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- Oct 15, 2023
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Lawrence Wong once said about a HDB flat: ""That's what home ownership provides, a concrete stake in our nation's progress, and not just that, but eventually a home and a nest egg, which you can tap on for retirement". What PM Wong did not admit is that HDB buyers do not own the land itself, which remains under the ownership of the state. There is no ownership as HDB dwellers are lessees (tenants) and the HDB is their lessor (landlord).I just invest bare minimum in this land