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Professor Tay Kheng Soon highlights selling of HDBs as assets as Singapore's greatest housing mistake - The Online Citizen Asia
Renowned architect and housing policy expert Professor Tay Kheng Soon expressed concern over Singapore's public housing policies at a town hall meeting organised by "Workers Made Possible" on 9 April. He believes the government's decision to promote public housing as an asset has resulted in...www.theonlinecitizen.com
Prof Tay also noted that the government’s emphasis on asset enhancement has distorted the economy, as resources are diverted away from more productive investments. He said, “We are now a nation of property agents. All we do is...