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Archive for the ‘Opinions’ Category
The great public housing debate

The great public housing debate

I refer to the Straits Times report "The great public housing debate" dated 17 Oct 2009. PRs In her report, Ms Tan concluded that the PR effect on resale flat price is not strong because only one in five resale flats are bought by PRs.  There were a total of 30,928 resale flat transactions from third quarter last year to... 

The Singaporean and the Immigrant: A Love Story

The Singaporean and the Immigrant: A Love Story

By Harsh Raghuvir By definition of classical liberalism that much of the politically aware Singaporean youth pledge allegiance to, it seems ironic that we adopt a more conservative view of matters such as immigration. The current wave of immigration that Singapore is experiencing today can be explained by simple economics as... 

Lessons from Japan’s Lost Decade (Part 1): Is Singapore entering the same bubble?

Lessons from Japan’s Lost Decade (Part 1): Is Singapore entering the same bubble?

OPINION On Christmas Day 1989, the Bank of Japan raised its benchmark interest rate by half a percentage point. Nine months later, the Nikkei stock market index had fallen by nearly half, and by 2001, it had shed 70 per cent of its value. Land prices followed suit 80 per cent between the end of 1989 and 2002. With inflated asset... 



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