Re:Housing can’t both be a good investment and be affordable
by nikanj on Saturday November 03, 2018 @03:52AM
(#18369196)
Singapore also has absolutely massive fines for using your home as an AirBnB. In a well-functioning market AirBnB doesn’t matter much, but when supply is artificially constrained via zoning etc, the $150-per-night income from your $1500 per month home is hard to beat.
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Re:Housing can’t both be a good investment and be affordable
by chii on Saturday November 03, 2018 @04:55AM
(#18369313)
> massive fines for using your home as an AirBnB.
it still exists, and you avoid it by claiming to be a relative visiting. Just make sure you don't bring large amounts of luggage thru the front lobby, or make a nuisance in the building.
Re:Housing can’t both be a good investment and be affordable
by Freak_NL on Saturday November 03, 2018 @05:42AM
(#18369412)
Facilitating a citizen in breaking a not unreasonable local law is not something a responsible tourist ought to consider. As a tourist you are a guest of the country you visit; behave as one.
Besides, Singapore is a nation where you probably don't want to break any laws a foreigner. Abetting fraud often is a punishable offence, and you might just become part of a crack-down on illegal subletting to set an example.