WP MP Louis Chua on Singapore’s housing issues: ‘Insanity is doing the same thing over and over again and expecting different results’ - Singapore News

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WP MP Louis Chua on Singapore’s housing issues: ‘Insanity is doing the same thing over and over again and expecting different results’ - Singapore News
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'This saying is usually attributed to Albert Einstein, but one might argue also appears to be the current approach to the multitude of housing-related issues we are seeing in Singapore today,” he said.

"This saying is usually attributed to Albert Einstein, but one might argue also appears to be the current approach to the multitude of housing-related issues we are seeing in Singapore today,” he said.

Noting that it has been announced that if necessary, HDB is prepared to launch up to 100,000 flats in total from 2021 to 2025, Mr Chua said this is not enough. Mr Chua added that application rates for BTO flats have reached new heights in the last ten years, increasing from 2.8 times in 2012 to 5.6 times in 2021.

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