Singapore's housing system is amazing. The government builds the houses but people effectively own them instead of renting, and can re-sell them. The government manages supply and downpayment assistance so that young people can consistently build wealth.
lkyspp.nus.edu.sg/docs/default-s…
lkyspp.nus.edu.sg/docs/default-s…
It's basically like if every generation got what the WW2 generation got in America -- forever.
And note that Singapore's system is not social housing. Only 6% of the units built by the government are rented out. Almost all units are privately owned (technically, on 99-year leases). It's a managed ownership society, not a social housing model.
