Private home prices may have risen as much as 15 per cent this year had authorities not acted, Lawrence Wong, the national development minister, said in a speech last month. "Let me be very clear that the government cannot and will not take a hands-off attitude to the property cycle," Mr Wong said.
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Singapore will not take a hands-off attitude to property cycle – The Singapore Government will not take a hands-off attitude to the property cycle and allow bubbles to develop. The Minister for National Development, Mr Lawrence Wong, said this at the Institute of Real Estate and Urban Studies (IREUS) Conference on Real Estate and Urban Studies’on May 24.
Most cycle because they want to. To support their interest, the local administration has built nearly 400km of bike lanes across the city. As societies evolve, individuals take over the responsibility.
· ”Let me be very clear that the government cannot and will not take a hands-off attitude to the property cycle,” Wong said. “So there should not be any surprise when we intervene in the.
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3. Our Attitude Towards Public Property. Just recently, we wrote about bicycle-sharing startups and their plight with irresponsible users in Singapore. While there are many pronounced differences between Singaporeans and Malaysians, in this one aspect we might be similar. There is a prevailing low sense of civic duty towards public property.
SINGAPORE – If the Government had not stepped in with measures in July to cool the property market such that there are now signs of moderation, property prices would have surged ahead, possibly.
With the country fatigued by bailouts and worried about federal debt, Obama tried to remind people that, in his view, it was a hands-off government attitude that helped cause the problems he inherited. He said he did not want big government, but rather a "responsible government" that is on the side of the people.
Let me be very clear. The Government cannot, and will not take a hands-off attitude to the property cycle. So, there should not be any surprise when we intervene in the market, because that is our approach and attitude. I do not think any responsible government should do so. Instead, we will do whatever we can to prevent property bubbles from.