Ironing out the affordable housing issue


The interest and different issues surrounding the property sector made the National Housing Department director-general a popular target for questions at the Affordable Housing Seminar 2018. StarBizWeek caught up with Jayaselan K. Navaratnam in a Q&A as below:

Is it likely for a US style sub-prime crisis to happen here if interest rates are lowered for buyers of afforable housing as being discussed by the Housing Ministry?

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