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Singapore's HDB system is world class in this regard. Key items being first time owners are highly prioritized (effectively no one else). Must be owner occupie
by irjustin 2y ago
Singapore's HDB system is world class in this regard.
Key items being first time owners are highly prioritized (effectively no one else). Must be owner occupied for first 5 years before allowing rental or resale. Government sets initial sale pricing to be quite affordable with special loans being cheap for the BTO. Average 2 year wait from lottery to build. Was 5 during covid.
- lwo32k 2y agoAustria too - https://www.bloomberg.com/news/features/2023-11-08/the-design-history-of-vienna-s-world-famous-social-housing https://www.bloomberg.com/news/features/2023-11-08/the-desig...