Why does HDB require us to pay the acrued interest , isn’t the cpf money our hard earned money safekeep for the purpose of buying a home..
And why are we paying interest to our money?
These is making the people fall into more debt.. is that what the government wants, that we are in debt and cannot have a quiet retirement, instead have to work even at old age to cover these debts..when the money is used for valid purpose ls and not spluring.
Government need to realise , we are their citizen not a foreigner, we should be protected from such debt. Not having to face more debts , as it is the cost of living is already high and still increasing with more gst , increase in all matters etc household bill, erp pricing,coe ,petrol tax, summons and home tax increae.. Where will find the money to have a family and save for our kids future . Even school fees are increasing.. so tell me how to retire as we grow older … Amid covid and no jobs, govrnment still require us to make these payments ..
Give us a break … We need to appreciate and care for the elder generation and let those with families to have some savings.. if this trend continues, i forsee Singapore have lesser babies and the young educated migrating to other countries to seek better future than singapore . .
Ease up on the rules n tax , and strengthen your peoples needs, give them better jobs, better opportunities, lower down on the cost of hdb housing and for resale ,ease on the tax and gst..
Not all of us are born with a silverspoon …
We are struglling day by day.. just to make sure all bills and needs are taken care.. and its getting harder everyday..
A wealthy nation doesnt mean a Happy nation.. if behind it is all the means to squeeze the people …
And not reward them for their hard work to build this nation ground up.
Please be a caring and thoughtful leader.. not someone who only commands and does not know how the people are suffering….
We need a peoples leader, someone from the Middle income or low income family to rise..
Maybe one day… I pray for out kids future..
