#511 ft. Minister Desmond Lee - Confronting the Challenges of Public Housing in Singapore

Minister Desmond Lee has been serving at the Ministry of National Development since 2013, taking over as Minister in 2020. He joins us to discuss some important questions about housing affordability and accessibility, the broader social significance of housing, and whether expectations for housing are being set too high.(00:00) On this episode(00:24) Intro(01:50) Current Housing Climate in Singapore(23:39) Minister Desmond Lee's Philosophy Towards Home-Owning(27:16) Keeping Appreciating Housing Prices in Check(33:21) Balancing Investor & Global Interests(37:21) Do Grants Foster Unrealistic Expectations Toward Housing Prices?(49:50) Why Not Put More Restrictions on Reselling?(54:00) Should Home Ownership Stop Being the Ideal?(57:36) Why Do Citizens Still Feel Unsatisfied About Housing Policies?(01:04:27) Misconceptions About Housing(01:14:24) Could the Home Buying Process Be Simplified More?(01:24:33) Planning Ahead for Future Generations (Long Island)(01:28:14) One Shiok ThingFind us here!Our websiteYLB SubredditYLB TikTokYLB IGYLB YouTubeOur Sponsor: Ministry for National Development!This episode is brought to you in partnership with Ministry for National Development. For more info on what we discussed, here are some important links: Draft Master Plan 2025MND’s websiteHDB’s websiteNew BTO classificationOne Shiok ThingPOKÉMON Detective Pikachu - Official TrailerJon Stewart Deconstructs Trump’s "Victimless" $450 Million FraudPassion WaveMics and Headphones from @shureChairs from @ergotunechairDesk from @castlerysgEdited and mixed by Tristen Yeak Hosted on Acast. See acast.com/privacy for more information.