Answer Happy

An Application of Basic Economics Concepts to Home
Ownership in the Singapore Property Market
Using the following The Straits Times articles as a
starting point show how the economics concepts can be
applied to a contemporary economics issue.
A house for the millennial: Home prices a hot button issue for
millennial voters
https://www.straitstimes.com/asia/mille ... -singapore
HDB resale prices rise for 22nd straight month; Pinnacle 4-room
flat sells for record $1.228m
https://www.straitstimes.com/singapore/ ... cord-1228m
Property cooling measures to reduce risk of the self-reinforcing
cycle of price increases: Desmond Lee
https://www.straitstimes.com/business/p ... e-of-price
Please use appropriate economics concepts from the
Demand and Supply Analysis and Consumer
Choice Theory, with appropriate diagrams to support
your analysis and discussion of the Singapore Property Market.
GENERAL REQUIREMENTS:
Develop logical and coherent responses to the issues raised
above. The opinions or decisions that are presented
should be supported by references to appropriate texts, articles,
websites, and current economic practices.
It is recommended that at least five (5) more articles
be reviewed.
The following lists of deadline and requirements should be
adhered to. Failure to do so will result in a lower
grade on the project.