[ad_1]
After a netizen, Ms Serene Ho attributed a comment to Madam Ho Ching, former Temasek CEO and spouse of Prime Minister Lee Hsien Loong, Mdm Ho Ching then wrote, “It’s nice you probably have a unique opinion, however it’s not sincere to place phrases into another person’s mouth, ya?”
On Wednesday (Dec 14), Ms Serene Ho wrote, “Ho Ching mentioned that we don’t personal our HDB flats and we’re merely paying lease upfront for long run leases. So why are we paying property taxes for residences we don’t personal?”
This seems to be in response to Mdm Ho Ching’s Fb put up from Dec 12, whereby she mentioned that shopping for an HDB flat with lump sum cost is like paying lease with out inflation for many years, which additionally retains housing prices low.
Since then, there was an trade of opinions between Mdm Ho Ching and the netizen, Ms Serene Ho.
Mdm Ho Ching proceeded to put in writing an analogy about HDB flats as rental schemes, evaluating proudly owning such a flat to proudly owning an apple and the variety of issues an individual can do with an apple.
Amongst different issues, the Prime Minister’s spouse wrote, “Don’t spin cock and bull about land for HDB needs to be free in order that patrons can get pleasure from an even bigger windfall than they have already got. And don’t spin an excuse to not pay taxes. Taxes are an obligation for everybody, to fund and assist widespread important providers for the widespread good. We can’t need low-cost housing on the one hand, and free training, whereas paying no taxes.”
Ms Serene Ho, on her half, thanked Mdm Ho for commenting on her put up and defined, “It definitely was not my intention to place phrases in your mouth and I apologise for those who misconstrued my intention.”
“I was merely attempting to level out that your suggestion to treat the flat buy value as long run upfront rental is just too simplistic and deceptive.
Most can’t afford to cough out this one time upfront cost and might want to pay curiosity for loans they take. Moreover, the ‘low cost’ lease charge they pay will solely apply if they preserve the flat for the complete tenure of the land.
If they get rid of the flat earlier the ‘lease’ modifications relying on how quickly the flat was bought off. I wasn’t suggesting that folks don’t pay their taxes however in true rental conditions, there’s actually no must pay property taxes, upgrading or upkeep charges,” Ms Serene Ho added. /TISG
Ho Ching: Shopping for HDB flat with lump sum cost is like paying lease with out inflation for many years; retains housing value low
Ship in your scoops to information@theindependent.sg
– Commercial –
[ad_2]
Source link
