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Income limits are unrealistic

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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.

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