Many observers claim that we are in the midst of an “affordable housing shortage” or, even worse, an “affordable … housing crisis.” The primary concern is that too many households live in “unaffordable” rental units. We hope to clarify the … largely behind the housing affordability problem despite the current focus on housing. Policymakers should recognize that …

In Singapore, the public resale housing market is an active second-hand housing market, whereby previously subsidised … new public housing units were being transacted at market prices. In contrast to the private housing price determinants … that have been identified in the international literature, the prices of public resale housing in Singapore are largely …