1. Poor Quality Homes Built
Homes actually built are often riddled with defects and poor workmanship which new home owners must endure. New homeowners are also not allowed to perform extensive renovations on the home and must rely on the HDC to conduct major repairs or alterations. Alternatively you are given a low quality home to start off with that would most certainly require extensive remedial work at your expense.
Example: Sewage flows in Beverly Hills
2. Limited Property Rights – You get what you pay for
Property rights are a feature of any asset or economic good. These goods or assets are supposed to offer a bundle or rights:
1. the right to use the good
2. the right to earn income from the good
3. the right to transfer the good to others
4. the right to enforcement of property rights.
Under HDC’s terms and conditions at least two of the four rights are limited or non-existent. Successful applicants cannot earn an income from the property, and in the short to medium term they cannot transfer the asset to someone others. These are key and fundamental reasons for property ownership which are not provided to the successful applicant.
3. Location, Location, Location
Persons from the political Inner circle and party faithful and get most of the HDC homes in the more desirable areas. The general population is largely subjected to inconvenient very remote locations that offer limited accessibility to applicants and their families. These inconveniences which take the form of additional, traveling time, money and dislocation further diminish the appeal of an HDC home.
4. HDC Houses Typical Used As a Political Carrot On A StickHDC is used as a political tool to manipulate and entice applicants to vote in certain direction. Don’t allow yourself and your family to be used as a political pawn for politicians. At typical tactic is for the HDC to send out letters before elections reminding applicants that their “applications are still under consideration”. This is a dishonest tactic to dangle a hand out in front of applicants to steer them in a certain politcal direction.
5. Disincentivizes Applicants From Seeking A Private Home For Themselves.
The fleeting illusion of a house from the government has the adverse effect of paralyzing applicants from engaging in activities that could lead to their own individual success. A dependency syndrome is therefore created and; attitudes and behaviours of self-reliance are destroyed. Whatever weakness that may have challenged the applicants is thereby made even worse. Why save and sacrifice when I can get a subsidized home for the government? This is not a castigation of HDC applicant but rather rational human decision making in action.
6. Denies Applicants the Opportunity to Strive and Achieve For Themselves
The greatest tragedy of all is that this system limits human endeavour and achievement and denies the individual the fulfilment derived from striving individually or as a family for a major goal. Moreover the skills and life experiences of the process of engaging in this endeavour is forever denied to not only the applicant but also to the children of the applicant. This child is not afforded the opportunity to observe the relationship with hard work and reward in a major way.
7. Poor Customer Services and Treatment Meted Out to Applicants
Applicants must subject themselves regularly to hours of less than humane treatment at the hands of demotivated public servants with no interest in serving customers. The process ultimately saps the dignity of the applicant and deprives them of valuable time they would have allocated elsewhere more productively.
You can do it!
The purpose of this article is not to condemn applicants but rather to encourage those still awaiting a house from the HDC. Don't sit around waiting on them you can save and sacrifice on your own. By starting off small, being frugal and industrious you can secure your dream of homeownwership that provides real property rights for you and you children.
Ownership of your dream must always remain with you. And so does the obligation to make that dream come true. - Chris Hogan