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Public housing used in Japan and Singapore

05-20-2010 09:38 BJT

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Japan and Singapore use "public housing" to ensure low-income earners have a home. Public housing is a form of tenure in which the property is owned by a government authority.

For middle and low income families in Japan, public housing is only rented, not sold. The tenants are "selected" to live there. In Singapore, 87 percent of the citizens live in public housing. It's not considered a sign of poverty or lower living standards. It is in other countries, where land constraints are less of an issue and property prices may be significantly cheaper. In Singapore, anyone with a monthly income less than 3,500 Singapore dollars can apply.

Editor:Zhang Ning |Source: CCTV.com

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