The Infinite World

Government in a democratic country is elected by the citizens of the country. Why should land belong to the government? When you buy a 99 year lease flat, you need to take a bank loan and pay down the load over a period of 20 to 30 years. At the same time, you have to pay property tax. At the end of the 99 years, it goes back to the government without compensation. If you live long enough, then you either buy a new flat or rent a flat. If you buy a old house, you pay the price in accordance to the market value of the flat, which is the remaining value of the lease. Why should the land revert back to the government? Perhaps, it’s time to convert all lease to freehold, then at least the owner can pass on the flat to their off springs. At least, what they work their life to buy, can be passed on to their children and not back to the government. Then, there is no fear that value of their flats will disappear as the lease approaches expiry. People worked their life away and give it all b

Human beings need to recognise that people treasure their different ways, each can do things their own ways, as long as they do not impose on others. The important thing is to not take advantage of others, or harm others.