Re:How to find a job as Software Developer in Germany
by kalnins on Thursday April 22, 2021 @04:16PM
(#26907625)
How did Singapore tackle it?
Re:How to find a job as Software Developer in Germany
by HDMI_Cable on Thursday April 22, 2021 @04:30PM
(#26907784)
I believe it was a combination of two factors (I'm not Singaporean so it would be nice if someone could correct me). Most of the housing units are owned by the government and are leased out to prospective owners based on a pseudo-waiting list type system for a fixed term (50 years?), and Singapore tends to build more housing than the west.
Old houses belong to older generations, and new houses are bought by rich people. Young people don't stand a chance, for some cities even not with a lifelong mortgage - unless they live in countries like Singapore which explicitly tackled this problem.