3 ms·
Half of Hong Kong's population lives in public housing, as does 82% of Singapore's population: https://en.wikipedia.org/wiki/Public_housing_in_Hong_Kong https:/
by akgerber 9y ago
Half of Hong Kong's population lives in public housing, as does 82% of Singapore's population:
https://en.wikipedia.org/wiki/Public_housing_in_Hong_Kong https://en.wikipedia.org/wiki/Public_housing_in_Hong_Kong
https://en.wikipedia.org/wiki/Public_housing_in_Singapore https://en.wikipedia.org/wiki/Public_housing_in_Singapore
Which probably reflects that people are more willing to be exposed to market fluctuations when their basic necessities are met by the state.
- ceejayoz 9y ago"Basic necessities are met by the state" and "most people live in public housing" are pretty antithetical to libertarianism, aren't they?
- seanmcdirmid 9y agoIf they didn't do that, everyone who wasn't rich would be forced out of those cities, or would have to live with their parents and not have any kids (in Singapore's case). It has more to do with the unregulated market that public housing was necessary (and in Singapore, it really isn't the public housing you are used to).