Saturday, December 08, 2007

Live near your place of work

I hope that the Government will make it easy for people to move to a new home, to be close to their place of work. This will reduce the cost and time of commuting to work.

How can this be done?

Waive the stamp duty on buying a property to be used for owner occupation. The current stamp duty of 3 percent is too high. It discourages people from moving their home.

If more people live near their place of work, there will be less traffic congesion on the roads or in the public transport.

This proposal does not fit everyone. But, if it fits 30% of the working population, it can reduce the traffic on the road by 30%. It helps a lot. Every measure counts.

1 comment:

Anonymous said...

A stupid idea that benefits only the rich.

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