Authors:
- Presents comparative data and analysis of housing affordability in large cities
- Assesses the applicability of Singapore's housing framework to other global cities and developing economies
- Of interest not only to academics, but housing policymakers, urban planners and local governments
Part of the book series: Palgrave Advances in Regional and Urban Economics (PARUE)
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Table of contents (10 chapters)
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Front Matter
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Back Matter
About this book
Global cities today are facing fundamental challenges in relation to unaffordable housing and growing economic inequality. Singapore’s success in making homeownership 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 the 1980s and 1990s, housing market and land use regulations were amended in response to the changing needs of a growing economy.
Housing policies have also been utilised to curb housing speculation, build racially inclusive communities, and reduce wealth inequality. More recently, an ageing population of homeowners has necessitated focus on policies for housing equity extraction. This landmark title is of relevance to all developing economies exploring alternative systems of affordable housing.Keywords
Authors and Affiliations
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School of Economics, Singapore Management University, Singapore, Singapore
Sock-Yong Phang
About the author
Bibliographic Information
Book Title: Policy Innovations for Affordable Housing In Singapore
Book Subtitle: From Colony to Global City
Authors: Sock-Yong Phang
Series Title: Palgrave Advances in Regional and Urban Economics
DOI: https://doi.org/10.1007/978-3-319-75349-2
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2018
Hardcover ISBN: 978-3-319-75348-5Published: 04 May 2018
Softcover ISBN: 978-3-030-09208-5Published: 26 January 2019
eBook ISBN: 978-3-319-75349-2Published: 23 April 2018
Series ISSN: 2662-6411
Series E-ISSN: 2662-642X
Edition Number: 1
Number of Pages: XXII, 215
Topics: Urban Economics, Public Economics, Asian Economics, Industrial Organization, Development Economics, R & D/Technology Policy