I strongly support too. When I just got married, can't afford a pte ppty, (though I wished so much to have one), no choice, l choose to stay in HDB flat. During that time, even furniture was given by my brother-in-law when he wanted to dispose his and we bought a 2nd hand washing machine. We saved so hard, no branded goods, no purchase of expensive stuff. Then 10 yrs later, govt implemented the EC, our wish came true. But we still saved very hard for our 2nd ppty (for investment) which was bought last yr after another 10 yrs of saving and now govt came out with such cm to penalise Singaporean to own 3rd ppty, this will definitely affect the ppty market. Though addn 3% might be little to some people but it might meant a lot to others.