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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.…
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.
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