Re:Low interest rates in advanced countries have pushed mone...
by seanmcdirmid on Wednesday November 24, 2021 @06:15PM
(#29336328)
I don't think "public housing in the USA" and "public housing in Singapore" are the same thing at all. The former was rent subsidized or even free housing given to the poor. The latter is probably subsidized socially, but is aimed at the middle class and involves letting people "buy housing" from the government, they aren't slums that are given away.
The only thing that Americans might hate about it is that they are universally 30 story concrete apartment buildings that Singapore is selling to its citizens at affordable costs. If you want detached, that is the private market and will cost a lot.
The only thing that Americans might hate about it is that they are universally 30 story concrete apartment buildings that Singapore is selling to its citizens at affordable costs. If you want detached, that is the private market and will cost a lot.