News by Tong Kooi Ong and Asia Analytica

解决房屋可负担性的问题，最直接的方法是先降低各造面对的风险。如何做到？

Home prices have risen rapidly since 1990, fuelled by historically low interest rates and enabled by the then government’s policies (such as home ownership campaigns, Developer Interest Bearing Scheme and a reduction in the real property gains tax) and banks’ aggressive lending for mortgages. As a result, home affordability has declined by half.