Daily Archives: 2014-08-22

Will the Lease Buyback Scheme increase intergenerational inequality?

By Aloysius Chia Recently, it was announced during the National Day Rally that the Lease Buyback Scheme will be extended to four-room flats. Although details are still forthcoming, there seems to be a detail that seems to be missed entirely, and scarcely mentioned. Inherent in the scheme is the idea to allow those who have retired or who are elderly …

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