Singapore is also soon becoming a failed society. Millions of citizens cant afford to rent and travel by the thousands to nearby Malaysia to buy basic food essentials.
You know that Singapore has one of the highest home ownership rates in the world? Most people don't rent, because their family owns the place.
> and travel by the thousands to nearby Malaysia to buy basic food essentials.
You say that like it's a bad thing? People traveling to Malaysia to buy stuff that's cheaper is perfectly compatible with Singaporeans being well-off. You'd need to bring some other evidence to argue that Singapore is a 'failed society'.
And a lot closer to the capitalist side than eg Germany or the US.
Singapore is also soon becoming a failed society. Millions of citizens cant afford to rent and travel by the thousands to nearby Malaysia to buy basic food essentials.
> Millions of citizens cant afford to rent
You know that Singapore has one of the highest home ownership rates in the world? Most people don't rent, because their family owns the place.
> and travel by the thousands to nearby Malaysia to buy basic food essentials.
You say that like it's a bad thing? People traveling to Malaysia to buy stuff that's cheaper is perfectly compatible with Singaporeans being well-off. You'd need to bring some other evidence to argue that Singapore is a 'failed society'.
Is there a shortage of hdb housing, or is the price simply too high for 30% of the population?