Abstract

Abstract This paper examines the policies with which the government intervenes into the public housing market in Singapore. The various forms of government intervention, ranging from access. allocation controls to fiscal policies are discussed. These demand-side initiatives have been observed to have a profound influence in raising households' affordability levels, increasing the rate of home ownership, encouraging residential mobility as well as focusing housing subsidies and supply on target households. The paper reviews the public housing policy mechanisms implemented by the government over the past 40 years. The findings reveal that the public housing policies in Singapore play an important role in both achieving specific national goals as well as regulating the fluctuations within the public housing market.

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