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Full-Text Articles in Urban Studies and Planning
Building An Equitable And Inclusive City Through Housing Policies: Singapore’S Experience, Sock Yong Phang
Building An Equitable And Inclusive City Through Housing Policies: Singapore’S Experience, Sock Yong Phang
Research Collection School Of Economics
Inequality is an age-old concern. In recent years, the rise of income inequality has received worldwide media and policy attention, beginning with the Occupy movement of 2011-2012 and a wave of notable scholastic books such as Stiglitz (2012), Piketty (2014), and Atkinson (2015). Piketty’s Capital in the 21st Century, an unlikely bestseller, contained a vast amount of data showing that the rich are taking rising shares of income and wealth in the advanced economies. Piketty’s approach towards capital and wealth is an aggregative one, and he does not treat real estate or land as a different or distinct form of …
Policy Innovations For Affordable Housing In Singapore: From Colony To Global City, Sock Yong Phang
Policy Innovations For Affordable Housing In Singapore: From Colony To Global City, Sock Yong Phang
Research Collection School Of Economics
Global cities today are facing fundamental challenges in relation to unaffordable housing and growing economic inequality. Singapore’s success in making home ownership possible for 90% of its population has attracted much attention internationally. This book represents a culmination of research by the author on key housing policy innovations for affordable housing. Housing policy changes were effected in the 1960s through reforms of colonial legislation and institutions dealing with state land acquisition, public housing, and provident fund savings. The comprehensive housing framework that was established enabled the massive resettlement of households from shophouses, slums and villages to high-rise government-built flats. In …