Re:Manhattan rents cross $5k threshold for first time
by system16 on Thursday July 14, 2022 @03:20PM
(#32100400)
That's a pretty broad assessment.
It's not without its flaws, but Singapore has an extremely effective public housing program run by the government's Housing & Development Board (HDB) where 89.9% of Singaporeans are homeowners.
The "just build more" supply argument doesn't hold water when you have an unlimited source of demand from institutional investors and speculators that use housing as a place to park their money.
It's not without its flaws, but Singapore has an extremely effective public housing program run by the government's Housing & Development Board (HDB) where 89.9% of Singaporeans are homeowners.
https://www.statista.com/statistics/664518/home-ownership-ra...
The "just build more" supply argument doesn't hold water when you have an unlimited source of demand from institutional investors and speculators that use housing as a place to park their money.