The impact of crowdedness on housing prices

17 May 2017 | General News

As part of the monthly Ask: NUS Economists series, Dr Eric Fesselmeyer, Senior Lecturer, student Kwok Ci Yi, Jonathan, both from the Department of Economics at NUS Faculty of Arts and Social Sciences and Dr Seah Kiat Ying from the Department of Real Estate at NUS School of Design and Environment addressed the impact of crowdedness on housing prices. They conclude that crowdedness negatively impacts welfare carries important policy implications since almost all cities regulate density using measures such as plot ratio in Singapore.