Monthly Archives: November 2014

  • Rethink house price policies

    policymakers need to consider the relationship between homeownership and asset appreciation. as the majority of singaporeans became home owners, policymakers may have conflated the goal of home ownership with that of asset appreciation. this is mostly misguided. while house price inflation provides a boost to consumption because of the wealth effect, this benefit has to be weighed against its costs. not only do rising house prices cause anxi... Continue reading
  • Compare PRIVATE vs HDB



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