While intended as a rebuttal, Mr. Singh inadvertently confirmed my two central warnings. First, on Inflation: Mr. Singh admits the new $30 million ceiling “reflects market alignment amid rising construction costs.” This is a confession. For a bank to approve this (based on the debt-to-income ratio Mr. Singh cites), the household usually needs to earn double that amount. Third, on the Banks: Mr. Singh boasts of the banks’ record profits to disprove “lender fatigue.” He misses the point. Mr. Singh calls this “modern housing finance.” The 28,000 Guyanese holding allocation letters for unserviced land call it what it is: a debt trap.