[pydry]

The whole point of the HDB system was to streamline and standardize the creation of decent quality housing. It worked spectacularly at creating abundant supply. Compared to the 1950s the supply has taken off like a rocket.

The "problem" was that population growth kept up with supply - initially through an extremely high birth rate and then, when that collapsed, through extremely high immigration rates.

Given the high population growth and low availability of land the growth in housing stock has been pretty amazing. Both the quality and the quantity certainly blows the US and Europe out of the water.

[shuckles]

I don’t think Singapore has run out of (re-)developable land. It has lots of low rise homes that have very low land value tax assessments. In any case, I agree their current situation is better than ours, but my point that the HDB model cannot solve housing costs without abundant supply stands.