bgd wrote:Can’t find the link now but HDB owes much to UK council housing. Singapore looked at the UK model and improved it. Basically they turned tenants into owners surmising, correctly, that owners will take better care of their
property.
We came full circle in the 1980’s. Thatcher saw the Singapore model working so starting selling off council housing to tenants.
The UK provided *let* property to people who could not afford to buy. The various Rent Acts were protection again brutal nightmare landlords. Landlord + Tenant 1986 or which ever and 1956 or so on...
Later it (the Tory Party) realised there were votes in selling £500k properties to people for 10p [I bought one, mmm yummy in my tummy].
With a properly drafted lease, a tenant will take care of a property. In the UK, the whole concept of 'right to buy', was encouraging people to have a stake in their neighbourhood. Turning ghettos into place others might want to live in. From what I've seen it worked. I laugh at yuppies around Artesian Road W2, Alexander Street, Sunderland Terrace, Westbourne Garens, Durham Terrace and so so (and so on) when they roll up in the Porsche and Prada... but there we go, knowing that 25 years ago they'd probably have have been mugged and raped just for being in 'my street' at the wrong time, which of course is any time.
These days I try not to laugh openly before taking their money.
http://www.youtube.com/watch?v=VmOXOW77CGY
'The most hated man in Britain'- Nicholas van Hoogstraten