Singapore’s surging rents to be big election issue, survey shows

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Singapore’s surging rents to be big election issue, survey shows
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52% of respondents indicated they want the government to regulate rents and provide additional support based on income.

But 52% of respondents indicated they still want the government to regulate rents and provide additional support based on income. Around 32% said temporary rental relief should be provided for expats, and nearly half said first-time homebuyers should get more assistance. The survey was conducted from July 3 to 5., but warned of potential unintended effects.

Young people in particular were the most concerned about high rents. While around 30% of all respondents said rental issues are unlikely to influence their vote, just 18% of those aged 18 to 24 indicated the same. About 45% of the age group said the problem was very or somewhat likely to affect their vote choice, while 17% were neutral on the issue.

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