Sunday, August 26, 2018

WOTC - Housing price problem

I asked this question in the Wisdom of the Crowd:

How can the government solve the housing price problem?

Here are the responses: (83 Votes)
35 % - Allow more rental flats for young people to rent, and maintain the prices of new flats.
31 % - Build more HDB and private flats to increase the supply and reduce the prices
23 % - Maintain the prices of new HDB flats, to protect the investment of the old owners.
10 % - Sell new flats at reduced prices and let the old owners suffer the loss
1 % - Allow the HDB flats to continue to increase in price. 

See the pie chart at: 
http://www.wisdomofthecrowd.sg/chart.aspx?ID=825

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