verykiasu2010:Of course there is no difference if you look at the end state of what each of them hold on their hands.your reasoning is irrational.
there is no difference between :
(1) someone bought HDB, sold it, moved to private, now want to buy HDB to downgrade and live in it and rent out the private for rental income for sustenance
and
(2) and existing HDB owner, accumulate enough cash, buy a private for investment income
In EFFECT : both are living in HDB and getting rental income from private property
There is no difference.
HDB owners are also rich - rich enough to own investment properties
So why penalise the private property owner who wish to downgrade to live in HDB flat ?
But if you look at the state of each of them when the HDB was purchased, they are totally different and that's what the govt is trying to separate now. Pte owner who downgrade can afford the hdb or another private property. The guy who bought the hdb and kept it while accumulating his/her funds had no other options when he applied for the hdb and that's what the hdb flats are for, isn't it? For pple who cannot afford non-public housing. If the govt dun block the pte prop owners from coming in, the present non-owners can never compete with these downgraders for a hdb flat. Then public housing policy has failed.

