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So it's whatever number you're going to pull out of the air at any given moment. Thanks for being honest about it. Because the owner occupied percentage of Sing
by vel0city 3y ago
So it's whatever number you're going to pull out of the air at any given moment. Thanks for being honest about it. Because the owner occupied percentage of Singapore isn't 95%. That's just the rate of ownership of citizens. There are these people called "immigrants" who might also participate in the housing markets. They might have a different owner/rental housing dynamic.
You really should have just stuck with your 90% number, because that's really closer to the owner occupied rate in Singapore. But hey thanks for really showing you're just making things up as you go instead of actually thinking things through.
It's sad too because I generally agree the ownership rate in most US cities isn't great and would prefer to see more owner occupied housing units to be built, but people spewing nonsense and making things up as they go really do a disservice to persuading people. Pulling numbers out of the air and blindly assuming that number should be a target probably does more to harm your arguments than helps.