Chitchat In Australia, the government listens and keeps housing affordable

[Si1verwolf]

In Singapore, MSM is used to pitch to the commoners that HDBs below $1m is a bargain and that HDB flats costing millions of dollars is perfectly natural and should not be the focus because the focus is on finding the right home at an acceptable absolute quantum. You believe this bullsh*t? *LOL*

Meanwhile in Australia, the government listens and keeps housing affordable.

Prime Minister Anthony Albanese’s bid to make housing more affordable for young Australians has widespread support
https://www.theage.com.au/politics/...ck-fall-in-house-prices-20260621-p608pl.html?

 

[True Believer]

Growing the population in S'pore benefits the PAP. When the population increases, it puts pressure on housing and land prices which inflates the value of SG's land reserves. The govt’s financial reserves are estimated to be around $3 trillion, but the land it owns is worth several times that amount. The value of this land increases every time a new HDB record is set. The govt uses the excuse of rising property prices to divert more money from the national budget into housing subsidies, which then flow back into the reserves when land is sold to HDB and private developers. This is done without having to spend money on things that would genuinely improve the lives of S'poreans.

 

[potato29]

Australia housing affordability set to worsen for new homebuyers in 2026.

https://www.edgeprop.sg/property-ne...ability-set-worsen-new-homebuyers-2026-moodys