Re:Economy and distribution of land rents in Singapore (1996)
by valarauko on Thursday April 21, 2022 @08:26PM
(#31116825)
> Why do you assume the government can’t plan out new property to replace the old?
I'm not - but this was 191 units. What happens when 20,000 units expire in a single year? You have a lot more confidence in government than I do. Besides, your top level comment was about how western countries could resolve their housing crisis with the SG model. My contention is that the SG model as it exists could only work in SG - if it does at all - which still remains to be proven in the coming decades.
I'm not - but this was 191 units. What happens when 20,000 units expire in a single year? You have a lot more confidence in government than I do. Besides, your top level comment was about how western countries could resolve their housing crisis with the SG model. My contention is that the SG model as it exists could only work in SG - if it does at all - which still remains to be proven in the coming decades.