The Solution to Runaway Affordability of Landed Freehold Houses?

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The Solution to Runaway Affordability of Landed Freehold Houses?

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30-12-2024, 02:40 PM

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The Solution to Runaway Affordability of Landed Freehold Houses?

An honorable member of the Coffee Shop Has Just Posted the Following:

https://www.businesstimes.com.sg/op...ded-home-does-not-imply-lower-standard-living

I have said it before and will say it again.

The root cause is the non level playing field that freehold and 999year leases endow on the owners and their inheritors.

Remove the freehold and 999yr clauses. Introduce 99year limits on ownership and you will see all classes of properties trend down.

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