Hey Bro!!! You're still around!!!
How come there's a F4 Buddies?! Strange. I thought me, EJ, Steve and J. Go were the original F4 who fought GMS?
(a) SLA jacks up land price
(b) HDB pays SLA for the land (left hand pays right hand), then claims it is making no profit on HDB flats
(c) SLA transfer proceeds to Temasek Holdings for "investment"
(d) Temasek allegedly makes 12 percent compounded p.a.
(e) CPF pays 2.5 percent p.a.
(f) Then we borrow from CPF to pay for HDB flats at 2.6 percent p.a.
(g) Property prices skyrocket due to foreign purchases
(h) HDB pegs its flats to general property prices, gives a token discount, and then claims it is providing Singaporeans a market subsidy