“Foreigners are driving property prices up!” “Public housing is unaffordable!” You’ve probably read something along those lines online and probably think the same way too. I mean, it’s so easy to say that there are too many foreigners taking away our homes and asking for the government to introduce some silver bullet policy that will magically whisk away the problems of housing affordability. After all, complaining is our national sport ain’t it? As a young adult looking to own my first home, I too am inclined to point fingers and blame the government, foreigners or anyone who is contributing to the ever-increasing prices of a basic human right (according to the UN). Source: Giphy But before we get ahead of ourselves, let’s take a look at what REALLY is driving housing prices up in Singapore and deep-dive into the whole economics of it, without getting too political. Jump to:...