAND.

JUST RETURN CITIZENS' CPF.....SA RA MEDISAVE+ INTEREST

@Buttercookies0

4 ай бұрын

You are rushing to Batam??

@JO-fs9di

4 ай бұрын

Of course... Give up your nationality? U can go Batam already 😂😂

If a policy or rules are good, why so complex? Complexity suggests a problem

@Jack-hy2ki

4 ай бұрын

Cos u r too simple minded n only looking at small pic.

@LonganLee

4 ай бұрын

@@Jack-hy2kiyour words are not harsh enough. No kick leh. Please try harder. CPF system. So bloody complex , complicated even your simple brain won't understand everything. I look forward to your harsher , stronger rebuttal. Else I not impressed. Like when you use a fork to fork a piece of meat like abalone, you need to fork hard. Else, it won't fork and the abaloney laugh at you , look down on your fork

@LonganLee

4 ай бұрын

Complexity is when you are unable to simplify. So who will understand? When it comes to Public Policies, it's only fair if the public can understand policies affecting them

@JO-fs9di

4 ай бұрын

So obviously a problem is complicated, then the policies will need to accommodate such complexities? I mean, is common sense? A problem for you, maybe another problem for different people, or even a benefit for other. These policies need to balance out the different agenda or problems for different people. U mean you dun understand this basic? 😅😅

@Jack-hy2ki

4 ай бұрын

@LonganLee Then u should attend CPF Q&A seminar. Every month they have a few dates for the seminar. U can book via CPF website. This way your simple mind will understand already. Also u will be able to look at the bigger picture. If not u will only know how to kpkb and making urself look stupid.

HDB BTO.....A BIG BIG 99 YEAR HEADACHES ADVICE TO OUR YOUNG....GET A FREEHOLD HOME...BUNGALOW👍👍👍👍👍

@Jack-hy2ki

4 ай бұрын

Read land requisition law. Freehold also can take back for nation development.

“Stewardship” 😊

HDB should stop building 2rm flats that are 38sqm. They are just too small and not ideal for any human to live in. Shouldn't the govt take care of people's mental health??

@Jack-hy2ki

4 ай бұрын

Who say not ideal for humans? Why u can stay in your hotel room? 😂

to many PR alien 👽 buy hdb

Very soft interview and full of excuses with housing still remain un-affordable

Who are you to play god onbehalf of Singaporeans senior citizens.

It will crash.