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Beng Huat Chua, "Public Subsidy, Private Accumulation: The Political Economy of Singapore's Public Housing" (NUS Press, 2024)

New Books in Sociology

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The Paradox of Public Housing in Singapore

This chapter explores the unintended consequences of public housing subsidies in Singapore, which have led to increased wealth for certain individuals rather than fostering social equity. It examines the implications of the asset-based welfare model, the accessibility challenges for citizens, and the government's intricate role in managing housing prices and political stability. Through discussions on eligibility criteria and social norms, the chapter highlights how policies evolved alongside changing demographics, raising concerns about societal inequality and integration.

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