Housing the Nation - a Singapore Policy Story

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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.