dnlhmt
Re:Without affordable housing, Vancouver risks becoming an economic gh...
on Friday February 12, 2016 @11:12AM (#11088229)
Singapore has been able to solve it to a certain extend. 90%+ of land is owned by the government and leased/purchased back to its residents at an affordable rate. This generates revenue the government can re-invest into the economy. It also reduces the impact of a small group of rent seekers siphoning billions out of the local economy.