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Fomca had called on the government to create the first home subsidy to people who enjoy it subject to a minimum period of ownership before they can be sold.
The vice President FOMCA Sha'ani Abdullah, said he supports the proposal that the government set a minimum period of ownership up to 10 years, but the policy of subsidies to offset the purchase of a house so it was not disputed when implemented. He said that however, the first home subsidy is only available to people who qualify based on income and family size. In this context, a very important aspect of family size and should be taken into account.
For example, compare a person who earns RM3, 500 a month but rather the 12 children, with another lower-income but no more charges.
Chairman of the National Housing Company Limited (NHC), Datuk Idris Haron, was quoted as saying this as some of the home buying purely for investment and doubled profits through reselling.
Sha'ani said, such an investment strategy, no longer going to burden the less fortunate who really need a house first. Therefore, he ask questions orally to the Parliament Secretariat asked the Minister of Housing and Local Government to state the steps taken by the government to control the extreme house prices, especially in urban areas, the Third Meeting of the Fifth Division of the 12th Parliament began 24 September.
Taken from "Berita Harian,FOMCA syor subsidi rumah pertama,2012/08/31
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