Mixed reaction to government’s housing shortage fix

Lawmakers on Monday began discussing two government bills aimed at boosting the stock of residential units and providing affordable housing, but not all were convinced this was enough to drive down rents.

The two bills relate, respectively, to the government schemes known as ‘Build to Rent’ and ‘Renovate and Rent’.

MPs gave the various implicated departments and agencies (finance ministry, the tax department, the Land Development Corporation, the land registry)