Is Singapore's housing model a realistic solution for Canada's affordability woes?

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Is Singapore's housing model a realistic solution for Canada's affordability woes?
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Singapore's housing model, where the government plays a dominating role in land ownership, property development, financing and other related aspects of society, has been held up numerous times as a path to affordability here in Canada.

VANCOUVER — Urban planner Louisa-May Khoo says she got a sense of déjà vu when British Columbia Premier David Eby announced the BC Builds housing program earlier this year.

"The StrongerBC economic plan is also pushing for things like a lot more upstream planning, which Singapore has always done for a long time," she said. "Some of the regulations and proposals that I've seen in terms of the housing plan is very much inspired ." The Singapore-based researcher, who co-authored a 2016 Asian Development Bank Institute report on the country's housing policies, said much of the country's unique take on housing came out of necessity.Singapore faces an acute problem of land scarcity, Phang said. " it is a holistic framework of land-use planning and allocation, housing supply delivery, housing finance and regulation of housing demand to ensure affordable home ownership.

As a result, Phang said about 90 per cent of Singapore's land is now state-owned, about 70 per cent of all housing units there are built by the government through the development board, and citizens are required to save money for retirement through a central fund that can be used to buy public housing.

For Khoo, one aspect of Singapore's approach to housing that could be replicated in Canada is a more comprehensive approach to urban planning for decades ahead. Singapore writer and activist Kirsten Han, who runs the We The Citizens newsletter analyzing the country's human rights situation, said Singapore's housing policy can be viewed as an extension of its broader vision for society, and planning extends into social engineering that may be hard for Canadians to accept.

"Migrant workers are seen as just here to work and apart from that are dispensable and discardable," she said. "So, it's actually a very exploitative sort of relationship."

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Is Singapore's housing model a realistic solution for Canada's affordability woes?Is Singapore's housing model a realistic solution for Canada's affordability woes?Singapore's housing model, where the government plays a dominating role in land ownership, property development, financing and other related aspects of society, has been held up numerous times as a path to affordability here in Canada.
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