Nov 8, 2012

Dubai citizens get free housing. Singapore?

According to an official UAE website,

"UAE citizens are also eligible for free or subsidised housing since access to modern comfortable housing is considered to be the right of every citizen."

"The UAE has three types of housing programmes: the first provides home loans and grants to nationals who own a piece of land, itself granted by the state. The second advances interest-free, long-term loans for nationals who can repay them. The third provides free housing for low-income nationals."

In case people think about Dubai's huge oil revenue, oil revenue is only a small fraction, 10% of Dubai's revenue. This report gives a long list of amazing benefits that citizens of Dubai get.

This is in sharp contrast to Singapore's situation. Although Singapore is a resource rich country, even the poor must pay for housing. It is claimed that a family with a monthly income of $1000 can afford to buy an $100,000 apartment from the government.

The differences reflect the totally opposite approaches of the two countries. One transfers the country's common wealth to its citizens' private wealth.


9 comments:

  1. You made some decent points there. I looked on the internet for the issue and found most individuals will go along with with your website. https://www.jubaexpresscommbrokers.com/

    ReplyDelete
  2. I read this article. I think You put a great deal of exertion to make this article. I like your work. Get Canada Visa from Dubai

    ReplyDelete
  3. Struggling with Quickbooks Phone Support ? Fix it by dialling us at 1-855-533-6333. The error usually arrives due to improper installation of QuickBooks upgrading.

    ReplyDelete
  4. Nice & Informative Blog ! Are You facing issue in Quickbooks Payroll Support Phone Number ? We resolve all sorts of issues with effective solutions provided by our QuickBooks experts. Just give a call on +1-855-533-6333

    ReplyDelete
  5. Are you getting maddened while experiencing multiple technical defects & issues in QuickBooks while accessing it? If yes, here is a solution to all your troubles!! Simply reach out to our QuickBooks Customer Service +1(844)233-3033, and avail favourable support instantly. Our experts are skilled enough to deal with any sort of user’s technical or non-technical grievances.
    https://posts.gle/2byJ1
    https://posts.gle/Xk44N

    ReplyDelete
  6. Are you getting maddened while experiencing multiple technical defects & issues in QuickBooks while accessing it? If yes, here is a solution to all your troubles!! Simply reach out to our QuickBooks Customer Service +1(844)233-3033, and avail favourable support instantly. Our experts are skilled enough to deal with any sort of user’s technical or non-technical grievances.
    https://posts.gle/2byJ1
    https://posts.gle/Xk44N

    ReplyDelete