Thursday, October 4, 2018

Singapore solved clean and safe public housing

Wake up and smell the roses.  It is a public good if everyone owns their own home.  Singapore has 90% + ownership.  This is proof that it can work provided the effort is not subverted by evil agendas.
We are entering a world in which public servants will be subject to a review of their conversations for malfeasance and this can become everyone's new standard even without applying the rules of a natural community. 
No one can argue that it is impossible. About time.  
Singapore solved clean and safe public housing

brian wang | September 18, 2018

Singapore got independence from Britain in 1959 and was poor. Now it is among the top richest countries on per capita GDP basis.

They also had a lot of poor slums. In 1960 they set up a Housing Board which made clean and safe apartments. They built 51,000 homes from 1960-1965 and housed 400,000 (25% of the population).

Singapore had a GDP per capita of $516 in 1965 and the US had a GDP per capita of $3828 in 1965.

Now Singapore and US GDP per capita are about equal.

Singaporeans are required to contribute to the Central Provident Fund for pensions and for housing expenses.

Houses are made by the government for 20-30% less than private housing. People are required to live in them for 5 years before selling them.

9% lived in public housing in 1960 and 82% live in public housing in 2016.

Singapore under British control 1819–1826

Straits Settlements 1826–1942

Japanese occupation of Singapore 1942–1945

British Military Administration 1945–1946

Colony of Singapore 1946–1963

Singapore in Malaysia 1963–1965 also known as Malaya

Republic of Singapore 1965–present

91% of Singapore’s population owns there own home.

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