Archive for the ‘Abdul Gafoor’ Category
The paradox of Singapore’s economic growth: Time & Income

The paradox of Singapore’s economic growth: Time & Income

By Abdul Gafoor, Social Correspondent n a typical economic growth model, the assumption that is made about an economy that grows from a low income to a higher income is that the economic growth will bring along positive growth their real incomes and their leisure time. Part of the growth in leisure time (each day is divided... 

The macro factors behind the Housing Crisis in Singapore

The macro factors behind the Housing Crisis in Singapore

By Abdul Gafoor, Social Correspondent Many Singaporeans have grown to agree and accept that the housing market in Singapore is in a crisis. In a country of 600 sq km, where rental property is not quite an affordable option for majority of locals, purchasing a property has become not just desirable but a must. Therefore this... 



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