3 ms·
> supplying government housing to anyone at a low price Singapore does exactly this with the HDB flats.
by dheera 6y ago
> supplying government housing to anyone at a low price
Singapore does exactly this with the HDB flats.
- refurb 6y agoNot quite a “low price”. A 2 bed HDB costs around $500k SGD. And the median salary is ~10-15% lower than the US. Way cheaper than a private condo ($1M), but still a significant barrier to many people in Singapore especially since you can’t buy one if you’re single until you’re over 35.