Can Singapore's public housing system be replicated? - BBC World Service #shorts

Many countries have looked to Singapore’s public housing model, where homes are sold on 99-year leases, as a way to improve affordability, but can it be replicated in places where governments do not control most of the land? Click here to subscribe to our channel 👉🏽 https://bbc.in/3VyyriM Australia is scaling back tax incentives for property investors in an effort to improve housing affordability, but whether the reforms will meaningfully lower home prices remains an open question. In this episode, Mariko Oi speaks with Bill Birtles and Abhiram Subramaniam about Australia's housing changes, the affordability crisis across Asia, and what countries such as South Korea, China and Singapore can teach us about tackling soaring housing costs. ---------------- This is the official BBC World Service YouTube channel. If you like what we do, you can also find us here: Instagram 👉🏽 https://www.instagram.com/bbcworldservice Twitter 👉🏽 https://twitter.com/bbcworldservice Facebook 👉🏽 https://facebook.com/bbcworldservice BBC World Service website 👉🏽 https://www.bbc.co.uk/worldserviceradio Thanks for watching and subscribing! #BBCWorldService #WorldService #housingmarket #housingcrisis #asia #singapore