Chapter 1 takes a close look at a unique and state-of-the-art dynamic, structural public Housing macroeconomic model (DSPHM), based on an open economy for several key macroeconomic variables, actual and expected, as well as the demand for new HDB flats sold.
Chapter 2 explores the relationship between several economic factors and the demand.
This Chapter readily adopts the DSPHM for simulating two scenarios, namely a "no change" first scenario and a public Housing "deregulation" second scenario.
Chapter 1 takes a close look at a unique and state-of-the-art dynamic, structural public Housing macroeconomic model (DSPHM), based on an open economy for several key macroeconomic variables, actual and expected, as well as the demand for new HDB flats sold
