Income limits are unrealistic
During the Easter holidays, I went with some friends to look at the sandwich class flats at Diamond Hill MTR Station.
We all earn around $32,000 to $38,000 per month.
Because of the income limits laid down, we earn too much to be allowed to apply for Home Ownership Scheme flats.
However, we are not making enough to be able to buy a flat independently.
A 500 to 600 square foot flat in town carries a price tag of around $2 million.
The financial burden would be too great.
Given that the Sandwich Class Scheme has now been scrapped, we would urge executive director of the Housing Authority Victor So Hing-wo to review the authority's income limits regarding the Home Ownership Scheme so that people like my friends and myself, become eligible to apply.
In addition, could the authority let me know when people will be able to apply for the final sandwich class flats in Diamond Hill and Tseung Kwan O, and the unsold flats in Homantin and Hai King? At Diamond Hill we noticed that air-conditioners had already been installed in the windows of the flats and workers were painting the external walls.
Given that we are talking about taxpayers' money here, the Housing Society should be more open when it comes to giving details of flat sales.
NAME AND ADDRESS SUPPLIED