Singapore: “Housing is a human right, not a playground for speculators.”
They made home ownership mandatory through savings schemes and hammered investors with heavy taxes on second and third properties.
The outcome? Real affordability for workers — not just profits for landlords.

Australia: “Let the market decide.”
Then opened the floodgates with super withdrawals, negative gearing, and foreign investment.
The result? Young people locked out, while property becomes a boomer ATM.

One country treats housing as shelter.
The other treats it as a wealth machine.

Guess which one has the housing crisis?
Neoliberal brainrot vs. serious policy.
Singapore wins.

#HousingCrisis #SingaporeModel #AustraliaFail #TaxTheRich #Auspol

https://www.youtube.com/watch?v=ptcNWF_iLBk

How Singapore and Australia Took Opposite Paths on Housing

YouTube

@mojo

I only got halfway through (damn ads!) but I’m afraid Eslake is right. Too many people who have managed to buy their home or are currently paying one off would be scared that real efforts to stop home prices from rising would reduce the value of their investment. That’s without even thinking about those who have additional investment properties.

I only hope that enough homeowners also care about their children, grandchildren etc to support more equitable taxation policies anyway.