- Joined
- Oct 15, 2023
- Messages
- 24,397
- Points
- 113
Only they grow. How many have fallen?
Overcrowding and rapid population growth in a limited land area like S'pore directly inflates both property prices and rental rates. When a surge in population density outpaces the available housing supply, high demand forces buyers and tenants to compete for the same limited pool of homes, inevitably driving up costs. The main beneficiaries are owners of multiple properties like our very own policy makers.