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What Singapore does is not at all the same as what is talked about here. Singapore isn't building housing in the hottest areas and selling it for cheaper than
by BubRoss 7y ago
What Singapore does is not at all the same as what is talked about here. Singapore isn't building housing in the hottest areas and selling it for cheaper than a market rate, they are building their own housing and selling it at market rates to Singaporean citizens with restrictions.
San Francisco forces developers to have certain amounts of units that get rented out for half the normal price as a stipulation for building. This is directly counter to market prices in desirable areas.