"The steady state does not necessarily mean 15,000 units
construction per year. Some may prefer to buy resale flats so that
they can move in immediately. More importantly, they can select
which flats to buy and which areas to buy because their parents
might not be in the non-mature estates or their parents might not
want to move into non-mature estates so we should always keep those
options open."
Rubbish logic la
If a newly formed family buys a resale flat to stay, then the
previous HDB owner will have to move out. The cycle continues until
the last one has to buy from a BTO. Which still means 15000 is
needed annually based on this logic.
It would have made more sense to say some want to stay with
parents, or if the family moved overseas, or if the last inhabitant
of the flat pass away.......
