Correlation between Strong Housing Demand and Customary Beliefs

Debated in Parliament on 16 Oct 2012.

Summary written by AI (learn more)

Gan Thiam Poh inquired whether pent-up housing demand in recent years could be attributed to customary beliefs or ethnic traditions tied to marriage and family formation, suggesting it might be temporary.
Khaw Boon Wan responded that there is no empirical or historical evidence to support this correlation, noting that eligible marriages for subsidized housing have remained stable at around 15,000 annually over the past decade.
He further clarified that no link exists between private housing demand and household formation trends.

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Gan Thiam Poh

Mr Gan Thiam Poh asked the Minister for National Development whether there is empirical and historical evidence suggesting that the pent-up demand in the last few years for housing could be due to stronger preference for marriage/setting up of family in a particular zodiac year or customary belief/ethnic traditions and, thus, temporary in nature.

Page: 1014

Khaw Boon Wan

There is no such evidence. The number of marriages eligible for subsidised housing has been quite stable, at about 15,000 each year in the past decade. There is also no correlation between private housing demand and household formation.

Page: 1014

Summary written by AI (learn more)

Gan Thiam Poh inquired whether pent-up housing demand in recent years could be attributed to customary beliefs or ethnic traditions tied to marriage and family formation, suggesting it might be temporary.
Khaw Boon Wan responded that there is no empirical or historical evidence to support this correlation, noting that eligible marriages for subsidized housing have remained stable at around 15,000 annually over the past decade.
He further clarified that no link exists between private housing demand and household formation trends.

Questions identified by AI (learn more)

Correlation between Strong Housing Demand and Customary Beliefs | PAPERCUTS

Correlation between Strong Housing Demand and Customary Beliefs

Debated in Parliament on 16 Oct 2012.

Summary written by AI (learn more)

Gan Thiam Poh inquired whether pent-up housing demand in recent years could be attributed to customary beliefs or ethnic traditions tied to marriage and family formation, suggesting it might be temporary.
Khaw Boon Wan responded that there is no empirical or historical evidence to support this correlation, noting that eligible marriages for subsidized housing have remained stable at around 15,000 annually over the past decade.
He further clarified that no link exists between private housing demand and household formation trends.

Questions identified by AI (learn more)

Full Transcript

Gan Thiam Poh

Page: 1014

Khaw Boon Wan

Page: 1014

Summary written by AI (learn more)

Gan Thiam Poh inquired whether pent-up housing demand in recent years could be attributed to customary beliefs or ethnic traditions tied to marriage and family formation, suggesting it might be temporary.
Khaw Boon Wan responded that there is no empirical or historical evidence to support this correlation, noting that eligible marriages for subsidized housing have remained stable at around 15,000 annually over the past decade.
He further clarified that no link exists between private housing demand and household formation trends.

Questions identified by AI (learn more)

Correlation between Strong Housing Demand and Customary Beliefs

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Gan Thiam Poh

Khaw Boon Wan

Summary

Questions Identified

Correlation between Strong Housing Demand and Customary Beliefs

Summary

Questions Identified

Full Transcript

Gan Thiam Poh

Khaw Boon Wan

Summary

Questions Identified