Housing the Nation - a Singapore Policy Story

The book introduces a cutting-edge dynamic structural public housing macroeconomic model (DSPHM) that analyzes key macroeconomic variables within an open economy context. Chapter 1 utilizes this model to simulate two distinct scenarios: a baseline "no change" scenario and a second scenario focused on public housing "deregulation." Through these simulations, the book explores the implications of various economic conditions on the demand for new HDB flats.